Welcome to week 3 of my new recurring feature, The Riskalyze Report. My friends at Riskalyze have offered me the opportunity to see which stocks and funds advisors all over the country are adding to their clients’ accounts and which ones they’ve been selling. Each week I’ll present you with the top three buys and sells…
Poster Children
IBM, Coca-Cola and McDonalds are three of America’s largest corporations and most well-known brands. They are true multinationals in every sense of the word and they dominate their industries both at home and abroad. They are numbers 23, 58 and 106 on the Fortune 500 list, respectively. Together, they make up 12 percent of the…
Hot Links: Rumor Has It
What I’m reading this morning
Big Oil vs You: Who means more to the economy?
What’s better for the economy, weak oil prices or strong ones? What’s more beneficial for US economic growth, strong profits and capex spending by Big Oil or less pain at the pump for consumers? Economists have been batting this issue back and forth as oil has slid lower for the last three weeks. The global…
Clips from Today’s Halftime Report: Lee Cooperman Edition
Chart o’ the Day: A look at the 12-month moving average
Jon Krinsky’s technical note for MKM Partners this week is entitled “The Game Has Changed… V-Shaped Bottom Unlikely” and, while not bearish, he is very skeptical that last week’s low will be the low for the current correction. He notes that breadth was terrible despite Friday’s bounce and that we’ve now spent a week below…
Hot Links: Excessive Leverage
What I’m reading this morning
Robert Shiller: Stock Market Ebola
That killer quote from Professor Robert Shiller’s latest column at the New York Times. Shiller’s book, Irrational Exuberance, has been one of the most influential things I’ve ever read about how human psychology impacts markets and the economy. I prefer the second edition, as it covers the financial crisis and the aftermath of the dot…
Still afloat, somehow
Cartoon by Lisa Benson, Victor Valley Daily Press
This Week on TRB
Cartoon by Gary Varvel, Indianapolis Star These were the most read posts on TRB this week, in case you missed them: