Chip stocks have been a popular trade in today’s markets. One sign is from Juniper Networks (JNPR). Shares are up nearly 30 percent since the start of November, and 10 percent since the start of the year. So it should be no surprise that shares...
Energy stocks continue to rise as they attract investor interest. One such name is energy giant ExxonMobil (XOM). Shares have moved from $32 at the start of November to $48. While shares look overbought in the short-term, a longer-term trend suggests the rally will continue. The...
The stock market rally has not been too kind to defensive plays such as consumer goods companies. An open economy means more spending out of the home rather than in the home. But demand for consumer goods never goes away, which is why oversold blue-chip...
Energy companies have joined the market rally recently with some strong performance in recent sessions. Steadily rising oil prices, plus favorable comments about global production from OPEC members have led to a number of energy plays getting overbought in the short-term. One such play is China...
While the energy spot has been hot, one company has bucked the tend—strongly. The company is Argentinian firm YPF Sociedad Anonima (YPF). The company has run low on cash to pay bondholders, and the stock price has dropped correspondingly. That’s created one of the few oversold...