Tag: Yahoo Finance

5 Momentum Stocks to Buy on the Rebound

In early September, we saw an unprecedented shift in the investment landscape from momentum stocks to value stocks. This came amid a recovery in economic fundamentals and a sharp rise in interest rates.By mid-September, the the iShares Momentum Factor ETF (BATS:MTUM) was down more than 1%, while the iShares Value Factor ETF (BATS:VLUE) was up more than 7%. This big divergence prompted me to write a piece on InvestorPlace outlining seven momentum stocks to buy on the dip.The logic was simple. These sharp momentum-to-value shifts don't happen often. But, when they do, it's when the things are getting better. See late 2016. It is investors voting with their money that the coast is clear to buy stocks that require a good economy to head higher. As such, these shifts are normally temporary, and a harbinger of a broader market rally. When they end, both value and momentum stocks power higher alongside...

EMERGING MARKETS-Brazilian c.bank intervenes as real slumps; Colombian peso drops on tax reform

* Real cuts losses after two central bank interventions * Colombia announces changes in tax reform * Latin American stocks eye worst day in three months (Updates prices; adds details, news items) By Medha Singh and Uday Sampath Kumar Nov 26 (Reuters) - Brazil's real slipped in volatile trading on Tuesday to a fresh record low, with the government intervening twice to stymie a slump in the currency, while a change in Colombia's tax reform raised worries of higher fiscal deficit. The Brazilian central bank said it is selling dollars in the spot currency market for the second time, announcing an auction of another minimum lot $1 million after the real slumped as much as 1.2% to 4.2770 against the dollar....