The Biggest Surprise Winners of 2016 in Consumer Goods Stocks – Nasdaq

2016 was full of surprises. The Brexit vote and the election of Donald Trump shocked the world, and momentarily roiled markets. In the case of Trump’s victory, the biggest surprise so far may have been the market rally that ensued, given that many had predicted a sell-off due to the unpredictability of a Trump administration. […]

Read More…

Top Hong Kong Investor Likes Bank Stocks, the Ruble, and Kittens – Bloomberg

When top Hong Kong investor Alex Wong scours financial data looking for promising returns, he draws on a long history of judging probabilities. As a pre-teen watching Jockey Club horse races, he learned that it all came down to the pricing. “At first of course you want to win, and you bet for the horse that […]

Read More…

European Stocks Decline With Miners to Halt Three-Day Advance – Bloomberg

European stocks were little changed, halting a new-year rally that was boosted by industries seen as benefiting the most from stronger economic growth. The Stoxx Europe 600 Index fell 0.1 percent at the close, paring an intraday slide of as much as 0.5 percent. Commodity producers were among the worst performers, after helping propel the […]

Read More…

Stocks open higher; Gap jumps 4% – Los Angeles Times

U.S. stocks are opening higher, putting them on track for a second straight day of gains, as investors continue to buy companies that stand to benefit if the economy keeps growing and consumers continue to spend. Consumer-focused companies are rising Wednesday morning, and retailer Gap is up 4%. Companies that mine for metals and make […]

Read More…

Analysts Surprised by Seasonality May Boost Stocks, Study Finds – Bloomberg

Some companies have earnings heavily weighted to one quarter of the year. Macy’s Inc., for example, makes a large part of its profits from October to December; Six Flags Entertainment Corp. does most of its business in the summer months.  Obvious, isn’t it? Still, analysts tend to underestimate seasonality, and this can lead to higher […]

Read More…

Japanese Stocks Lead Asian Equity Gains, Oil Rises: Markets Wrap – Bloomberg

Stocks in Asia climbed after data fueled confidence in the U.S. economy, and as equity traders in Tokyo returned from holidays with the yen nursing a four-day slump. Japanese equities led gains with the Topix index climbing more than 2 percent on its first trading day of 2017 as the yen extended its retreat. The S&P […]

Read More…