Below is a review of market sectors in the fourth quarter of 2016 jointly written by our investment team. Energy Energy stocks were the best performers for the year, posting gains of 25%. In the fourth quarter, the energy sector was up 8%. Over 100 oil and gas produces have declared ...
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Two of the largest U.S. banks reported their second-quarter earnings late last week, and while the earnings were as moderately strong as most analysts had expected, it was surprising how little attention was devoted to the Brexit both by bankers and analysts. That’s not surprising, since most ...
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Of the 30 trading days so far this year, half of them have had more than a 100-point swing in the Dow Jones Industrial average. As grateful as we feel for the recent days of very strong, positive market action (such as the big gains logged today), it is human nature to feel more pain from the ...
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The other day I posted on some of the highlights of Apple’s recent quarter, and now that its earnings report is out, we know just how well the company did. The gist, as the Wall Street Journal reports, is that compared to the previous year Apple sold considerably more iPhones at higher ...
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There have been a couple of interesting items about Apple recently, which is one of our core information technology holdings. Apple Pay Picks up Steam The WSJ reports that after three months of operations, Apple Pay has begun to succeed at getting shoppers to adopt it. According to Apple, ...
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