This week’s Momentum Trader Alert recommendation takes you into the booming financial services sector. After underperforming the broader market for the first half of the year, the financial sector has exploded to the upside since second week of September. American Express Company (AXP) provides travel-related services, financial advisory services and international banking services throughout the […]
This week’s Alpha Algorithm has identified a new recommendation in the booming payment space. MasterCard Inc. (MA) develops and markets payment solutions. It also provides industry-leading analysis and consulting services to financial institution customers and merchants. MasterCard’s family of brands includes MasterCard, Maestro and Cirrus. MasterCard, Inc. (MA) vs. the S&P 500 year to date […]
U.S. and global stock markets closed a mixed week, even as sentiment about the U.S. stock market reached highs not seen in years. The S&P 500 rose 0.43%, while the Dow Jones powered ahead 1.93%. Both the Nasdaq and the MSCI Emerging Markets Index pulled back, closing the week down 0.7% and 1.08%, respectively. Your Smart […]
1. Conservative Recommendation Aon PLC (AON). This insurance giant provides risk management services, insurance and reinsurance brokerage, human resource consulting, as well as outsourcing services, worldwide. It is currently a recommendation in Momentum Trader Alert. J.P. Morgan recently told its clients that although the costs of the recent hurricanes will hurt many insurance companies’ earnings, […]
International investment expert Nicholas Vardy talks about why the traders on Wall Street are not what they are made out to be.
The semiconductor industry has been one of the strongest-performing sectors in the U.S. stock market in recent months. This has come even as headline-grabbing stocks like Apple, Amazon.com and Facebook have cooled off. The outstanding performance of the sector is reflected in this week’s Momentum Trader Alert recommendation. Founded in 1980 and headquartered in Fremont, […]