David Sterman has worked as an investment analyst for nearly two decades. He started his Wall Street career in equity research at Smith Barney, culminating in a position as Senior Analyst covering European banks. While at Smith Barney, he learned of all the tricks used by Wall Street to steer the best advice to their top clients and their own trading desk. David has also served as Managing Editor at TheStreet.com and Director of Research at Individual Investor. In addition, David worked as Director of Research for Jesup & Lamont Securities. David has made numerous media appearances over the years, primarily on CNBC and Bloomberg TV, and has a master's degree in management from Georgia Tech. David Stermanon

Analyst Articles

OK, I’m always the first to admit it. When it comes to investing in Chinese stocks, I’m a bit of a skeptic.  That’s why I’ve opted to get investment exposure to China only through mega-multinational companies such as PepsiCo (NYSE: PEP), McDonald’s Corp. (NYSE: MCD) or General Electric (NYSE: GE).#-ad_banner-# I’ve always sided with the bears, who contend China’s economic numbers can’t be trusted because the command-and-control nature that the government has over the economy. Read More

OK, I’m always the first to admit it. When it comes to investing in Chinese stocks, I’m a bit of a skeptic.  That’s why I’ve opted to get investment exposure to China only through mega-multinational companies such as PepsiCo (NYSE: PEP), McDonald’s Corp. (NYSE: MCD) or General Electric (NYSE: GE).#-ad_banner-# I’ve always sided with the bears, who contend China’s economic numbers can’t be trusted because the command-and-control nature that the government has over the economy. However, I’m also a big fan of emerging markets and telecom stocks. That’s why I just can’t deny the relevance of state-owned China Mobile Ltd‘s (NYSE: CHL) role in this investment theme. With nearly 600 million subscribers, China Mobile holds the position as the world’s largest wireless provider by market capitalization, with a whopping $227 billion. China’s economic growth has resulted in a rising middle class and telecom providers are usually one of the first sectors to benefits from this rise. Read More

They’re the creme de la creme of the income universe.  Each one has increased its dividend every year for at least two decades… some sport track records with more than 50 years of consecutive dividend increases. All told, these stocks are some of the most reliable dividend payers on the planet.  #-ad_banner-#I’m talking about the S&P 500 “Dividend Aristocrats” and their kissing cousins, the S&P “High-Yield Dividend Aristocrats.”  To become a member of these elite groups, a company must pay a regular… Read More

They’re the creme de la creme of the income universe.  Each one has increased its dividend every year for at least two decades… some sport track records with more than 50 years of consecutive dividend increases. All told, these stocks are some of the most reliable dividend payers on the planet.  #-ad_banner-#I’m talking about the S&P 500 “Dividend Aristocrats” and their kissing cousins, the S&P “High-Yield Dividend Aristocrats.”  To become a member of these elite groups, a company must pay a regular dividend, but it must also enjoy a stellar track record of growing that dividend every year for at least 20 years. With such stringent membership criteria, only about 70 U.S. companies make the grade. As you’d expect, a wide variety of industries are represented. You’ll find an overweighting of consumer staples such as Procter and Gamble (NYSE: PG) and Kimberley Clark (NYSE: KMB), and a healthy chunk of electrical utilities, such as Consolidated Edison (NYSE: ED) and Northwest Natural Gas (NYSE: NWN). But there’s one group that makes the list that you would probably… Read More

Markets move in cycles of varying lengths. Some indicators, like the relative strength index (RSI), are based on that idea. RSI was designed by J. Welles Wilder for the commodity markets and some traders believe that commodities move in line with a 28-day cycle. In fact, some traders, including Wilder, believed that the phase of the moon had a large effect on commodity market prices. Default values for calculating RSI are set to 14 days, one-half of the cycle length or… Read More

Markets move in cycles of varying lengths. Some indicators, like the relative strength index (RSI), are based on that idea. RSI was designed by J. Welles Wilder for the commodity markets and some traders believe that commodities move in line with a 28-day cycle. In fact, some traders, including Wilder, believed that the phase of the moon had a large effect on commodity market prices. Default values for calculating RSI are set to 14 days, one-half of the cycle length or about one-half the length of a lunar month.#-ad_banner-# I’m not convinced a lunar calendar can help anyone time trades, but the idea of cycle analysis does make sense. In particular, there is a business cycle where the economy alternates between contraction and expansion. This cycle varies in length but averages about four years. Martin Pring recognized the importance of considering several cycles and developed an indicator he called Know Sure Thing (KST) to look at short-term, intermediate-term and long-term cycles.  “I’ve learned after all my years trading… Read More