Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the John Neff-inspired strategy, which has beaten the market by more than 3 percentage points per year since its inception more than six years ago. Below is an excerpt from today’s […]
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Archive | May, 2010
Biggs, Mobius Sounding Bullish
May 28, 2010 
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Hedge fund guru Barton Biggs says he thinks the market is ready to “pop”, and that the upturn will come very soon. “I think [stocks] are going to stabilize in this general area, and then we’re going to have a significant move to the upside,” Biggs tells Bloomberg. “The market is very, very oversold, and […]
Read moreFisher: European Fears Overblown
May 28, 2010 0 Comments
In his latest Forbes column, Kenneth Fisher says that fears about Europe’s debt problems are overblown, and that credit ratings agencies have only added to the hype. “It’s simply astounding, after all we’ve seen in recent decades, that anyone pays attention to credit ratings put out by the officially sanctioned rating agencies,” Fisher writes. “Moody’s […]
Read moreYacktman Playing Defense, Waiting for Opportunities
May 28, 2010 0 Comments
Donald Yacktman has been one of the top mutual fund managers of the past decade, and in a new interview with Barron’s he discusses parts of his value-centric strategy. According to Barron’s, Yacktman looks for well-run firms, particularly those whose stocks are getting beaten up. “When we buy something, we try to look at it […]
Read moreKass: Volatility Distracting Investors from Positives
May 28, 2010 0 Comments
Columnist and money manager Doug Kass tells CNBC that the recent market turbulence is distracting investors from good news about the U.S. economy, and that high-frequency trading has “so screwed up the market that you can throw out all technicals”. Kass says that while there are fundamental headwinds, the market is offering a strong 8% […]
Read moreHussman: More Trouble Ahead
May 28, 2010 0 Comments
Top fund manager John Hussman is seeing more trouble on the horizon for stocks. Hussman tells Bloomberg that there has been “strong deterioration” in market internals, and that such deterioration has historically been followed by market declines over the next 12 weeks and the next 12 months.
Read moreHulbert: Two Top Forecasting Models Bullish
May 26, 2010 0 Comments
Given the recent economic and market turmoil, there’s been a resurgence of pundits warning of a double-dip recession, or another major market crash. But newsletter-tracker Mark Hulbert says two econometric forecasters with excellent long-term track records are bullish right now. The first is Sam Eisenstadt, the former Value Line research chairman. His model predicts that […]
Read moreGuru Strategy Rating Changes: TLK, FOSL on the Move
May 25, 2010 0 Comments
Each week, we take a look at which stocks John Reese’s 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 John’s strategies have upgraded or downgraded today. Among the movers: PT Telekomunikasi Indonesia and Fossil, Inc., both of which are being […]
Read moreTilson Shorting Homebuilders
May 25, 2010 0 Comments
Whitney Tilson, one of the few who saw the housing crash coming, says the housing market now stands “on a precipice”, and says he’s shorting homebuilders. Tilson says it’s unclear which way the housing market will tip. Affordability and mortgage rates are good right now, he says, but millions of people are underwater on their […]
Read moreReese on Wall Street’s Most Unheralded Guru
May 24, 2010 0 Comments
In the latest issue of Forbes Magazine, Validea CEO John Reese takes a look at one of investing history’s most unassuming stock market gurus, Joseph Piotroski. Piotroski, Reese writes, isn’t a slick, smooth-talking hotshot like Gordon Gekko (Michael Douglas’s Wall Street character). Instead, he’s a college accounting professor. But, Reese adds, Piotroski has had more […]
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