The broader market’s powerful “V” recovery off its mid-October lows recouped all of last month’s losses and then some, with the S&P 500 hitting new all-time highs this week. But not all sectors have kept pace, and it is in these underperforming areas where traders should look for rebound candidates… Read More

Fears that the Federal Reserve’s quantitative easing program would decimate the U.S. dollar have proven unfounded. Despite all the so-called money printing, the greenback is at a four-and-a-half-year high versus a basket of currencies.  The run in the dollar may have exhausted itself though, as we saw key reversals in… Read More

Fears that the Federal Reserve’s quantitative easing program would decimate the U.S. dollar have proven unfounded. Despite all the so-called money printing, the greenback is at a four-and-a-half-year high versus a basket of currencies.  The run in the dollar may have exhausted itself though, as we saw key reversals in… Read More

“At the corner of happy and healthy,” it seems the leading U.S. drug store chains have gone their separate ways. While their products and services may be similar, their stock price action is another story. The operator of the nation’s second largest pharmacy chain, CVS Health Corporation (NYSE:… Read More

“At the corner of happy and healthy,” it seems the leading U.S. drug store chains have gone their separate ways. While their products and services may be similar, their stock price action is another story. The operator of the nation’s second largest pharmacy chain, CVS Health Corporation (NYSE:… Read More

Contagion is not only a concern from a global health standpoint, but from a financial one as well. Economic weakness in the euro zone and Russia’s muscle flexing have taken their toll on Europe’s strongest economy, Germany. Its government just reduced its 2014 growth forecast to 1.3% from 1.5%. Global… Read More

Energy prices have plummeted across the board in recent months. West Texas Intermediate (WTI) crude has fallen to its lowest level since June 2012, while natural gas is trading near 11-month lows.  Coal has been especially hard hit over the past few years thanks to the increasing supply of cheap… Read More

The blue-chip Dow industrials were hit hard by the emotional selling that rocked the market in the past month. From its all-time high on Sept. 19 to its Oct. 15 low, the index gave up almost 1,500 points. It regained about half of those losses in less than a week,… Read More

Precious metals hit new multiyear lows early this month, when a better-than-expected employment report pushed stocks higher. But a bottom looks to be in place, as SPDR Gold Shares (NYSE: GLD) rallied nearly 4% since its Oct. 3 low. At these discounted levels, I think silver looks like an even… Read More

The Dow Jones Industrial Average staged an impressive rally Wednesday, but the blue-chip index has lagged the other major indices so far in 2014. Its 2.5% year-to-date gain pales in comparison to the S&P 500’s 6.5% return and the Nasdaq’s 7%. And more than one-third of the Dow 30 components… Read More

In case we had forgotten it is the banks’ job to make money, they are hiking ATM and checking account fees to record levels to generate additional revenue. In fact, if you use an out-of-network ATM, your average fee will be $4.35 per transaction, a 5% increase over the past… Read More

Do you remember when the doomsayers were calling for a financial meltdown in China? Turns out fears of a banking system collapse and economic slowdown were greatly exaggerated. But traders are right to pay close attention to what goes on in China, as it is an important barometer of global… Read More