Issues
Last week was a decisive week, in our view. Not only did the major indexes score solid gains, but many individual leading stocks put on a good show, telling us the bulls are finally joining the party. Of course, with the meat of earnings season still coming up, there are bound to be ups and downs in the weeks ahead. But we’re growing more confident that the bear phase from October of last year through March of this year—punctuated by the collapse of Bear Stearns—is coming to an end. This week’s Top Ten is once again heavy in the commodity areas, which are leading the market higher. We do believe traditional growth stocks will appear if this market is going to run, but for now, the buying is clearly in metals, steels, oil and gas. Our favorite of the week may be a surprise. It’s U.S. Steel (X), a big, old firm, but one that might be best positioned to take advantage of higher steel prices in the months ahead. Try to buy on weakness.
| Stock Name | Price | ||
|---|---|---|---|
| AGU (AGU) | 0.00 | ||
| BUCY (BUCY) | 0.00 | ||
| EAC (EAC) | 0.00 | ||
| HP (HP) | 0.00 | ||
| MEE (MEE) | 0.00 | ||
| MMR (MMR) | 0.00 | ||
| PXD (PXD) | 0.00 | ||
| SOHU (SOHU) | 0.00 | ||
| WFT (WFT) | 0.00 | ||
| X (X) | 0.00 |
The market’s action of two weeks ago gave evidence that the bulls were taking control…but last week’s volatility tells us the bears still have plenty of tricks up their sleeves. All told, this remains a tough market, so your best move is to keep some of your powder dry while focusing on specific stocks and sectors that are in their own, private bull markets. That means focusing on commodities, especially oil, as well as a few emerging growth-oriented leaders. Just remember that earnings season is beginning, so you should have a game plan in place on how you want to handle your stocks before they report. This week’s Top Ten is similar in structure to many of the past few weeks, but contains a couple of new names to consider. Our favorite of the week is Mechel (MTL), a company that has its hands in all the right cookie jars—steel, iron ore and coal. The stock powered ahead on big volume last week, and we think you can take a position now.
| Stock Name | Price | ||
|---|---|---|---|
| MTL (MTL) | 0.00 | ||
| NFLX (NFLX) | 0.00 | ||
| POT (POT) | 0.00 | ||
| XCO (XCO) | 0.00 | ||
| APA (APA) | 0.00 | ||
| CLR (CLR) | 0.00 | ||
| CSIQ (CSIQ) | 0.00 | ||
| FDG (FDG) | 0.00 | ||
| KEX (KEX) | 0.00 | ||
| MTH (MTH) | 0.00 |
Last week has the potential to be a landscape-changing week for the market, as the major indexes performed well and, more importantly, leadership quality stocks displayed bullish action. That’s the main reason our Market Monitor above is tilted toward the bulls. Of course, it’s just one week, and nobody who studies the market can declare with certainty that the bear market is over. But it’s all about progress, and last week was a big step in the right direction. This week’s Top Ten remains heavy in energy and commodity stocks, but OptiMo (our screening system) turned up many more candidates than in weeks past; should the market continue higher, we expect many of the leaders to be featured right here in the weeks to come. Our favorite of the bunch is Exco Resources (XCO), a little known energy firm that’s showing tremendous accumulation as prices escalate. Try to buy on weakness.
| Stock Name | Price | ||
|---|---|---|---|
| FSLR (FSLR) | 0.00 | ||
| FST (FST) | 0.00 | ||
| LUK (LUK) | 0.00 | ||
| MEE (MEE) | 0.00 | ||
| MMR (MMR) | 0.00 | ||
| MOS (MOS) | 0.00 | ||
| RYL (RYL) | 0.00 | ||
| SCHN (SCHN) | 0.00 | ||
| XCO (XCO) | 0.00 | ||
| XEC (XEC) | 0.00 |
Overall, we continue to see many signs that the market is transitioning from a bear phase to a bullish phase—sentiment is horrid, stocks have refused to break down on the worst of news (i.e., Bear Stearns) and the indexes have held above support for many weeks. However, when it comes to buying individual stocks, there are few options—steel and some oil stocks remain in favor, but for every stock that pops its head up, there seems to be another that gets slapped down. Bottom line, it’s still not a time for aggressive buying, but picking up a few shares of potential leaders during pullbacks can still work out. Just don’t go overboard! This week’s Top Ten is commodity-heavy, with a few growth-oriented names sprinkled in. Our favorite of the week is Comstock Resources (CRK), which staged a good-looking breakout last week. We think you can pick up a few shares on weakness.
