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
Have you ever heard of the Palmer Z Index? Me neither. But it’s something we’ll be hearing a lot about in coming weeks and months. This measure, compiled by the National Climatic Data Center, is a measure of soil moisture. And by the looks of things, dozens of… Read More
Weak stock prices and loads of idle cash spell one result: Buyout activity. In July, a number of rumored deals have either progressed — or even been consummated — and there’s plenty more to come. Here’s a quick recap of some possible deals, and how they’ve played out. GeoEye… Read More
This it truly turning out to be a summer of discontent. The high heat that is baking much of the nation has led to the thought of vacations sitting by the air conditioner. Turning on the computer gives little respite for active investors. After a tough second quarter, the third… Read More
Imagine a train speeding down a track, just a few miles away from a wall that it will crash into. You can’t see the wall yet, but you’re told it’s there anyway. As the train chugs down the track, the wall gets closer until it comes into view. Before long,… Read More
The first law of economics is the lone rule when it comes to commodity prices and commodity stocks. Surplus creates price drops and shortages spur price increases. For copper miners, one side of the… Read More
You don’t want to be loading up on retail stocks right now. Signs are emerging that the back-to-school shopping season will be lackluster, and the mid-term outlook for the end-of-year holiday shopping season is likely to be equally sobering. The dim outlook has already been discussed by an increasing number… Read More
In downtown Manhattan, the bankers are getting bored. So far in July, there have been only three small IPOs completed, after the markets welcomed nine new issues in June, 14 in May and 22 in April. Though the spigot has slowed to a trickle, these bored bankers will soon be… Read More
We can say this about Wall Street strategists: They are usually wrong before they are right. Back in February, I noted that many of the top market forecasters were calling for a challenging market. Many of them thought… Read More
The investing herd can be quite curious. Investors tend to slowly react to major trends, and then get in a rush to embrace that trend because of timeliness. I’ve been thinking about the herd, and why it simply fails to respond to all… Read More
Investors have had to rethink everything they know about airline stocks during the past few years. The considerable pain caused by the economic downturn of 2008 forced the airlines to make drastic moves. They aggressively cut labor costs, found new ways to charge for items that were previously free (such… Read More
