Charlie Campbell, building materials and housebuilders analyst at Liberum, says the cooling in U.K. house prices is supportive of real estate stocks.» Read More
So, how did Vitaliy become a weekly winner, you ask? Well, he started the week with a portfolio value of $1,605,717.10 as of the close on Friday, April 13th, and ended the week on Friday, April 20th with a portfolio value of $3,107,399.87 making him 93.52% for the week.
Hey everyone, guest blogger Jeff Mishlove is here with his picks for this last day of the trading week. We'll get right to his thoughts: Wednesday’s picks illustrated the principle (I’ve often emphasized on CNBC’s “How to Win” program) that the short-squeeze strategy is productive of large moves in both directions. Of course, I am not privy to inside information, so if the earnings report is below expectations, we can see a large downward move..
Here's the latest on what you're doing with stocks for the contest--and what they're doing to you!! It's pretty much dominated by earnings news, both good (LLTC) and bad (YHOO, ESLR). The most active and widely held lists remain the same. And a stock we took a closer look at yesterday, Seagate, had an impact on another stock--and not for the best. Here's the breakdown...
Spanish building firm Sacyr Vallehermoso unveiled plans to launch a takeover bid for French construction group Eiffage on Thursday, upping the stakes in an increasingly bitter Franco-Spanish stand-off.
Guest blogger Jeff Mishlove is back with his contest picks for today. Let's get right to them. Here's Jeff: Monday’s closing prices revealed that all of my recommendations for purchase on Friday were quite profitable for a single day, although none of them were at the exhilarating level one would like to see to become a weekly winner. The chart below, taken from my blog of last Thursday, April 12, tells the story:
A surge in gasoline costs helped drive overall U.S. consumer prices up at the sharpest rate in nearly a year during March, though so-called core prices that exclude food and energy items rose at a muted pace, the Labor Department said. In a separate report, housing starts rose unexpectedly in March.
A bid by Mexico's Cemex for Rinker Group was likely to succeed, analysts said on Wednesday, paving the way for the largest cash takeover of an Australian company.
Shares in German sportswear maker Puma rose after French luxury-to-retail giant PPR (up 2.61%) made a 5.3 billion euro ($7.1 billion) takeover bid for the company.
Okay, here's a look at the stocks making the most waves from last Thursday to Monday's close. There are the usual suspects in the most actives and most widely held. But new names are showing up in the best and worst performing. Earnings boosted one stock, WDFC and helped put James Kraber into second place on the leaderboard, as we mentioned in our first post today.
Mexico's Cemex, the world's No. 3 cement maker, said on Monday it had raised its bid for Australian rival Rinker to $15.85 a share, and Rinker has accepted the offer.
Gold may glitter, but base metals often are also indicators of global economic health. Two analysts who joined "Power Lunch" agree that the commodities -- used in construction, electronics, healthcare and manufacturing -- are due for a correction. But the downturn may not be as general -- or as soon -- as some investors fear. Matthew Parry, economist at Moody's Economy.com, is only "mildly bearish" on metals as a whole.
At KB Home's annual meeting on Friday, the preliminary tally showed shareholders approved two proposals management had opposed. This is unusual as shareholder proposals rarely receive a majority of votes.
You might call Dr. Ari Kiev, head doctor to the traders. He's a psychiatrist and regular guest on "How To Win." On the show last Friday, the good doctor said people are more than likely under estimating their ability when it comes to winning the contest. He even managed to throw in a quote from Nelson Mandela to prove his point!
Guest blogger Jeff Mishlove is back--with more insights for you contest players. He's called this piece, "Surf the Waves and Buy the Dips." Here it is: You don’t have to live in California or Hawaii to surf the stock market. And, you can buy the dips without worrying about consuming too many calories or grams of fat. In fact, during the heyday of the 1990’s internet bubble, the rallying cry was “buy every dip!”
Hi folks. Here a look at the latest stock performance. Quick turnarounds seem to be paying off for several stocks, but obviously, not all. Downgrades and business news (see Beazer Homes below) certainly affect what's happening. Note the "replacements" at the S&P in the first paragraph. Okay, here are the stats with some notes on why the stocks are where they are.
Researchers from Thomson Financial and Zacks Investment Research agree: earnings growth for 2007 will probably be -- OK. They joined "Closing Bell" to weigh in on the lukewarm year ahead -- and where investors might still find those double-digit treasures.
Aditya Mittal thinks the global economy is strong as, well, steel. He's the chief financial officer of Arcelor Mittal, and he gave his outlook on the alloy industry to CNBC's Maria Bartiromo, on location in London.
Lower corporate profits don't necessarily mean a weaker market. Abby Joseph Cohen, chief U.S. portfolio strategist for Goldman Sachs, told CNBC’s “Squawk Box” that she believes the S&P 500 will rise to 1550 by the end of the year from its current 1436.
Here some of Wednesday's big movers on European stock markets: Michaniki, Hammerson, Iberia, Technical Olympic, Intercell and Carrefour.
With anxiety over the subprime mortgage market, calls for tighter lending standards, continued high inventory of unsold homes and home prices dropping from coast to coast, to call Tuesday’s housing starts number curious is an understatement. The U.S. Department of Commerce reports housing starts in February jumped 9% from a month ago but are still 28.5% below February 2006. This is the biggest jump since January of last year and comes off a 14% drop in starts in February.