• Analyst: Brace for a wild week

    By Lawrence Lewitinn | Talking Numbers – Mon, Sep 16, 2013 6:01 AM EDT

    What can we expect from the markets this week given the Fed meeting?

    September was supposed to be a bad month for stocks. It’s been great so far, but is the Fed about to change all that?

    Since the early 1970s, the benchmark S&P 500 index has lost an average of 0.52% in September. But this time, it’s different – since the start of the month, the index is up 3.3%.

    The sector leading the charge is industrials, which is up over 4%. In fact, all sectors are up except one; Utilities are down 0.4% in September.

    For the year, every sector is up, some substantially more than others. Health care is up 27% since the start of 2013, followed by consumer discretionary stocks (up 26%). The only two sectors up in the single-digits are telecom (4%) and utilities (6%).

    (Read: Stocks rally, Dow set for best week since January; all S&P sectors higher)

    But, hanging over the horizon are the potentially volatile clouds of the Federal Reserve Bank’s next move. Its Board of Governors meets tomorrow and the

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  • Best reason to sell Best Buy: Divorce?

    By Lawrence Lewitinn | Talking Numbers – Mon, Sep 16, 2013 6:00 AM EDT

    Is it worth buying Best Buy or should you shop somewhere else?

    Last year, Best Buy was one of the worst stocks in the entire S&P 500, losing half its value in 2012. This year, it’s one of the best performing stocks in the index – it’s up 220%.

    So, why did CEO Hubert Joly sell more than 451,000 shares for $16.7 million? Officially, it’s because he wanted to pay for his divorce.

    (Read: Best Buy CEO sells stock to help pay for divorce)

    However, Joly isn’t the only Best Buy insider to sell a sizeable amount of stock recently. Three weeks ago, it was revealed that founder Richard Schulze is selling part of his 20% stake for what he said was diversification reasons and to fund an educational charity.

    But this month, two other insiders – the company’s treasurer and it chief counsel – sold nearly 20,000 shares combined for about a quarter of a million dollars. All told, the four insiders sold 1.26 million shares for close to $46.7 million, $29.3 million of which was from Schulze’s planned

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  • It’s the fight of the Century.

    And while the world will be watching to see who wins the big boxing match this Saturday: Floyd ‘Money’ Mayweather or Saul ‘Canelo’ Alvarez, we are watching the fight among broadcasters.

    That’s because the business of televised boxing has roped in two heavy weights in the world of media: Time Warner’s HBO and CBS’ Showtime.

    So who will win in the fight for your pay-per-view money?

    Watch Steven Pytlar, Chief Equity Strategist at Prime Execution, and Steve Cortes, founder of Veracruz TJM duke it out on today’s Talking Numbers segment in Closing Bell.

    More from Talking Numbers:

    Bill Gross is selling bonds. Should you?

    Icahn: “Apple is a no-brainer”

    Why Russia is the “cheapest” major stock market in the world

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  • Is Twitter selling at the top?

    By Lawrence Lewitinn | Talking Numbers – Fri, Sep 13, 2013 1:27 PM EDT

    Is Twitter selling out at the top or is going public at just the right time for investors?

    It’s the most anticipated IPO of the year: Twitter has filed an S-1 form with the SEC, its first step on the road to selling shares on the public market. But, as the microblogging social network plans to go public, are they selling out at the top?

    The comparison between Twitter and Facebook are inevitable. Both are relatively young companies (Twitter was started in 2006, two years after Facebook). And, both started off perceived as something just for a young demographic.

    As well, both have become huge social and economic phenomena that transcend their businesses. Twitter and Facebook have become the way news is shared and both were integral in the early days of social upheavals such as the Arab Spring (during which Saudi Prince Alwaleed bin Talal invested $300 million in Twitter).

    (Read: Try squeezing these 2 Twitter questions into 140 characters)

    Details on Twitter’s business right now remain

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  • Pro: Fed could send gold down to $650

    By Lawrence Lewitinn | Talking Numbers – Fri, Sep 13, 2013 5:38 AM EDT

    Gold had a terrible day yesterday. And, it’s having a terrible month. Will the September swoon continue?

    Gold didn’t just have a terrible day yesterday, it’s also having a terrible month. But that’s nothing compared to what one closely-followed technician believes: He sees gold headed to $650 per ounce. More on that below but first, a little update:

    September has been a rough month for bullion. It’s down 5.4% this month, the worst start of a month since June. In contrast, the S&P 500 index is up 3%.

    What’s more, the yellow metal dropped 2.6% yesterday – the largest in two months –on two major stories: Syria and jobless claims.

    London traders took bullion down from $1,355 per ounce to $1,335 before the New York markets opened. That sell-off happened as the market perceived a lesser probability of a US air strike against Syria.

    Then, as the US markets began trading, the previous week’s jobless claims were released showing a 31,000 drop in unemployed to 292,000. Though much of that

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About Talking Numbers

TALKING NUMBERS is a fully integrated media experience, hosted by CNBC and Yahoo! Finance, that takes a 360° approach to trading-highlighting the best investment opportunities by analyzing stocks both a technical and a fundamental point of view. But TALKING NUMBERS will do more than just tell investors what to buy; it will show them HOW to buy. Our goal: teach viewers how to harness both technical and fundamental data points so they can become better investors.