Tag: Yahoo Finance

Australia ETF Could Face A Surprising Headwind

The iShares MSCI Australia ETF (NYSE: EWA), the largest Australia exchange traded fund listed in the United States, could contend with an issue often reserved for single-country ETFs devoted developing economies: credit risk. Strength in Australian stocks has been facilitated by accomodative monetary policy by the Reserve Bank of Australia. While the Australian economy has dodged a recession for more than three decades, at least one major ratings agency believes the country's AAA credit rating could be imperiled if the economy there weakens....

3 Big Stock Charts for Wednesday: PayPal, Macy’s, and Iron Mountain

U.S. stocks once again closed at an all-time high on Tuesday. As has been the case for most of the past few months, the gains weren't exactly torrid, with the three major indices increasing roughly two-tenths of a percentage point. Still, optimism reigns heading into the holidays.Source: Shutterstock But not every stock has joined in the rally. Wednesday's big stock charts highlight three of those names. All three sit well off 52-week highs, and actually have weakened in recent months while the rest of the market has gained. * 7 Stocks to Buy in December A reversal isn't guaranteed, or necessarily likely, for each of these stocks. But should positive market sentiment hold, they could be targets for investors looking for value in an increasingly expensive market. At the very least, these big stock charts suggest potentially big moves at the end of the year and into 2020.InvestorPlace - Stock Market...