| Stock Name | Price | ||
|---|---|---|---|
| CLF (CLF) | 0.00 | ||
| CLR (CLR) | 0.00 | ||
| CRK (CRK) | 0.00 | ||
| ILMN (ILMN) | 0.00 | ||
| MT (MT) | 0.00 | ||
| OI (OI) | 0.00 | ||
| PQ (PQ) | 0.00 | ||
| RIMM (RIMM) | 0.00 | ||
| STLD (STLD) | 0.00 | ||
| TNE (TNE) | 0.00 |
Last week we opined that the headlines filled with bad news about Bear Stearns had the potential to mark a major low in the market’s bear phase. And this week, we’re more optimistic that’s the case – hence the Market Monitor above, which has shifted to neutral. Of course, the market is always a challenge, and last week brought rotation out of many commodity stocks, and into some other groups, such as financials and retail. In our view, the commodity stocks are a mixed bag (some are still fine, others, not so much), but the overall market action is encouraging, so you should be looking to put some—but not all—of your sidelined cash to work. This week’s list contains a mix of growth stocks, turnaround stories and some familiar faces; a few have broken out of good-looking basing patterns over the past few days. Our favorite of the week is Kirby (KEX), a shipping company that has staged an extremely powerful breakout in recent days, thanks to a great earnings report.
| Stock Name | Price | ||
|---|---|---|---|
| OFG (OFG) | 0.00 | ||
| PRGO (PRGO) | 0.00 | ||
| TUP (TUP) | 0.00 | ||
| URBN (URBN) | 0.00 | ||
| XEC (XEC) | 0.00 | ||
| CSX (CSX) | 0.00 | ||
| HCBK (HCBK) | 0.00 | ||
| JOE (JOE) | 0.00 | ||
| KEX (KEX) | 0.00 | ||
| MA (MA) | 0.00 |
We’ve studied the characteristics of bull and bear markets going back decades, and we know that bear phases often end with big selloffs caused by scary, headline-grabbing news. The Bear Stearns debacle certainly qualifies, and this financial panic could result in a sustainable low. So if you have a huge cash position (60% or more of your account), buying a few shares here or there could work out well. Just be sure to stick with what’s working–namely oil and natural gas stocks, as well as some steel names that are acting better–and remember to cut all losses short. Overall, you should stay in a mainly defensive posture until we see real signs of improvement. Our favorite stock this week is Steel Dynamics (STLD). The company raised its earnings guidance last week and the sector as a whole seems to be gaining sponsorship. We think you can buy a little on weakness.
| Stock Name | Price | ||
|---|---|---|---|
| DVN (DVN) | 0.00 | ||
| EAC (EAC) | 0.00 | ||
| HLF (HLF) | 0.00 | ||
| NFLX (NFLX) | 0.00 | ||
| NUE (NUE) | 0.00 | ||
| SLW (SLW) | 0.00 | ||
| STLD (STLD) | 0.00 | ||
| SWC (SWC) | 0.00 | ||
| SWN (SWN) | 0.00 | ||
| WDC (WDC) | 0.00 |
The sellers have dug in their heels during the past two weeks, and with the major indexes near their late-January lows, our Market Monitor above has moved back into bear territory. Growth stocks are still a mess, as they have been for weeks, and even some commodity stocks are now taking it on the chin. Still, the overall inflation theme is intact, and we believe putting a little money to work in the leading sectors (gold, oil, natural gas, coal) during this pullback could work out well. Just be sure not to go overboard; keep plenty of cash on the sideline until a real bull market begins, and keep commitments relatively small. This week’s Top Ten contains some familiar names, but also a couple of newer ones that have good potential. Our favorite of the week is Arch Coal (ACI), a well-positioned coal firm that’s pulled back to its 50-day line in recent days. Usually, the first 50-day test after a powerful breakout (like coal stocks have experienced) is successful, so you could buy a little right around here, and keep a stop in the low 40s.
