This week’s Alpha Algorithm has identified a new sector, healthcare, that has attracted the attention of the top alpha-generating investment strategies: UnitedHealth Group Incorporated (UNH). Founded in 1974 and based in Minnetonka, Minnesota, UnitedHealth Group Incorporated offers consumer-oriented health benefit plans and services for a wide range of customers. It also provides Medicaid plans, health care […]
Global stock markets closed a strong holiday-shortened week with the the Dow Jones up 2.48%, the S&P 500 rising 2.58% and the NASDAQ gaining 2.79%. The MCSI Emerging Markets Index ended the week 2.32% higher. Big gainers in your Alpha Investor Letter portfolio included the Market Vectors Biotech ETF (BBH), which climbed 4.00%; PureFunds ISE Cyber […]
Investment expert Nicholas Vardy reads into the psychological side of the global market’s reaction to Brexit.
Global stock markets had one of their strongest weeks in recent memory, with the Dow Jones up 3.15%, the S&P 500 rising 3.22% and the NASDAQ soaring 3.28%. The MCSI Emerging Markets Index (EEM) also rocketed 6.28%. What a difference a week makes. After $3 trillion being wiped off the value of markets in the […]
This week’s Alpha Algorithm has identified yet another U.S. retailer as a favorite among Wall Street’s smart money: online shopping giant Amazon.com (AMZN). Founded in 1994 and headquartered in Seattle, Washington, Amazon.com, Inc. sells consumer products in North America and internationally. Amazon also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, […]
With the news of the United Kingdom’s vote to exit the European Union (EU) last Thursday, it was a tough week for global stock markets across the board. The Dow Jones fell 2.36%, the S&P 500 tumbled 2.53% and the NASDAQ fell 3.14%. The MCSI Emerging Markets Index fared surprisingly well by falling only 2.75%. […]