CEDC

CEDC

Best Performing Stocks Since July 2nd

Hickey and Walters (Bespoke) submit:
Below is a list of the best performing Russell 1,000 stocks since the July 2nd correction low. As shown, Hewitt Associates (HEW) is up the most with a 40% gain, followed by MBIA (MBI) (26.56%), Anadarko (APC) (24.01%), priceline.com (PCLN) (22.37%), and Marshall & Ilsley (MI) (22.37%). Hewitt and a few other stocks on the list are trading in overbought territory, but most are not. This shows just how oversold stocks were before we got this bounce.click to enlargeComplete Story »

Beware of Booby Traps in Emerging Markets

2009 has been a good one for investors in emerging markets. Since bottoming on November 20, 2008, the MSCI Barra Emerging Market Index is up 84%. Equity prices in Brazil, Russia, India, and China, or the BRIC nations, are up a higher 93%. Of late, equity prices in Eastern Europe are up strongly and trying to catch up with other emerging markets. During the past three months, the MSCI Barra Eastern Europe (excluding Russia) Index is up 28%. This exceeds the 18% and 20% gains scored by equities in emerging markets and BRIC nations, respectively.Complete Story »

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