A few groups of stocks that have underperformed the market markedly in the past month now look primed to bounce back. It’s a phenomenon known as a “mean reversion” trade.
All three exchange-traded funds are doing worse than the S&P 500, which has retreated roughly 2.8% in that time. The stocks in all three funds are vulnerable. Sales for manufacturers of heavy equipment are reliant on broadly strong demand for goods and services. The same goes for producers of metals and other raw materials, which sell those goods to the manufacturers. Sales for companies that sell consumer goods and services also are hit when people feel they have less money to spend.
“Long the worst performers of the prior month and shorting the best has gained more than half the time historically,” wrote 22V Research’s Dennis DeBusschere.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stock market today: World markets edge lower as China reports slower growth in the last quarterShares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter. U.S. futures also fell, while oil prices jumped more than $1. On Tuesday, Wall Street drifted to a mixed finish after a report showed U.S.
La source: AP - 🏆 728. / 51 Lire la suite »
Stock market today: World markets edge lower as China reports slower growth in the last quarterShares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »
Stock market today: World markets edge lower as China reports slower growth in the last quarterShares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter.
La source: ksatnews - 🏆 442. / 53 Lire la suite »
Stock Market Today: Tesla Stock Sinks, Netflix Surges and Earnings Deluge ContinuesGovernment bonds sell off again; Netflix stock surges premarket
La source: WSJ - 🏆 98. / 63 Lire la suite »