stocks

Shares of Best Buy (NYSE: BBY)continue their march higher.    Optimism about consumer spending recovering later in the year along with less competition helping the shares. The stock is now more than $15 per share higher than when I discussed the bullish case for the company back on December 4th.   Shares were around $22 bucks then and closed at just under $38 on ... read more

Even as the overall market gains have slowed, a few stocks continue their push higher. Here's a list of companies making either one year or multi-year highs with big tech clearly showing signs of strength: AES Corp (AES), Motorola (MOT), Coach (COH), 3M (MMM), Goldman Sachs (GS), Nvidia (NVDA), FMC Technologies (FTI), AMD (AMD), ConAgra (CAG), Apple (AAPL), eBay (EBAY), AmerisourceBergen ... read more

Revisiting a graphic I've previously posted. While the increased monetary base may not be the only reason stocks are higher recently, it is difficult to look at a chart like this and not make assumptions that all the money sloshing around the system has at least some impact on stock prices over time. The question is what happens to stocks when the Fed begins to remove much of this from the ... read more