Santoli: Bull market on sale for 2014 prices?

In falling markets, stock prices not only go down in price — they also go back in time, dropping to values first reached on the way up. The stock market setback of 2016 has traveled farther back in time than most declines of similar magnitude. At the worst of the sell-off on Jan. 20 – when the index sank to 1,812, 15 percent below its 2015 high — the S&P reached a level first touched in December 2013. This retreat has generated plenty of largely semantic front-porch arguments about whether it’s


In falling markets, stock prices not only go down in price — they also go back in time, dropping to values first reached on the way up.
The stock market setback of 2016 has traveled farther back in time than most declines of similar magnitude.
At the worst of the sell-off on Jan. 20 – when the index sank to 1,812, 15 percent below its 2015 high — the S&P reached a level first touched in December 2013.
This retreat has generated plenty of largely semantic front-porch arguments about whether it’s
Santoli: Bull market on sale for 2014 prices? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-01-31  Authors: michael santoli
Keywords: news, cnbc, companies, nearly, stock, sale, reached, level, bull, instances, wellmichael, worst, prior, santoli, market, prices


Santoli: Bull market on sale for 2014 prices?

In falling markets, stock prices not only go down in price — they also go back in time, dropping to values first reached on the way up.

The stock market setback of 2016 has traveled farther back in time than most declines of similar magnitude. With the S&P 500’s trip to and below 1,900 for much of January, it was knocking around levels first reached in early 2014. At the worst of the sell-off on Jan. 20 – when the index sank to 1,812, 15 percent below its 2015 high — the S&P reached a level first touched in December 2013.

This retreat has generated plenty of largely semantic front-porch arguments about whether it’s still a bull market if no net progress has been made in nearly two years. But fewer are asking the more practical question: How would an investor have done over time by buying the market when it sat at the same level of nearly two years earlier?

Pretty well.

Michael Batnick, director of research at Ritholtz Wealth Management, obliged my request to run the numbers on all prior instances when the S&P 500 was within 2 percent of its level from 21 months earlier, which is where it is now. There were only 44 prior instances since 1928 when this was the case, out of more than 1,000 rolling 21-month periods.


Company: cnbc, Activity: cnbc, Date: 2016-01-31  Authors: michael santoli
Keywords: news, cnbc, companies, nearly, stock, sale, reached, level, bull, instances, wellmichael, worst, prior, santoli, market, prices


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Can January really predict market’s full year?

Trader on the floor of the New York Stock Exchange. Editor’s Note: Jeffrey A. Hirsch is editor-in-chief of the “Stock Trader’s Almanac,” which popularized the “sell in May” market strategy. Our flagship indicator, the “January Barometer” created by Yale Hirsch in 1972, simply states that as the S&P 500 goes in January, so goes the year. The long-term record has been stupendous, an 87.9 percent accuracy rate, with only eight major errors in 66 years. Those major errors occurred in the secular bea


Trader on the floor of the New York Stock Exchange.
Editor’s Note: Jeffrey A. Hirsch is editor-in-chief of the “Stock Trader’s Almanac,” which popularized the “sell in May” market strategy.
Our flagship indicator, the “January Barometer” created by Yale Hirsch in 1972, simply states that as the S&P 500 goes in January, so goes the year.
The long-term record has been stupendous, an 87.9 percent accuracy rate, with only eight major errors in 66 years.
Those major errors occurred in the secular bea
Can January really predict market’s full year? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-01-22  Authors: jeffrey hirsch
Keywords: news, cnbc, companies, market, stock, major, goes, yale, york, predict, accuracy, markets, yields, hirsch, errors, really


Can January really predict market's full year?

Trader on the floor of the New York Stock Exchange.

Editor’s Note: Jeffrey A. Hirsch is editor-in-chief of the “Stock Trader’s Almanac,” which popularized the “sell in May” market strategy.

Our flagship indicator, the “January Barometer” created by Yale Hirsch in 1972, simply states that as the S&P 500 goes in January, so goes the year. It came into effect after the passage of 20th “Lame Duck” Amendment to the constitution in 1930s, which moved the date that the new Congress convenes to the first week of January, and presidential inaugurations to Jan. 20.

The long-term record has been stupendous, an 87.9 percent accuracy rate, with only eight major errors in 66 years. Those major errors occurred in the secular bear market years of 1966, 1968, 1982, 2001, 2003, 2009, 2010 and 2014. Including the eight flat years (less than +/- 5 percent) yields a 75.8 percent accuracy ratio.

