Stocks wobble as earnings rally slows (AP)

By admin on May 3rd, 2011

In this May 2, 2011 photo, Trader Christopher Forbes works on the floor of the New York Stock Exchange. Global stocks eased lower Tuesday as investors turned their attention toward a raft of economic news over the coming days and India's central bank lifted interest rates to keep a lid on inflation.(AP Photo/Richard Drew)AP – After two weeks of strong earnings pumped up the markets, weak results from Pfizer and others deflated a broad earnings rally, at least for a day.


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In this May 2, 2011 photo, Trader Christopher Forbes works on the floor of the New York Stock Exchange. Global stocks eased lower Tuesday as investors turned their attention toward a raft of economic news over the coming days and India's central bank lifted interest rates to keep a lid on inflation.(AP Photo/Richard Drew)AP – The earnings rally that lifted markets the last two weeks is waning.


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Obama and McCain on stocks

By admin on November 4th, 2008

Paul R. La Monica at CNN money talks about the effect of Obama and McCain on stocks. It was based from a research firm International Strategy and Investment (ISI). Andy Laperriere, a managing director of ISI’s policy research team in Washington, has put together a portfolio of 20 stocks for an Obama portfolio and 20 more for a McCain portfolio.

Here are the summary:

  • Alternative energy companies could do well under Obama, since it is likely that an Obama administration would push for more subsidies for alternative energy. So he pick Covanta Holding (CVA), solar energy leader First Solar (FSLR) and Vestas Wind Systems (VWSYF). Other stocks which will do good under Obama: Vulcan Materials (VMC), Granite Construction (GVA), URS (URS), GM (GM).
  • As for McCain, companies with exposure to nuclear energy could do well since McCain has consistently advocated nuclear as a viable alternative energy source. Shaw Group (SGR, Fortune 500), and Exelon (EXC), could both benefit from a McCain victory. Other stocks which will do good under McCain: Pfizer (PFE), Novartis (NVS), Unitedhealth (UNH), WellPoint (WLP), Aetna (AET), General Dynamics (GD), Northrop Grumman (NOC), KBR (KBR).
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