| Stock Name | Price | ||
|---|---|---|---|
| ACI (ACI) | 0.00 | ||
| APA (APA) | 0.00 | ||
| AUY (AUY) | 0.00 | ||
| BUCY (BUCY) | 0.00 | ||
| EAC (EAC) | 0.00 | ||
| LKQX (LKQX) | 0.00 | ||
| MMR (MMR) | 0.00 | ||
| PGI (PGI) | 0.00 | ||
| SLW (SLW) | 0.00 | ||
| WMS (WMS) | 0.00 |
The market was just beginning to turn the corner last week before sellers re-appeared Thursday and especially Friday, driving the major indexes back toward their January lows. Thus, from a top-down perspective, you should respect the bears, which is why our Market Monitor above is again tilted toward the bearish side. On a sector-by-sector basis, however, many stocks are working – mainly oil, gas and gold, though coal stocks are also a bastion of accumulation these days. Right now, these inflation-related plays are just about the only game in town; how long it lasts, nobody knows, but that’s where you should focus your attention, if anywhere. This week’s Top Ten is once again heavy in these strong areas, with our favorite of the week being Goldcorp (GG), which has staged a good-looking breakout on healthy volume. You could buy a little on any weakness, while placing a relatively tight stop under 39, leaving a good risk-reward ratio.
| Stock Name | Price | ||
|---|---|---|---|
| CLF (CLF) | 0.00 | ||
| COG (COG) | 0.00 | ||
| CTRP (CTRP) | 0.00 | ||
| EOG (EOG) | 0.00 | ||
| FCN (FCN) | 0.00 | ||
| GFA (GFA) | 0.00 | ||
| GG (GG) | 0.00 | ||
| NFLX (NFLX) | 0.00 | ||
| PAAS (PAAS) | 0.00 | ||
| XEC (XEC) | 0.00 |
The market was volatile last week, and we are starting to see signs that the bears are sold out – volume has been unusually light, a few more growth-oriented stocks are acting well, and the major indexes have refused to fall to seriously test their late-January lows. Of course, the buyers aren’t exactly taking control, but the last few weeks of action are enough to warrant a slightly positive shift in our market monitor above. What does that mean for you? If you’ve been sitting on the sidelines the past few weeks, take a couple of small positions in some strong, potentially-leading stocks. If the market improves, you can then put more money to work. This week’s Top Ten has more than a few candidates to choose from; most are from the commodity areas, but three are in the growth camp. Our favorite of the week is Western Digital (WDC), an old company that’s benefitting from a boom in hard drive demand for newer electronic devices. The stock is showing exceptional power and volume; we think it’s worth a nibble around here.
| Stock Name | Price | ||
|---|---|---|---|
| RRC (RRC) | 0.00 | ||
| WDC (WDC) | 0.00 | ||
| WLT (WLT) | 0.00 | ||
| XEC (XEC) | 0.00 | ||
| AUY (AUY) | 0.00 | ||
| CENX (CENX) | 0.00 | ||
| CMP (CMP) | 0.00 | ||
| CPHD (CPHD) | 0.00 | ||
| CREE (CREE) | 0.00 | ||
| DVN (DVN) | 0.00 |
The market as a whole is now eighteen trading days into a consolidation process, as the major indexes hold above their January 22 lows. However, we still haven’t seen enough strength to conclude the trends have turned up, and that’s why our market monitor above remains tilted into the bearish camp. However, among individual stocks, there are a few (not a ton, but a few) emerging signs of strength. Some growth stocks are acting better, but if this market gets going to the upside, the real leadership is likely to be found in commodity and inflation-related stocks – gold, silver, steel, coal, oil, natural gas and the like. So that’s where your focus should be. This week’s Top Ten contains many familiar names, including six commodity-type stocks. Our favorite is Cleveland-Cliffs (CLF), a maker of iron ore pellets. You could buy a little here, but be aware that earnings are due out Thursday night, which will cause volatility.
| Stock Name | Price | ||
|---|---|---|---|
| CALM (CALM) | 0.00 | ||
| CLF (CLF) | 0.00 | ||
| CMED (CMED) | 0.00 | ||
| CMO (CMO) | 0.00 | ||
| COG (COG) | 0.00 | ||
| FDG (FDG) | 0.00 | ||
| ILMN (ILMN) | 0.00 | ||
| KGC (KGC) | 0.00 | ||
| MTL (MTL) | 0.00 | ||
| WMS (WMS) | 0.00 |
The market had another rough go of it last week, as the major indexes finished down more than 4%, though they remain safely above their late-January lows. Overall, the trends of the market and most stocks remain firmly down, and thus the market monitor above remains on the bearish side – and that means you should continue to play defense and buy only small amounts. On a positive note, OptiMo (our stock screening system) is uncovering more stocks meeting with buying pressures – this week’s list contains a few more good stories, and we’re beginning to see signs of group leadership. Gold, coal, metals and now energy stocks (especially energy producers) are sporting more than a few strong stocks, as big investors bet on continued commodity inflation. Our favorite this week is Range Resources (RRC), a mid-sized natural gas explorer that’s hitting new highs. Try to buy on weakness.