That’s high probability ratio. Here’s why investors still need to look at this metric.


Company: cnbc, Activity: cnbc, Date: 2016-01-22  Authors: jeffrey hirsch
Keywords: news, cnbc, companies, market, stock, major, goes, yale, york, predict, accuracy, markets, yields, hirsch, errors, really


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Top investor Winblad gives her favorite tech picks

Venture capital investor Ann Winblad, who won the Squawk Box Platinum Portfolio competition last year, believes cloud computing presents some of the biggest investment opportunities for her 2016 model portfolio. “While we have been talking about the cloud for some time, large enterprises were in an awkward tween stage — somewhere between the old and new world, with in truth only a small percentage of their software on the cloud,” she told CNBC Pro. Read MorePro Talks: Tom Lee on how to beat mark


Venture capital investor Ann Winblad, who won the Squawk Box Platinum Portfolio competition last year, believes cloud computing presents some of the biggest investment opportunities for her 2016 model portfolio. “While we have been talking about the cloud for some time, large enterprises were in an awkward tween stage — somewhere between the old and new world, with in truth only a small percentage of their software on the cloud,” she told CNBC Pro. Read MorePro Talks: Tom Lee on how to beat mark
Top investor Winblad gives her favorite tech picks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-01-07  Authors: giovanny moreano, lori ann larocco, getty images
Keywords: news, cnbc, companies, truth, picks, told, investor, world, tween, favorite, words, winblad, gives, cloud, won, venture, tom, tech


Top investor Winblad gives her favorite tech picks

Venture capital investor Ann Winblad, who won the Squawk Box Platinum Portfolio competition last year, believes cloud computing presents some of the biggest investment opportunities for her 2016 model portfolio.

“While we have been talking about the cloud for some time, large enterprises were in an awkward tween stage — somewhere between the old and new world, with in truth only a small percentage of their software on the cloud,” she told CNBC Pro.

Read MorePro Talks: Tom Lee on how to beat market in 2016

Here are the names and why she’s buying them in her own words.


Company: cnbc, Activity: cnbc, Date: 2016-01-07  Authors: giovanny moreano, lori ann larocco, getty images
Keywords: news, cnbc, companies, truth, picks, told, investor, world, tween, favorite, words, winblad, gives, cloud, won, venture, tom, tech


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Just what is a hydrogen bomb?

North Korea announced on Sunday that it had successfully conducted its sixth and most powerful nuclear test, using what it said was an advanced hydrogen bomb — or an “H-bomb”. Experts haven’t yet verified whether the weapon was indeed an “H-bomb”, though they widely agree that it created an explosion which far exceeded previous tests. U.S. Geological Survey measured the explosion at a magnitude of 6.3, and shockwaves were measured at more than 130 stations in destinations as far away as Argentin


North Korea announced on Sunday that it had successfully conducted its sixth and most powerful nuclear test, using what it said was an advanced hydrogen bomb — or an “H-bomb”. Experts haven’t yet verified whether the weapon was indeed an “H-bomb”, though they widely agree that it created an explosion which far exceeded previous tests. U.S. Geological Survey measured the explosion at a magnitude of 6.3, and shockwaves were measured at more than 130 stations in destinations as far away as Argentin
Just what is a hydrogen bomb? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-01-06  Authors: holly ellyatt, karen gilchrist, three lions, getty images, ray tang anadolu agency getty images, str
Keywords: news, games, cnbc, companies, hydrogen, widely, measured, far, using, weapon, tests, explosion, bomb, verified, test, hbomb


Just what is a hydrogen bomb?

North Korea announced on Sunday that it had successfully conducted its sixth and most powerful nuclear test, using what it said was an advanced hydrogen bomb — or an “H-bomb”.

Experts haven’t yet verified whether the weapon was indeed an “H-bomb”, though they widely agree that it created an explosion which far exceeded previous tests. U.S. Geological Survey measured the explosion at a magnitude of 6.3, and shockwaves were measured at more than 130 stations in destinations as far away as Argentina.

But what exactly is an H-Bomb? CNBC explains…


Company: cnbc, Activity: cnbc, Date: 2016-01-06  Authors: holly ellyatt, karen gilchrist, three lions, getty images, ray tang anadolu agency getty images, str
Keywords: news, games, cnbc, companies, hydrogen, widely, measured, far, using, weapon, tests, explosion, bomb, verified, test, hbomb


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post