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
(Editor’s note: the stop-loss for this trade has been revised.) The global energy picture is changing so fast that it’s getting hard to keep up. In just the last five years, we’ve seen: • Crude oil briefly spike above $140 a barrel in… Read More
Whenever financial markets start to sell off, I can’t help but remember the scene from “Trading Places” (perhaps the greatest investment business movie of all time) when Eddie Murphy discusses pork-belly trading strategy with stodgy commodities brokers Ralph Belamy and Don Ameche. Murphy’s streetwise character — Billy Ray Valentine —… Read More
Despite what any financial academic or index fund advocate tells you, the market isn’t perfectly rational. If it were, then it would be impossible to identify a stock that is meaningfully undervalued. There would literally… Read More
Even in the middle of summer, the high temperature in Svalbard, Norway rarely climbs above 45 degrees Fahrenheit. At night, temperatures often dip below freezing. In the heart of winter, temperatures can dip to as low as -30 degrees Fahrenheit — at that temperature water freezes almost instantaneously. Read More
Another week, another rally? The market began the current trading week on a high note once again, and it seems as if this bull just can’t be stopped. The S&P 500 has moved higher in 13 out… Read More
As the market rises steadily higher, it’s getting harder to find true bargains. And though a wide range of good stocks still have reasonably-priced shares, any market pullback would send most stocks lower from their 52-week highs. … Read More
Despite widespread pessimism and a whole lot of volatility, the Dow Jones Industrial Average and S&P 500 have both gained roughly 25% a year for the past three years. I think the bull market could continue for quite some time, maybe another three or… Read More
Warren Buffett is no fan of short-term trends. Rather than focusing on the flavor of the minute, Buffett instead fixates on trends that will last decades. And then he makes a fortune off of them. Take his investment in Coca-Cola (NYSE: KO), for example. Read More
The S&P 500 is up 11% year-to-date. But there is another rally that is getting less attention: U.S. Treasury yields have been on the rise. Short-term Treasury yields have inched up throughout 2012, while longer-term Treasuries have bumped up only… Read More
The stock market is a game of expectations. And one of the best ways of gauging investor expectation is by looking at a stock’s price-to-earnings ratio, or P/E for short. As readers of my Game-Changing Stocks newsletter know, I like… Read More
