|Day Low/High||16.98 / 17.91|
|52 Wk Low/High||2.21 / 12.94|
The deep-value Tax-Loss Selling Recovery Portfolio of a dozen stocks handsomely outperformed the S&P 500 and Russell 2000 indices.
Thanks to big gains by Tupperware Brands and GameStop these dozen stocks that languished in 2019 collectively are now up nicely since the portfolio's inception.
The idea behind this annual 'experiment' is to identify potentially 'cheap' names with 3 attributes.
There's progress for sure, but still a long way to go. Things could be worse.
This experiment in trying to identify stocks that could come back after dismal year-ago performance isn't going well five months since its inception.
If investors reengage with these names in 2020, this could be an interesting set-up for market outperformance.
In this portfolio, the goal is for the winners to more than offset the losers.
We'll track a dozen beaten-up stocks that could be subject to tax-loss selling at the end of 2019 to see whether they can stage comebacks in 2020.
Most of the time two, pure-play companies become more valuable than one, less focused, conglomerate.
Some of the recent money that just piled into equities in January has already headed for the exits.
These five companies announced this week that they will repurchase shares.
Find stocks trending up and that have recently moved under and are now back above their 50-day MA.
An oversupply of vehicles is causing automaker incentives to ramp up as a squeeze continues on suppliers and dealers.
Let's start by taking a peek at the overnight and early-morning price action of the major asset classes. The rundown: S&P futures -4; Nasdaq futures -; Nikkei schmeissed for second day in a row, -3% and at the lowest level in three weeks (is Abe ret...