There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five undervalued companies for value investors reviewed by ModernGraham with the highest beta. A company’s beta indicates the correlation at which its price moves in relation to the market. A beta greater than 1 indicates a…
Looking at the session for Monday, Manufacturing PMI numbers are coming out on both the USA and the United Kingdom, and quite frankly that’s about it as far as economic announcements are concerned. With that, the market looks as if there will be a little bit of volatility, but at the end of the day we feel…
There’s a lot been said about the biotech bubble, but with a robust M&A market helping generate new growth opportunities for pharma companies, we’re not ready to call it a bubble just yet. Parts of the pharma space has been a real head-scratcher of late. Teva Pharmaceuticals'(NYSE: TEVA) pursuit of Mylan (NYSE: MYL) was brought to an abrupt…
Market participants on the Twitter stream are getting cautious while they wait for a break of the range in the S&P 500 Index (SPX) between 2040 and 2140. 7 day momentum and sentiment from Twitter for SPX now has two lows that are the most oversold readings in almost three years. The rally this past…
Stocks were weak last week following undermining results from the Energy sector. The major indexes ended a volatile July in positive territory, but the seasonally weak August month will likely produce sideways action at best. The Exxon (XOM) and Chevron (CVX) reports last week spotlight the pain in the oil patch as industry players brace…
As rumors about a forthcoming iPad Pro continue to develop, Apple Inc. (AAPL) has patented some interesting technology that analysts have already earmarked for this hotly anticipated tablet. iPad Pro deemed a certainty When Apple finally confirms the existence of the iPad Pro, it will certainly go down as one of the less well-kept secrets in the history of the corporation….
With the headlines focused on the financial events taking place in Greece and China, not much attention has been given to the situation in Venezuela. The last few years have seen many countries in South America undergoing some sort of economic recession while others hover on the verge of experiencing one. South American economies are…
July has been a volatile month for stocks. All three major market indices (DJI, SPX, and IXIC) all ended higher slightly for the month. However, Russel 2000 was down. We did quite well. Even though I took on a bit more risk during the last week of July, we still ended up +4.5% for the…
The Asset They Love to Hate … Back in the 1960s, Alan Greenspan wrote a well-known essay that to this day is an essential read for anyone who wants to understand the present-day monetary and economic system (which is a kind of “fascism lite” type of statism, masquerading as capitalism) and especially the almost visceral…
The technology sector’s earnings results have not been very encouraging this time. For the week ending Jul 17th, a good deal of tech results drove markets as earnings results and management commentary were mostly positive. However, the following week many earnings reports dampened investor sentiment. Apple did beat expectations although the surprise wasn’t as dramatic as it…
