20 Highly Recommended Basic Material Stocks | Top Stock Buy List
Originally published at “long-term-investments.blogspot.com”. Kenneth Fisher is an American businessman, founder and chairman as well as CEO of Fisher Investments, a money management firm headquartered in California. Fisher writes the monthly “Portfolio Strategy” column in Forbes magazine. Ken Fisher is one of the richest Americans and part of the Forbes 400 list of world billionaires. Funds run by Ken Fisher at Fisher Asset Management were valued at USD 34.91 billion.
Basic material stocks became popular with the increase in raw material prices due to the strong growth of China from the recent year. Not only directly commodity mining stocks exploded, also supplier of mining equipment started to boom. The basic material sector is a small investment field with around 600 listed companies. I made a list of the best stocks picks for next year. My criteria are:
This morning, all of the leading oil services have begun to decline lower on the session. The important Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading lower by 0.18 cents to $35.83 a share. This indicates that most of the leading stocks in the industry group are now coming under selling pressure. ...Continue reading here
Some leading oil service stocks that are trading higher today include Halliburton Co (NYSE:HAL), Baker Hughes Inc (NYSE:BHI), and Schlumberger Ltd (NYSE:SLB). All of these stocks should be watched closely today as they are showing good intra-day relative strength. Stocks with relative strength will often lead markets higher if the major stock indexes head higher. ....
This morning, all of the leading oil service stocks are coming under selling pressure. The important oil services sector has been very weak since late February 2012. Today, the Market Vectors Oil Services ETF (NYSEARCA:OIH) is declining lower by 0.91 cents to $35.05 a share. Short term traders can watch for intra-day support around the ...
This morning, all of the leading oil service stocks are declining lower with the major stock indexes. The important Market Vectors Oil Services ETF (NYSE:ARCA:OIH) has been selling off for over a week and this sector is entering short term oversold conditions; therefore, a small bounce in the next few day is possible. The OIH will have intra-day support around the $37.00, and $36.50 levels.
This morning, the oil services stocks are all weak at the start of the trading session. The important and highly followed Market Vectors Oil Services ETF (NYSE:ARCA:OIH) is trading lower by 0.32 cents to $40.54 a share. Short term traders should watch for intra-day support around the $40.15, and $39.78 levels.
This morning, the leading oil service stocks are still trading lower despite the recent stock market rally. The Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading lower by 0.56 cents to $41.22 a share. The OIH should have short term intra-day support around the $41.00, and $40.50 levels.