Hedge fund guru John Paulson thinks Treasury yields are going to rise, and he and other hedge fund managers are positioning their portfolios to benefit. Paulson recently told the Financial Times that he has been buying options that would make money if Treasury rates rise. The Times reports that TPG-Axon’s Dinakar Singh has been making [...]
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Archive | December, 2009
Birinyi: History Shows Rally Doesn’t Have to Stop
December 24, 2009
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Laszlo Birinyi, who called the current market rally, sees stocks’ bullish run continuing into 2010. Birinyi tells Bloomberg that the economy will surprise to the upside, and that there will be more and more of a “drift” back toward stocks. He also says history shows that while the rally has been fast and steep, a [...]
Read moreGuru Strategy Rating Changes: Stocks on the Move
December 23, 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.
Read moreTop Timing Newsletters Bullish Heading into 2010
December 22, 2009
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As the new year approaches, the investment newsletters with the best track records of success in both up and down markets are on the whole bullish, MarketWatch’s Mark Hulbert notes. According to Hulbert, the average recommended exposure to the domestic equity market among the newsletters making his 2010 “Honor Roll” is 82%, significantly higher than [...]
Read moreTop Strategists See Moderate Gains in ’10
December 22, 2009
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The strategists that Barron’s surveyed for its 2009 investment outlook have ended up faring pretty well as a group, with their average S&P 500 forecast of 1045 coming in about 6% below the index’s current level. Now, the dozen strategists that Barron’s is surveying this year are predicting more modest gains for 2010. The strategists [...]
Read moreTrahan, Hyman on What to Expect in 2010
December 21, 2009
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In a new interview with WealthTrack’s Consuelo Mack, ISI Group’s Francois Trahan and Ed Hyman — two of the top-rated strategists in their fields — offer their takes on where the market and economy will head in 2010. Trahan, ISI’s chief investment strategist and Institutional Investor magazine’s 2008 top-ranked investment strategist, told Mack that he [...]
Read moreMetrics to Watch in 2010: Confidence, Unemployment
December 18, 2009
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As part of its 2010 preview, PBS NewsHour asked some top economists what they think will be the key economic metric to watch in 2010. Robert Shiller, the Yale economist and housing bust predictor, says the key metric will involve confidence — specifically question x4 of the survey used in the Michigan Consumer Sentiment Index. [...]
Read moreEmerging Markets Still Offering Opportunities, Mobius Says
December 18, 2009
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Have emerging markets rallied too far too fast? Mark Mobius says no. Mobius, the longtime Templeton Asset Management manager, tells BusinessWeek that emerging market stocks are still selling at reasonable values, and that he’s finding good buys in China, Brazil, and a number of smaller emerging and frontier markets. While investors shouldn’t expect the same [...]
Read moreGross Decreases Gov’t Debt, Adds to Cash Position in Bond Fund
December 18, 2009
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We recently highlighted how PIMCO’s Bill Gross has been touting high-yielding utility and telecom stocks, in large part because ultra-low interest rates are making many bond yields unappealing and money market accounts almost useless for those looking to growth their cash. In terms of what to do with extra cash, Gross doesn’t seem to think [...]
Read moreOberweis: Look to Small-Cap Growth, and China
December 18, 2009
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Newsletter guru Jim Oberweis says that growth stocks are entering a period of above-average returns, and that small-caps and Chinese firms offer potential for serious growth. “While the overall U.S. economy may indeed exhibit a muted recovery, plenty of companies will thrive, particularly among small-cap stocks,” Oberweis writes in his latest Forbes colunn. “Many niche-oriented [...]
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