In bear markets, winnings tend to go to investors who focus on fundamentals, not fads, and who pick stocks based on traditional business principles rather than the latest experimentation in finance or society. Many stock investors are sidelined today, facing crushing losses in crypto or tech, and a general bruising across equities. They’re confused by…
By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one that has worked well during the bear market. High inflation, uncertainty in so many industries amid supply-chain issues and labor shortages, the Federal Reserve’s…
Read More “This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks” »
The Dow Jones Industrial Average won’t be trading on Monday when the new Juneteenth federal holiday is observed, because the stock market will be closed, and so will many of the Dow’s components. That’s a relatively quick turnaround for the New York Stock Exchange and Nasdaq exchange to close for Juneteenth, just one year after…
Read More “Here’s how some Dow industrials companies are observing the Juneteenth holiday” »
High inflation and rising interest rates are slamming the brakes on US growth, economists say, but there’s still a narrow chance to avoid a second recession in three years. The outlook is not looking good, to be sure. The economy shrank in the first quarter for the first time since the onset of the pandemic….
Read More “The odds of recession are rising, but the US economy is not doomed to a downturn” »
Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investors. The following chart, provided by Alger Director of Market Strategy Bradford Neuman, underscores the opportunity: Alger, FactSet The chart shows the weighted forward…
Read More “Small-cap growth stocks are at their lowest P / E valuation in at least 24 years.” »
US stock indexes lost early gains on Wednesday, at the start of a new month of trading, after data on the manufacturing sector showed rising costs were still a problem, as the Federal Reserve begins reducing its nearly $ 9 trillion balance sheet. How are stock indexs trading? The Dow Jones Industrial Average DJIA lost…
