Markets

Wall Street hasn’t been this bullish towards stocks in over 6 years

After ripping higher last year, US stocks continued that form in the first session of 2018. The Nasdaq Composite and S&P 500 both closed at record highs, adding 1.5% and 0.83% respectively. This chart may help to explain why – Wall Street analysts haven’t been this bullish towards stocks in […]
Wall Street hasn’t been this bullish towards stocks in over 6 years
Markets

Here’s a sign oil prices could be close to the top

Late last year, just over a month before prices bottomed out, we noted investors had reached peak pessimism when it came to the outlook for the crude oil price. There was nothing scientific, fundamental or technical about the view; it was formed by the deluge of bearish research notes arriving […]
Here’s a sign oil prices could be close to the top
Markets

UH-OH: Barron’s Latest Cover Looks Bullish

[credit provider=”Barrons” url=”http://online.barrons.com/this_week?mod=BOL_Nav_MAG_other”] The covers of widely circulated newspapers and business news publications are famously known for being contrarian indicators of what will actually happen in the economy and financial markets.  The most notorious case of this was BusinessWeek’s 1971 cover story “The Death of Equities.”  More recently, the Financial […]
UH-OH: Barron’s Latest Cover Looks Bullish
Markets

DAMODARAN: Four Strategies For Contrarian Investors

[credit provider=”Bloomberg” url=”http://www.businessweek.com/videos/2012-04-17/new-investors-spur-apple-stock-sale-damodaran-says”] Aswath Damodaran has an interesting blog post up on contrarian investing, and how investors can intelligently evaluate such opportunities.Damodaran divides contrarian strategies into four broad categories:
DAMODARAN: Four Strategies For Contrarian Investors