| Stock Name | Price | ||
|---|---|---|---|
| ACI (ACI) | 0.00 | ||
| BVN (BVN) | 0.00 | ||
| CLF (CLF) | 0.00 | ||
| CMO (CMO) | 0.00 | ||
| KGC (KGC) | 0.00 | ||
| OI (OI) | 0.00 | ||
| PRGO (PRGO) | 0.00 | ||
| RRC (RRC) | 0.00 | ||
| SWN (SWN) | 0.00 | ||
| URBN (URBN) | 0.00 |
The market put in a solid show last week, with the indexes finally getting off their knees. However, as you can see from our new market monitor above, the field is still tilted toward the bears – eight days of rallying doesn’t undo the 15% to 20% decline seen from mid-December to mid-January. If a new bull market is starting, there will be plenty of time and opportunities, but for now, you should stay defensive, holding cash, and buying only small amounts of certain stocks. OptiMo’s pickings remain somewhat slim, as much of the market’s recent strength has come from the most beaten-down sectors (financials, homebuilders, transports), which aren’t high-odds setups. But we believe there are some emerging leaders in today’s Top Ten, led byInteractive Brokers (IBKR), a newly-public market maker and brokerage firm for professional investors. Its business depends on the market’s action; if a new bull market unfolds, it should drive earnings and the stock much higher.
| Stock Name | Price | ||
|---|---|---|---|
| ACI (ACI) | 0.00 | ||
| ACOR (ACOR) | 0.00 | ||
| CALM (CALM) | 0.00 | ||
| IBKR (IBKR) | 0.00 | ||
| NITE (NITE) | 0.00 | ||
| OI (OI) | 0.00 | ||
| RATE (RATE) | 0.00 | ||
| SID (SID) | 0.00 | ||
| TNE (TNE) | 0.00 | ||
| WMS (WMS) | 0.00 |
Updates
Has there ever been anything as overvalued as SpaceX (SPCX)?
Elon Musk’s rocket and space-based internet company reported $18.7 billion in revenue in 2025. That’s less than half the revenue declining electronics store chain Best Buy (BBY, $41.7 billion) generated last year, less than International Paper Company (IP, $23.6 billion), and barely more than Casey’s General Stores (CASY, $17.6 billion). Those three companies have a combined market cap of roughly $67 billion. As of this writing, SpaceX has a market cap of $2.7 trillion. That’s more than the combined market cap of Walmart (WMT), JPMorgan (JPM) and Visa (V). Together, those three companies generated $847 billion in revenue last year.
Elon Musk’s rocket and space-based internet company reported $18.7 billion in revenue in 2025. That’s less than half the revenue declining electronics store chain Best Buy (BBY, $41.7 billion) generated last year, less than International Paper Company (IP, $23.6 billion), and barely more than Casey’s General Stores (CASY, $17.6 billion). Those three companies have a combined market cap of roughly $67 billion. As of this writing, SpaceX has a market cap of $2.7 trillion. That’s more than the combined market cap of Walmart (WMT), JPMorgan (JPM) and Visa (V). Together, those three companies generated $847 billion in revenue last year.
Small caps continue to hold up well. The S&P 600 Small Cap Index is up modestly since last Thursday and is trading just below the fresh all-time highs it hit earlier this week. The group’s resilience stands out, especially against a backdrop of narrowing leadership and ongoing rotation beneath the market’s surface.
The main macro development this week was the Fed’s June meeting and Chair Kevin Warsh’s press conference, which confirmed a shift in policy direction.
The main macro development this week was the Fed’s June meeting and Chair Kevin Warsh’s press conference, which confirmed a shift in policy direction.
WHAT TO DO NOW: The market’s bounce has been a good one, and the intermediate-term outlook remains bright. That said, near term, there are still some crosscurrents (rotation into the broad market, Dow outperforming the Nasdaq) that tell us growth stocks could throw us another curveball in the coming week or two. Overall, then, we’re mostly standing pat, but we’re going to add a half-sized stake in Guardant Health (GH) here, leaving us with a still-good-sized cash position of 37% or so. Details below.
Stocks started this week with a huge rally as the Iran ceasefire deal appears to be the real thing.
Of course, it’s been months of supposed peace deals falling apart. It’s hard to believe. I’m sure that fact is holding the market back somewhat. But this one is different for a couple of reasons.
Of course, it’s been months of supposed peace deals falling apart. It’s hard to believe. I’m sure that fact is holding the market back somewhat. But this one is different for a couple of reasons.
Stocks are starting off this week with a huge rally as the U.S. and Iran have reached a ceasefire deal.
We’ve been here before. These peace deals have fallen apart several times. I’m sure that fact is holding the market back somewhat. But this one is different for a couple of reasons. First, it’s the furthest a peace deal has gotten with both sides agreeing and independent verification from Pakistan. Second, this is what a peace deal would look like at this point if it’s real and lasting.
We’ve been here before. These peace deals have fallen apart several times. I’m sure that fact is holding the market back somewhat. But this one is different for a couple of reasons. First, it’s the furthest a peace deal has gotten with both sides agreeing and independent verification from Pakistan. Second, this is what a peace deal would look like at this point if it’s real and lasting.
[Note: The Cabot Turnaround Letter weekly update won’t be published next Friday, June 19, due to the market being closed for the Juneteenth holiday.]
Before we get into the main topic for today’s newsletter update, a quick note on the portfolio is in order. I’m continuing our “spring cleaning” effort that we began last week by trimming a couple more of our holdings, but I’m also adding a new position to take the place of the recent deletions.
Before we get into the main topic for today’s newsletter update, a quick note on the portfolio is in order. I’m continuing our “spring cleaning” effort that we began last week by trimming a couple more of our holdings, but I’m also adding a new position to take the place of the recent deletions.
After two near-record-setting months, stocks are encountering their first real turbulence since March. It’s no surprise.
While stocks go up an average of 10% a year, they rarely do so in a straight line. And after the S&P 500 rallied nearly 20% in April and May and the Nasdaq shot up nearly 30%, a pullback of some kind – or possibly even a true correction – was to be expected. It seems it’s happening all at once.
While stocks go up an average of 10% a year, they rarely do so in a straight line. And after the S&P 500 rallied nearly 20% in April and May and the Nasdaq shot up nearly 30%, a pullback of some kind – or possibly even a true correction – was to be expected. It seems it’s happening all at once.
Stocks look set to enter the summer near all-time highs, but leadership has narrowed, volatility has ticked up, and there’s been renewed scrutiny on the AI trade and valuation concerns in some of the market’s biggest winners.
At the same time, the macro backdrop remains a mix of resilience and intermittent turbulence. While economic data continues to hold up, energy prices remain elevated due to the ongoing Iran conflict – which has no end in sight – keeping upward pressure on inflation and yields.
At the same time, the macro backdrop remains a mix of resilience and intermittent turbulence. While economic data continues to hold up, energy prices remain elevated due to the ongoing Iran conflict – which has no end in sight – keeping upward pressure on inflation and yields.
Tech, commodity, AI, and Explorer stocks struggled this week as concern over capital expenditures increased. Mideast tensions intensified and inflation numbers came in yesterday at their highest rate in over three years, fueled by rising energy costs. The combination of anticipated higher interest rates and rising bond yields impacted the price of precious metals, with gold sliding below $4,200 an ounce and silver falling below $64 an ounce.
Stocks look to enter summer near all-time highs, but leadership has narrowed and volatility has ticked up thanks to renewed scrutiny on the AI trade and open-ended questions about valuations in some of the hottest areas of the market.
There’s also been more focus on the evolving macro landscape, which features a resilient U.S. economy but stubbornly high energy prices due to the ongoing Iran conflict, and somewhat elevated yields. We’re now looking at a higher likelihood of a Fed rate hike, with the odds of a hike by December now well over 50%.
There’s also been more focus on the evolving macro landscape, which features a resilient U.S. economy but stubbornly high energy prices due to the ongoing Iran conflict, and somewhat elevated yields. We’re now looking at a higher likelihood of a Fed rate hike, with the odds of a hike by December now well over 50%.
