Latest Trading News & Market Updates
Second quarter earning season kicks into gear in the coming week and a lower bar seems set by a number of firms. Downward estimate revisions are occurring in twice the number as upward estimate revisions. As it stands now, second quarter earnings are estimated to be lower than the same quarter last year by 1.9%,…
Morningstar recently made changes to its Intermediate Term Bond Fund Category. Matt explains the change and what it means for your portfolio. Fund categories play an important role for portfolio builders by helping them know what they own and also set expectations for risk and returns. Investors looking for a bond fund for the core…
The healthcare sector is underperforming the market by a wide margin on a year to date basis. The Healthcare Select Sector ETF (XLV) has gained 5.2%, while the SPDR S&P 500 (SPY) is up by almost three times that, with a cumulative gain of 15.1% in the same period. Data by YCharts This underperformance is…
Target Corporation (TGT) recently reported respectable revenues and earnings despite a challenging retail environment and fierce competition. The company has been executing well on its initiatives and finding a way to compete in the online marketplace while leveraging its store base to grow revenues. Indeed, online revenue grew at an impressive 42% from the prior…
By Jonathan Liss Listen and subscribe to the Marketplace Roundtable on these podcast platforms: iTunes/Apple Podcasts Spotify Stitcher Arturo Neto, CFA has seen this movie before. He graduated business school just as the dot-com bubble was starting to deflate. “When I graduated from Darden (the University of Virginia’s business school), many of us had our…
Short-term uncertainty can many times create buying opportunities for long-term investors. Lam Research (LRCX) is facing industry headwinds because of declining demand for wafer fabrication equipment in the coming months. However, the company is strong enough to successfully navigate through a challenging environment and the industry should offer plenty of opportunities for growth in the…
Data Source: Bloomberg 2018 Year-End Market Commentary and 2019 Outlook – Vigilante No More Source: istockphoto.com Note to readers: We have sectioned the 2018 Year-End Market Commentary and 2019 Outlook accordingly: 1. Big picture outlook and key issues heading into 2019 2. Summary 2018 year-in-review 3. Final thoughts and our base case estimate of the…
In the “Fed Pulls the Punchbowl” part 1, I discussed some of the liquidity shifts we’ve seen in the credit markets over the last year or so. Since then, we’ve seen the market fall 3,000 points from ~24,500 to ~21,500 only to bounce back in the middle of this zone with the 1,000 point up…
As we enter the last month of the year, the holiday season is kicking into full gear, decorations are popping up everywhere, and the burning question arises, “Will Santa Claus bring gifts for stock market investors, or will he leave a lump of coal in their stockings?” It was a bumpy sleigh ride last month,…
GNC (GNC) is set to establish a joint venture with Harbin Pharmaceuticals early in the coming year (pending closing of the final preferred stock transaction) which will replace the company’s current business in China. The joint venture will impact the company’s financial results in various ways, not the least of which will be reduced near…
