Shares are trading 4.28% above their 20-day MA, 7.26% above their 50-day MA, and 4.33% above their 200-day MA.Ħ. ![]() During the current quarter, institutional investors have bought 2.8M shares (net), which represents 8.77% of the 31.91M share float. Gold Resource Corp ( GORO): Gold industry with a market cap of $1.38B. Shares are trading 6.64% above their 20-day MA, 8.35% above their 50-day MA, and 17.18% above their 200-day MA.ĥ. During the current quarter, institutional investors have bought 1.9M shares (net), which represents 13.12% of the 14.48M share float. ( MG): Technical Services industry with a market cap of $438.41M. Shares are trading 9.77% above their 20-day MA, 11.66% above their 50-day MA, and 26.14% above their 200-day MA.Ĥ. During the current quarter, institutional investors have bought 3.4M shares (net), which represents 16.87% of the 20.16M share float. ( MRGE): Healthcare Information Services industry with a market cap of $488.77M. Shares are trading 0.02% above their 20-day MA, 0.37% above their 50-day MA, and 29.37% above their 200-day MA.ģ. During the current quarter, institutional investors have bought 1.5M shares (net), which represents 41.78% of the 3.59M share float. ( TLVT): Computer Based Systems industry with a market cap of $1.17B. Shares are trading 3.13% above their 20-day MA, 11.22% above their 50-day MA, and 17.08% above their 200-day MA.Ģ. 3M shares (net), which represents 52.17% of the 54.25M share float. During the current quarter, institutional investors have bought 28. List sorted by net shares bought by institutional investors as a percentage of the share float.ġ. Visualize annual returns for all stocks mentioned Compare analyst ratings for all stocks mentioned belowģ. Access a thorough description of all companies mentionedĢ. Do you agree?Īnalyze These Ideas (Tools Will Open In A New Window)ġ. Once they do, the market should rebound.”įeeling better? Here is a list of some buoyant bets – stocks trading above their 20-day, 50-day, and 200-day simple moving averages with significant institutional buying.īig money managers think these rallying stocks will continue to perform well. All it takes is to view the glass as half full, instead of half empty. “Bottom line: Investors need to appreciate the good things that are happening as well as the bad things. Lastly, “more people are voluntarily quitting their jobs, which only happens when they become confident they can find new jobs.” May and June payrolls were also recently revised upwards. Ninth, July non-farm payrolls increased by 117,000, beating expectations. (In fact, any slowdown in the Chinese economy will be intentionally induced by its government in order to rein in inflation) (This is bittersweet news, at best.)Įighth, China growth appears to be remaining strong at 9% annual GDP growth. Fundamentals (like consumption) were mostly unchanged. Seventh, the downward revision to 0.4% of first quarter GDP had more to do with an accounting change for petroleum imports than anything else. (Fink gave these comments before the latest Fed release, which made no mention of a new round of bond buying.) Sixth, the Fed might hint at a new round of bond purchases, aka QE3. (And falling US Treasury yields might indicate that investors have paid little attention to S&P’s unprecedented downgrade.)įifth, “Italy promised to balance its budget by 2013.” (Caveat: this author is skeptical about anything that Italian Premier Silvio Berlusconi promises.) (Economists call this “consumption”).įourth, Moody’s and Fitch, two of the three large ratings agencies, have maintained a perfect credit rating for the US government. Third, falling oil prices could be a boon to cash-strapped consumers, whose spending comprises 70% of the economy. The average S&P 500 forward (2012) price-to-earnings ratio is at 11.7. Has the market madness given you the heebie-jeebies? Jim Fink of Investing Daily has ten assertions that might assuage your apprehensions (via The Stock Advisors).įirst, corporate profits are strong as evidenced by estimates-beating 2nd quarter reports from 75% of reporting companies.
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