Equity Prices Rebound on Improving Economic Outlook, Rising Commodity Prices
International equity prices rebounded strongly in January, as the economic outlook for major economies improved and commodity prices resumed the uptrend.
Economic data for the fourth quarter of 2016 from Europe and Japan have been largely positive. Trade data from Asia suggested a recovery in demand, one....More>>>
Yesterday we talked about the disconnect between the daily drama from the media in Washington (doom and gloom), and what the markets have been communicating (an economic expansion is underway). Today, you might think that connection is happening—the doom and gloom scenario is finally being realized in markets. Probably not.
For perspective: As of the close yesterday, the Nasdaq was....More>>>
The death of newspapers by a thousand cuts continues.
CVS Pharmacy has “significantly” reduced its spending on circulars, company spokesperson Erin Pensa told CNNMoney.
Pensa said CVS (CVS) isn’t completely doing away with circulars, but the company plans to focus more on digital advertising.
“[We’re] moving to where our customers are and....More>>>
Our Top Pick for growth-oriented investors is a global leader in the animal health market, suggests Brian Lazorishak, senior portfolio manager at Stack Financial Management and contributor to InvesTech Market Analyst.
Zoetis (ZTS) was created as a spin-off of the animal health division of Pfizer (PFE) in 2013.
The company is diversified by product line with roughly 60% of revenues....More>>>
On Wednesday, our Elite Opportunity Pronewsletter suggested going long on the leveraged ProShares Ultra Bloomberg Crude Oil (NYSEARCA: UCO) ETF:
Oil, on the other hand, could be in the process of bottoming out for a good while. It’s a risky proposition, but one worth considering, especially since UCO, the primary bullish leveraged ETF tracking the price of oil, can offer up some pretty....More>>>