Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Zillow Merges with Trulia for $3.5 Billion
Zillow Merges with Trulia for $3.5 Billion
Bribery Case Involving Wal-Mart Takes Interesting Turn
Bribery Case Involving Wal-Mart Takes Interesting Turn
Massachusetts Hospital Takeover Agreement Opposed by Antitrust Experts
Massachusetts Hospital Takeover Agreement Opposed by Antitrust Experts
Job Listings

Oppenheimer & Co. Placing Themselves Underneath the Knife

facebooktwittergoogle_plusredditpinterestlinkedinmail

 

According to Bloomberg News, when purchasing stocks that appear to be in the middle of a skydive, it is often referred to as “catching a falling knife” because of the obvious danger that is involved. Technical analysts Oppenheimer & Co. have reported that technology stocks, which were last week’s worst-performing industry is now an attractive opportunity, placing themselves underneath the knife.

To understand the speed of how fast that knife is moving, according to Bloomberg News, Standard & Poor’s 500 Index sank 2.2 percent on April 4, the worst drop in almost a year. It has also been reported that the Russell 2000 Index, which is made up of companies with an average market value of about $1 billion, is down more than 5 percent from its last record listed on March 4.

Headquartered in New York City, Oppenheimer & Co. Inc. is a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates, according to Market Watch, provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and also to institutions.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


Deutsche Bank AG reports that “equity beta positioning has moved towards neutral.” When a stock has a higher beta this means it tends to also rise faster than benchmark indexes during rallying markets, and fall more during down markets. Stocks with higher beta are the “knife” that might be attractive to try to catch at some point, according to Bloomberg Business Week. Many funds that borrow money to buy stocks were forced to cut their bets on higher beta, according to a Deutsche Bank report that was dated April 4.

Image Credit: www.technicalanalyst.co.uk

Oppenheimer & Co. Placing Themselves Underneath the Knife by
facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , ,

Jaan Posted by on April 8, 2014. Filed under Business News,Home. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Sr. Legal Specialist - Labor & Employment Practices
USA-VA-Richmond

Altria Group is a FORTUNE 200 company that owns the premier tobacco companies in the United States including Philip Morris USA, U.S. Smokeless Tobacco Company, John Middleton and Nu Mark. The companie...