When it comes to recessions, particularly bad ones like that which we’re seeing now, the strong survive. Good companies persevere, and pick up market share from their weaker rivals, which can lead to big stock price gains — or so the theory goes. But Francois Trahan, the chief investment strategist at International Strategy & Investment [...]
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Archive | July, 2009
Guru Rating Changes: Amazon Looking Up, Expedia Falling
July 14, 2009
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Each week, I take a look at which stocks my Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks that my strategies have upgraded or downgraded today. Some big names are on the move, including Amazon.com and Expedia.
Read moreBuffett’s Three Rules for Average Investors
July 13, 2009
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Warren Buffett’s always been one to keep things simple. And in a recent interview with ABC, he laid out three broad rules that individual investors should follow if they want to grow their money and keep it safe: If it seems too good to be true, it probably is. Always look at how much the [...]
Read moreTop Timing Newsletter Cashes Out
July 13, 2009
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MarketWatch.com’s Mark Hulbert reports that Dan Sullivan, whose newsletter The Chartist has been the most successful that Hulbert Financial Digest has tracked over the past three decades, has moved all of his model portfolios back into cash. Back in April, Sullivan, who had presciently cashed out of stocks in January 2008, moved half the cash [...]
Read moreTilson on the Market, Emotion, and Why Not to “Be a Hero”
July 10, 2009
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In a recent interview with Steve Forbes, value investor Whitney Tilson — who called the housing bust — says that he expects it will be another 12 months before the economy bottoms, but adds that he still sees plenty of opportunities in the market. Tilson says his hedge funds have scaled back their equity positions [...]
Read moreHot List: Familiar Faces, Familiar Trends
July 10, 2009
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In the latest issue of the Validea Hot List newsletter, John Reese says his models are again picking up some stocks they’d been keen on earlier in the year, and says he’s seeing signs of a market returning to normalcy. That’s not to say that all’s well, he adds, but it does appear that the [...]
Read moreKeep Steering Clear of Long-Term Treasuries, Hulbert Warns
July 10, 2009
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In his latest column for Barron’s, Mark Hulbert warns that “a careful analysis of the bond market leads to the same conclusion as six months ago: Long-term bets in the U.S. Treasury market would certainly appear to have a low probability of success.” According to Hulbert, the current 30-year Treasury yield (4.3%) isn’t nearly high [...]
Read moreBuffett: Second Stimulus Could Be Needed
July 10, 2009
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In an interview with ABC, Warren Buffett discusses the state of the economy, where things are headed — and his thoughts on whether a second stimulus package is needed. Buffett also says which market index he follows most closely to get an idea of current conditions, and it’s one that might surprise you.
Read moreGuru Strategy Rating Changes: Sysco Gains, Coke Slides
July 8, 2009
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Each week, I take a look at which stocks my Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks that my strategies have upgraded or downgraded today. Among the big names on the move: Coca-Cola, Sinopec, Sysco, Coach, and Mattel.
Read moreDorfman: Rally Still Has Legs
July 7, 2009
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Columnist and money manager John Dorfman, who called the recent upturn in the market, says he believes the rally is sustainable until at least early 2010, in large part because the economy is on the mend. “To be sure, not all signs point to the rally continuing,” Dorfman writes in the Asbury Park Press. “On [...]
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