Watching for a Rollover in This Real Estate ETF

Anticipating tops rarely works out for traders, but recognizing the potential for rollovers offers a much better risk-reward. Clearly, it isn’t perfect and you’ll have to sacrifice the bragging rights of top ticking a security, but bragging rights don’t pay the bills and tend to get a trader into trouble, so consider this approach well-served on multiple fronts.

Use a Value Momentum Investing Strategy This Year

Before I move on from reviewing 2016, I want to take a look at which models performed best during the year and how those top performers look as 2017 begins. The top performing model last year was made of stocks trading below book value that had high F-scores and high Altman Z-scores.

Conservatives really are better looking, research says

Research has found that being attractive influences many things in a person’s life – their salary , their popularity and grades in school, even the prison sentences they receive. So why not their politics? A recently published study in the Journal of Public Economics concludes that the attractiveness of a candidate does correlate with their politics.

Pace of Canadian housing starts rises in December: CMHC

CMHC said housing starts were higher in December on a seasonally adjusted annualized basis, but added that the six-month trend was down. The seasonally adjusted annual rate of housing starts across the country rose to 207,041 units in December, up from 187,273 units in November, Canada Mortgage and Housing Corp. reported Tuesday.

People on the move: 01/11

Submit professional appointments, management-level promotions and significant awards for individuals , along with photos as a .jpg attachment, via email to peopleonmove@orlandosentinel.com . Geeks and Nerds, a Huntsville, Alabama-based company operating in five states, has established an Orlando location and appointed Jeff Frost , program manager to head the new office.

Top U.S. trade official sounds alarm over protectionist policies

Outgoing U.S. trade ambassador Michael Froman warned Tuesday that America risks ceding its dominance of the global economy if President-elect Donald Trump follows through on promises to slap punitive tariffs on imports and abandon a sweeping trade deal with Asia. In prepared remarks for his final speech as the nation’s top trade negotiator, Froman did not mention Trump by name.

Erosion of “Judeo-Christian ethics” led to the rise of Trump

Al Sikes, a former chairman of the Federal Communications Commission under George H.W. Bush and Assistant Secretary of Commerce under Ronald Reagan, was a Never Trump conservative Republican who said he voted for independent presidential candidate Evan McMullin . Originally from a small town in Missouri, Sikes, 77, joined Salon Talks in a discussion about his book “Culture Leads, Leaders Follow,” The book describes how Sikes is dismayed with cultural leaders who he says appeal to “the lowest common denominator, and when their coarseness is criticized, the companies wrap themselves in the flag of free speech, as if to coarsen society were somehow a patriotic act.”

Gildan Wins Auction to Purchase American Apparel

Apparel maker Gildan Activewear has won the auction to acquire the American Apparel brand and certain company assets with an $88 million cash offer. The transaction is subject to bankruptcy approval on Thursday and is expected to be completed by early February, Gildan said in a statement this morning.

WD-40’s Earnings Should Frighten Everyone Looking for Dow 20,000

With the Dow Jones Industrial Average still hovering near the 20,000 milestone and the Nasdaq resting at a record, the bulls may want to stop and look at a can of WD-40 sitting on a shelf in a local Walmart and ponder their enthusiasm. Better yet, just spy WD-40’s fiscal first-quarter results as a possible tell on the lackluster earnings season that could lay ahead this month and derail the market’s post-Trump election momentum.

What the Pound’s Fall Tells You About Brexit

What happened yesterday with the British pound shows that investors still have not priced in the first, and possibly the most important, thing about Brexit: the fact that the U.K. will leave the European Union’s single market. The sooner they price that in, the better, because it means they can move on to pricing in other effects of last year’s referendum vote.

BHP Billiton Is Ready for Fresh Gains

We looked for a small consolidation/pullback before renewed gains — “prices could stall or even pull back to $36 or a tad lower. With the overall strength in BHP, I would consider this kind of shallow pullback a buying opportunity.”

Parrot Cuts Jobs After Drone Discounts at Christmas Hurt Profits

Parrot SA, the maker of toy drones you can fly from your phone, is cutting a third of its staff after lowering prices at Christmas to lure consumers from rivals including market leader SZ DJI Technology Co. Sales were short of what the company had forecast in the fourth quarter even as profitability fell in consumer drones, to a level unsustainable in the long-run, Parrot said Monday in a statement.

Goldman Promotes Elisha Wiesel to Chief Information Officer

Goldman Sachs Group Inc. named Elisha Wiesel, son of Holocaust survivor Elie Wiesel, chief information officer as the company fills roles created by the departure of President Gary Cohn for a job in the Trump administration. Wiesel, 44, currently chief risk officer of the securities division, will report to Martin Chavez, who was promoted from CIO to chief financial officer last month, the New York-based firm said Monday in a memo to staff.

