Is December your favorite month? If you're an investor, maybe it should be. The Dow Jones Industrial Average has averaged a 1.42% gain in December over the last century, with positive returns an amazing 73% of the time. This year the Dow could do even better.
- Why December Stock Market Performance Is the Best of the Year
- Three "Insider" Stocks to Buy Now
- Best Stocks to Buy Now: A Money Morning Weekly Roundup
- Why Stocks Fall in September
- Shah Gilani on What's Really Moving the Stock Market Today
- Stock Market Today: Can Earnings Drive Market Higher in July?
When insiders buy up their own company stock, there's just one reason - they're pretty sure their shares will go up in value. And sure enough, studies have shown that in the 12 months after insiders buy, that stock outperforms the total market by 8.9%. So when insiders are buying - as they are at these three companies -
Last week's best stocks to buy were influenced by several crises building on Capitol Hill - the 2014 fiscal budget and looming government shutdown, the debt ceiling, and mounting anxieties over the Federal Reserve's QE taper timing.
As a result of these factors, many concerned investors turned to cash.
But with money market instruments yielding next to nothing, you will miss out on 100% of market gains if you are just sitting on cash. Money Morning keeps reminding readers that savvy investors make money in all kinds of markets - and we found just the right stocks to buy to make the most of current conditions.
Here's a recap of our picks for the best stocks to buy now, culled from last week's Money Morning daily articles, videos, and insights from our in-house experts:
Given that two of the most dramatic and painful stock crashes happened in October, it's the one month that most investors dread. But if you look at the record, it's not the month with the worst average returns. You don't want to wait to find out which month really haunts Wall Street...
Money MorningCapital Wave Strategist Shah Gilani appeared on FOX Business' "Varney & Co."to talk with host Stuart Varney about the ill winds blowing across Wall Street and the country at large.
The Dow is down nearly 100 points on the day, rhetoric and violence are ratcheting up in Syria, and we've heard both parties' warning shots over the looming October debt ceiling vote.
The bulls came out of the gate at full-speed at the opening of the stock market today.
Less than a half-hour into trading, the Dow Jones Industrial Average jumped 121.99, or 0.81%, to 15,241.40 The Standard & Poor's 500 Index climbed 12.19, or 0.75%, to 1,644.08. The Nasdaq added 14.01, or 0.41, at 3,493.60.
Optimistic investors appear to be betting the second quarter's earnings will come in ahead of scaled-down forecasts.
Pre-announcements have certainly been extremely negative. According to Thomson Reuters, the ratio of negative to positive comments is 6.5 to 1, more than two-and-a-half times the normal pace and the most negative reading since 2001.
Overall, S&P 500 earnings are projected to have grown 1.6% in Q2 from a year ago, while quarterly revenue is expected to increase 2.9%.
But those estimates could be on the light side.