Tactical Alpha News Today

The transaction further grows AGF Capital Partners' alternatives business with the addition of absolute return-focused strategies and specialized credit investments

What's caused this amazing run, and what will the rest of the year look like?

New York-based investor New Holland, which is best known for running Dutch pension manager APG’s hedge fund kitty, is getting ready for meets and greets with deep-pocketed Aussies.

Investors who piled into value stocks, including cyclical names, appear to be rethinking that strategy, CNBC’s Bob Pisani says.

Companies’ bottom lines are getting a boost from the reopening, but stocks don’t seem to care CNBC 5 hrs ago The reopening story is now getting very real, at least for Wall Street. The latest earnings reports are chock-full of companies reporting earnings above expectations, and most importantly, raising guidance. Take steel maker Nucor, which reported what CEO Leon Topalian called the "most profitable quarter in our Companys history" on improved pricing and margins. "We expect earnings f...

Of course, the market hit new highs in January and February, but this, time its different. Previous new highs in January and February were greeted with some hand-wringing: it was mostly big-cap tech stocks that were forcing the markets higher. Not this time. The rally has broadened out, big-time. Far more stocks are advancing than declining. Nearly one-fourth of the stocks in the S&P 500 and the NYSE Composite Index are at new highs. Recently, laggard groups like utilities, health care, and REI...

The stock markets rally to a record on stimulus and vaccine hopes leaves little room for error CNBC 1/21/2021 © Provided by CNBC Traders on floor of the New York Stock Exchange. With the Biden inauguration — and the risk of disruption — now over, whats next for markets?  Popular Searches The good news: So far, those hopes are coming to fruition. The bad news: The stock market has run up big and there is very little room for error. The macro: Plenty of hopium The bedrock of the market...

Big banks like JPMorgan Chase kick off earnings season on Friday on a good omen: Banks are strong going into earnings season. "This is the first earnings season in recent memory where banks have been leaders going into earnings season," said Tactical Alphas Alec Young.  Indeed, the SPDR Bank ETF (KBE), a basket of large banks, is up 30% since the November election, far outperforming the S&P 500. And unlike much of the market, bank stocks are not overpriced. "They have a lot of room to move up...

"Look at the small cap Russell 2000. It was up 4%. The Nasdaq 100 was down 1%. That is a sure sign the market is betting on stimulus and some change in tax policy. The market is looking forward to earnings and growth down the road." Others agreed. "It is a bit hard to reconcile all the different forces at play, but ultimately it seems like the election is carrying the day," said Jack Miller, head of trading at Baird. That transition to power has come with a belief that more stimulus is coming...