Detroit Wants Something From Trump in Exchange for Those Tweets

The way Bill Ford tells it, you’d think he and Donald Trump are like two old buddies chitchatting all the time about cars, economics and taxes. “When needed, I can always get to him or he calls me,” Ford, the chairman of Ford Motor Co., said in an interview Monday at the North American International Auto Show in Detroit.

L’Oreal Buys Three Skincare Lines from Valeant for $1.3 Billion

L’Oreal shares traded higher in Paris Monday after the luxury group bought three skincare lines from Valeant Pharmaceuticals for $1.3 billion in a bid to expand its skincare portfolio. The Paris-based beauty and hair care product manufacturer entered an agreement to buy the skincare brands CeraVe, Acne Free and Ambi from Valeant.

Valeant to Sell $2.1 Billion in Assets to Pay Down Debt

Valeant Pharmaceuticals International Inc. agreed to sell about $2.1 billion in assets as the embattled Canadian drugmaker seeks to streamline its businesses and ease its debt burden. L’Oreal SA will pay Valeant $1.3 billion for three skincare brands, the Paris-based company Tuesday said in a statement.

SoftBank’s Son Cedes to Murdoch as Top India Home Portals Merge

Indian real-estate websites PropTiger.com and Housing.com are merging to create the country’s top portal for residential listings and property services, as Rupert Murdoch’s News Corp. boosts its investment in the growing sector while Masayoshi Son’s SoftBank Group Corp. scales back. REA Group Ltd., an Australian real-estate company controlled by News Corp., is putting $50 million into the new joint entity, while a SoftBank-owned affiliate is investing $5 million.

UBS’s China Head Sees M&A Deal Size Shrinking Amid Capital Curbs

Chinese companies’ overseas acquisitions will probably decline in size amid tighter government controls on currency outflows, according to UBS Group AG’s China head. While UBS isn’t feeling any impact from the capital controls on mergers and acquisitions yet, deals this year are more likely to be in the range of $1 billion to “a couple of billion” rather than the “elephant deals” seen last year, China President Eugene Qian said.

Kuwait Says OPEC, Russia to Fulfill Pledged Oil-Output Cuts

OPEC and its partners will fulfill their implementation of a deal to cut output, having already announced 60 to 70 percent of the promised curbs, Kuwait said. Countries including Saudi Arabia, the United Arab Emirates, Russia, Kuwait, Qatar and Iraq have announced cutbacks that account for the bulk of the deal reached last year, Kuwaiti Oil Minister Essam Al-Marzouk said Monday.

VietJet Forecasts 30% Profit Rise Ahead of February Listing

VietJet Aviation Joint Stock Co., the Vietnam carrier known for its bikini-clad flight attendants, expects profit to surge 30 percent this year on rising passengers as it prepares for its Ho Chi Minh City Stock Exchange listing debut in February. A total of 23 overseas investors bought 66.5 million shares — equivalent to about 14 percent of VietJet — during a pre-listing stake sale last month, billionaire founder Nguyen Thi Phuong Thao said.

Tesco emerges as Christmas winner as UK grocery inflation returns – Kantar

Britain’s biggest supermarket chain Tesco recorded the fastest growing sales of the country’s four largest players in the Christmas quarter, as inflation returned to the grocery market after more than two years of falling prices. Market researcher Kantar Worldpanel said Tesco sales grew 1.3 percent during the 12 weeks to Jan. 1, outperforming no.2 chain Sainsbury’s , whose sales fell 0.1 percent, Asda , down 2.4 percent, and Morrisons , up 1.2 percent.

Specialty pharmacies say benefit managers are squeezing them out

From its storefront in Union City, New Jersey, Prime Aid Pharmacy caters to patients with a range of ailments, from rheumatoid arthritis to hepatitis C. The business prides itself on getting patients their necessary drugs, employs a staff that speaks 10 languages and delivers medications by car in New York and New Jersey. “Especially during the winter, when mail deliveries don’t always get there on time, it’s very important to have local delivery,” said Yana Shtindler, the pharmacy’s administrator.

An $830,000 Horse, a Presidential Scandal and Samsung Succession

Samsung Group is getting pulled deeper into the scandal engulfing South Korea’s president with prosecutors homing in on whether an $830,000 horse and millions in other payments were made to smooth succession at the top of the country’s largest company. Special prosecutors summoned two top Samsung executives to answer questions Monday about the company’s role in an alleged influence-peddling scheme that has already led to President Park Geun-hye’s impeachment.