Cree Beats on Earnings, but Slumps Anyway

Cree Beats on Earnings, but Slumps Anyway

Semiconductor stock Cree Inc. (CREE) beat earnings estimates on Tues., Aug. 20 but the stock gapped below its 200-day simple moving average at $54.27 and traded around its semiannual pivot at $48.64 on Wednesday and Thursday. As a result, the weekly chart will end...
10 Most-Loved Stocks in Hedge Funds: Goldman's VIP List

10 Most-Loved Stocks in Hedge Funds: Goldman's VIP List

Goldman Sachs says its list of “Hedge Fund VIPs,” or the 50 stocks that rank the most often in the top 10 holdings of notable hedge funds, have outperformed the market in the past 17 years. For its most recent list, Goldman reviewed the top holdings at 830 hedge...
Banker's Remarks Roil Markets, but Buyers Respond

Banker's Remarks Roil Markets, but Buyers Respond

Market Moves In a surprising show of optimism, buyers snapped up U.S. stocks at midday Thursday after digesting the Fed meeting minutes and comments from Philadelphia Fed President Patrick Harker. Harker commented that he didn’t see the case for further rate...
Pros & Cons Of A Passive Buy And Hold Strategy

Pros & Cons Of A Passive Buy And Hold Strategy

There are essentially two ways to make money in the stock market: fast and risky or safe and steady. While traders adhere to the former paradigm, most investors fall into the latter category. Armed with the mantra of “buy low, sell high,” these investors seek out...
The Top 4 Walmart Shareholders

The Top 4 Walmart Shareholders

Sam Walton began his retail career in 1950 by opening a 5&10 in downtown Bentonville, Arkansas. Following his success and his desire to bring greater value to his customers, he opened the first Walmart store in 1962. Sam Walton died at the age of 74, leaving the...