The high-flying AI stocks got crushed on Friday. But those stocks started this week higher. Where do we go from here?
The technology-heavy Nasdaq index fell 4% on Friday, and the S&P 500 fell for the week for the first time in 10 weeks. A couple of things spooked investors. The AI trade turned sour after Broadcom (AVGO) reported earnings that included slightly lower revenue projections for its AI chips than were expected. Also, a blowout jobs report strengthened the case for a Fed rate hike by the end of the year.
The technology-heavy Nasdaq index fell 4% on Friday, and the S&P 500 fell for the week for the first time in 10 weeks. A couple of things spooked investors. The AI trade turned sour after Broadcom (AVGO) reported earnings that included slightly lower revenue projections for its AI chips than were expected. Also, a blowout jobs report strengthened the case for a Fed rate hike by the end of the year.
A major economic narrative that took shape in recent years was the decline and (presumptive) inevitable death of the so-called “petrodollar,” as a growing number of countries diversified their foreign exchange reserves away from the U.S. dollar and toward gold and alternative currencies like the Chinese yuan.
Alerts
This oil company was lauded by Michael Liss, portfolio manager for the American Century Value Fund (TWVLX), for its “strong balance sheet and revamped portfolio”, saying “the company’s smart moves during the downturn have set it up for a fantastic run to the upside.” Imperial Capital just initiated coverage with...
This hi-tech company’s shares are being driven higher, and Zack’s Investment Research rates it a “strong buy”. Our second recommendation is a sale of a financial business, based on weakened technical criteria.
Buy: NeoPhotonics Corporation (NPTN)
from The Oberweis Report
NeoPhotonics Corporation (NPTN) develops, manufactures and sells optoelectronic products that transmit, receive and...
Buy: NeoPhotonics Corporation (NPTN)
from The Oberweis Report
NeoPhotonics Corporation (NPTN) develops, manufactures and sells optoelectronic products that transmit, receive and...
Sell: Consumer Portfolio Services, Inc. (CPSS)
from The Oberweis Report
Updated from Investment Digest 726, September 5, 2012
Consumer Portfolio Services, Inc. (CPSS) is being deleted due to weak relative strength and to make room for new ideas.
Jim Oberweis, CFA, The Oberweis Report, www.oberweisreport.com, 800-323-6166, June 2015...
from The Oberweis Report
Updated from Investment Digest 726, September 5, 2012
Consumer Portfolio Services, Inc. (CPSS) is being deleted due to weak relative strength and to make room for new ideas.
Jim Oberweis, CFA, The Oberweis Report, www.oberweisreport.com, 800-323-6166, June 2015...
JP Morgan just began coverage of this oil drilling company with an “overweight” rating.
Rowan Drilling (RDC)
from PAD System Report
While we look forward to the day when humanity is released from its dependence on fossil fuels, that day is not yet here. The world will still be using lots of oil...
Rowan Drilling (RDC)
from PAD System Report
While we look forward to the day when humanity is released from its dependence on fossil fuels, that day is not yet here. The world will still be using lots of oil...
After reporting a first quarter loss, this building products company looks ready for a double-digit turnaround.
Ply Gem Holdings (PGEM)
from The Turnaround Letter
Ply Gem Holdings (PGEM) was formed in 2004 in a leveraged buyout of the window, door and siding division of Nortek. Having gotten back on its feet after barely...
Ply Gem Holdings (PGEM)
from The Turnaround Letter
Ply Gem Holdings (PGEM) was formed in 2004 in a leveraged buyout of the window, door and siding division of Nortek. Having gotten back on its feet after barely...
Recent sales by an insider have created a discounted buying opportunity in this bond insurer.
MBIA Inc. (MBI)
from The Buyback Letter
MBIA Inc. (MBI), headquartered in Purchase, N.Y, is a bond insurer which insures municipal debt, providing credit protection and markets access. Municipal Bond Insurance Association (MBIA) formed in 1973 by four...
MBIA Inc. (MBI)
from The Buyback Letter
MBIA Inc. (MBI), headquartered in Purchase, N.Y, is a bond insurer which insures municipal debt, providing credit protection and markets access. Municipal Bond Insurance Association (MBIA) formed in 1973 by four...
