Jon D. Markman
Jon D.'S LATEST HEADLINES
-
Here's Why U.S. Stocks May be Headed Higher
U.S. stocks were back up to their old tricks last week, as volatility waned and financial, industrial and retail stocks waxed. It was a week in which risk was in fashion – until Friday, when the U.S. Securities and Exchange Commission (SEC) hammered Goldman Sachs Group Inc. (NYSE: GS) with fraud charges related to the subprime-mortgage crisis. With that, playing defense was considered offensive.
Leading the way forward were companies that are the ultimate in beta and hopefulness – such as beaten-down bond insurer Ambac Financial Group Inc. (NYSE: ABK), which rose 60%, beaten-down car parts maker American Axle & Manufacturing Holdings Inc. (NYSE: AXL), up 10%, beaten-up retailer Tuesday Morning Corp. (Nasdaq: TUES), up 24%; and beaten shoemaker Crocs (Nasdaq: CROX), up 20%. We're not talking, here, about investors who last year bought the shares of companies that were left for dead; these stocks might actually be worth something in an economic turnaround.
- Regional Banks Are Bouncing Back - And You Can Profit
- The U.S. Employment Outlook: Bad For Paychecks, Good For U.S. Stocks
- Foreign Markets Outshine U.S. on Investors' Increasing Appetite for Risk
- Why the Bulls Can Stand Strong at Home and Overseas
- Three Ways to Profit From an Insurance-Sector Rebound
- The Bull Market is Intact and On the Move
- Get in on the Ground Floor of This Growing Global Profit Machine
- Fastest Recovery Ever Could Push Corporate Profits to Record Highs in 2010
- Stock Market Buying Power Hits New Rally High, as Demand Outpaces Supply