Tag Archives: rally

Indiabulls Housing Finance says no loans outstanding from Yes Bank, share price rally 29%

Indiabulls Housing Finance witnessed a rally in Friday’s trading session after the company’s regulatory filing stated clearly it has no outstanding loans from Yes Bank. The filing also added that Sameer Gehlaut is currently in the UK and will cooperate with the investigation surrounding Yes Bank soon after the ban is lifted from international flights. “Indiabulls Housing has no loans ... Read More »

Apple chart points to massive rally: Technician

Apple stock has been floundering for the past 11 months, falling nearly 22 percent since its high of $134.54 in April 2015. But according to one market technician, the shares are setting up for a huge move higher. “Momentum is in favor of the stock,” Greg Harmon, founder and president of Dragonfly Capital, said Wednesday on CNBC’s “Trading Nation.” By ... Read More »

Don’t chase the emerging market rally yet: UBS strategist

Emerging market equities are outperforming stocks in developed economies this year, but the trend could be short lived, Geoff Dennis, head of global emerging market equity strategy at UBS, warned on Wednesday. Since late January, emerging market stocks have rallied about 15 percent as the dollar has weakened and commodity prices have rebounded, Dennis noted. But UBS is not expecting ... Read More »

Saut expects bottom next week, then stock rally

Jeff Saut, chief investment strategist at Raymond James, said Friday the stock market looks like it’s searching for a bottom. Using a propitiatory forecasting model, he predicted it would happen next week, followed by a sharp rally. That model actually foresaw the 2015 summer swoon, but missed what he expected to be a “rip your face off” rally in late ... Read More »

Hated market has 97% chance to rally: Citi

Hatred of the U.S. stock market is near levels last seen during the financial crisis, according to a Wall Street sentiment measure. And that, ironically, increases the chances the selling is almost over. Citi Research strategist Tobias Levkovich said his time-tested sentiment model shows there is a 97 percent chance of market gains over the next 12 months. This probability ... Read More »

Top analyst: This biotech set to rally 30%

Editor’s note: TipRanks is a tech company that ranks analysts and financial bloggers based on their picks performance. The goal of this piece is to highlight an analyst that you likely have never heard of who has a great track record. The market pullback in the biotech sector is tumultuous for investors, but it may offer a great long-term investment ... Read More »

These Dow stocks should rally if yen plunges

The dollar was surging against the yen as the Bank of Japan took the stunning step Friday of adopting negative interest rates in a bid to revive the country’s economy and protect against deflation. What do you buy if this big devaluation by Japan sparks a sustained rally higher in the dollar? The yen was down about 2 percent versus ... Read More »

Don’t be fooled by the rally. Volatility could be here to stay

Stocks may have managed to eke out small gains in the last trading sessions of the month, but that hasn’t saved the market from what’s been one of the most volatile starts to a year ever. The S&P 500 is down more than 6 percent in 2016, making it one of the worst Januarys ever for the large-cap index. This ... Read More »

Cramer Remix: FANG stock to buy after the rally

When Jim Cramer looked at the quarter that Facebook delivered, he wished that Mark Zuckerberg would take more paternity leave. “One-third of the remarkable quarter Facebook reported last night came during the first month that Zuckerberg took off to spend with his new daughter, so let’s hope he plans on having a very big family,” the “Mad Money” host said. ... Read More »

This stock could rally 130 percent in one year: Trader

After years of back-to-back declines, Freeport McMoRan is showing signs of life. The left-for-dead stock rallied nearly 7 percent Tuesday after the mining giant reported a narrower-than-expected quarterly loss. According to one trader, this could be the start of a furious rally over the course of the next year. Looking at a long-term chart of Freeport-McMoRan, Andrew Keene noted that ... Read More »