The top five holdings of this gold ETF are: Goldcorp Inc (GG.TO, 6.86% of assets), Barrick Gold Corporation (ABX.TO, 6.56%), Newmont Mining Corporation (NEM, 6.46%), Newcrest Mining Ltd (NCMGF.AX, 5.27%), and Agnico Eagle Mines Limited (AEM.TO, 5.23%).
Market Vectors ETF Trust - Market Vectors Gold Miners ETF (GDX)
from Stock Trader’s Almanac
June...
Market Vectors ETF Trust - Market Vectors Gold Miners ETF (GDX)
from Stock Trader’s Almanac
June...
This biotech has pulled back a little, offering a lower entry point. New drugs and takeover possibilities create an opportunity to participate in a growing, albeit, volatile opportunity.
Clovis Oncology (CLVS)
from Cabot Top Ten Trader
Wall Street has been eagerly anticipating Clovis Oncology’s (CLVS) latest clinical trial results, and this weekend at...
Clovis Oncology (CLVS)
from Cabot Top Ten Trader
Wall Street has been eagerly anticipating Clovis Oncology’s (CLVS) latest clinical trial results, and this weekend at...
This four-star Morningstar-rated fund’s top three sectors are consumer cyclical (27.66% of assets), technology (19.35%) and financial services (13.30%).
Fidelity Low-Priced Stock fund (FLPSX)
from The Complete Investor
Fidelity Low-Priced Stock fund (FLPSX) is a onetime mid-blend fund recently reclassified as a mid-cap value fund. It offers an excellent way to invest in...
Fidelity Low-Priced Stock fund (FLPSX)
from The Complete Investor
Fidelity Low-Priced Stock fund (FLPSX) is a onetime mid-blend fund recently reclassified as a mid-cap value fund. It offers an excellent way to invest in...
This investment bank beat analyst estimates by $0.06 last quarter, posting EPS of $0.20 per share. With interest rate rises on the horizon, now might be a good time to enter the shares at this discounted price.
Cowen Group Inc. (COWN)
from Top Stocks under $10
As an interest-rate hike appears to be...
Cowen Group Inc. (COWN)
from Top Stocks under $10
As an interest-rate hike appears to be...
The shares of both of these large companies look attractive, technically-speaking.
Visa Inc. (V) and Edward Lifesciences (EW)
from Shortex Market Letter
Visa Inc (V)
TODAY’S 52wk H. 70.69 52wk L. 48.80
Mkt Cap: $169.72B, EPS 2.26, P/E: 30.20
DIV/YLD: 0.48(0.70%)
Visa Inc. (V) is the global operator of retail electronic payments network. The credit card issuer,...
Visa Inc. (V) and Edward Lifesciences (EW)
from Shortex Market Letter
Visa Inc (V)
TODAY’S 52wk H. 70.69 52wk L. 48.80
Mkt Cap: $169.72B, EPS 2.26, P/E: 30.20
DIV/YLD: 0.48(0.70%)
Visa Inc. (V) is the global operator of retail electronic payments network. The credit card issuer,...
This consulting firm is growing revenues at a double-digit pace, in spite of the energy slowdown.
Stantec Inc. (STN)
from The Internet Wealth Builder
Stantec Inc. (STN) reported first-quarter earnings on May 13. Revenues per share were up 23% while earnings per share were up 13%. After adding back amortization of intangibles, I...
Stantec Inc. (STN)
from The Internet Wealth Builder
Stantec Inc. (STN) reported first-quarter earnings on May 13. Revenues per share were up 23% while earnings per share were up 13%. After adding back amortization of intangibles, I...
Portfolios
Strategy
A few Cabot Options Trader subscribers have asked me about ways to protect gains in their portfolios, so I thought I would write to everyone with a couple of strategies using options to hedge your portfolio.
A subscriber recently asked me if I keep a journal of my trades. Many traders keep journals so they can look back at their trades and evaluate what they did right and what they did wrong.
Want to know how the big institutional investors use options? Here is an example of how one trader spent $132 million on three technology stocks.
Options trading has its own vernacular. To know how to do it, you need to know what every options term means. Here are some of the basics.
Our Cabot Top Ten Trader’s market timing system consists of two parts—one based on the action of three select, growth-oriented market indexes, and the other based on the action of the fast-moving stocks Cabot Top Ten features.