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 big-name movers:PepsiCo and China Petroleum & Chemical Corporation.
Read more
Archive | August, 2010
Kass: Time to “Re-Risk” Is Near
August 24, 2010
0 Comments
Money manager and columnist Doug Kass, who has made some very good calls in the past couple years, is getting “longer” on stocks. “I think it’s approaching a time to re-risk,” Kass tells CNBC. “If the market continues to decline, I will expand the long book further.” He says he’s buying financials, including Bank of [...]
Read moreHussman Sees “Abrupt Collapse” Coming for Dollar
August 23, 2010
10 Comments
In his latest market commentary, top fund manager John Hussman continues to express a bearish view, and says that more quantitative easing by the Federal Reserve is likely to trigger “an abrupt collapse in the foreign exchange value of the U.S. dollar”. Hussman offers something of a primer on exchange rates, and concludes by saying [...]
Read moreFear Has Fisher Bullish
August 23, 2010
0 Comments
Investors have been fleeing stocks in a hurry in recent months, and that has top money manager Kenneth Fisher feeling bullish. “I’m never going to be bearish when people are pessimistic,” Fisher said in an interview on “Bloomberg Surveillance” with Tom Keene. “My bias when pessimism is high is to own equities.” Fisher is particularly [...]
Read moreSiegel on the “Bond Bubble”
August 23, 2010
0 Comments
Author and Wharton Professor Jeremy Siegel says a bubble is forming in the bond market, and that those who continue to rush into bonds are making the same kind of mistake investors made back during the technology bubble of the late 1990s. Siegel tells CNBC that investors are showing “tremendous risk aversion” of the order [...]
Read moreBuffett, Icahn, and Paulson all Busy in Q2
August 20, 2010
1 Comment
The firms of several top investors were busy buying and selling stocks during the second quarter, and CNNMoney.com recently highlighted the moves of three of them. For starters, Warren Buffett’s Berkshire Hathaway added significantly to its position in Johnson & Johnson, CNNMoney reports. Berkshire also opened a new position in Fiserv, and upped its stakes [...]
Read moreLittle-Known Guru Generates Big Profits
August 20, 2010
0 Comments
In his latest article for Canada’s Globe and Mail, Validea CEO John Reese takes a look at the Guru Strategy he bases on the writings of Joseph Piotroski, a little-known accounting professor who authored an influential stock-picking paper. “Mr. Piotroski’s approach started with a variable many investors had used before: the book-to-market ratio (the inverse [...]
Read moreThe Double-Barreled O’Shaughnessy Approach
August 20, 2010
0 Comments
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 James O’Shaughnessy-inspired strategy, which has averaged more than 7% annualized returns since its inception more than seven years ago, over a period in which the S&P 500 has returned about [...]
Read moreFisher on the Perils of Market Timing
August 18, 2010
0 Comments
In his latest Forbes column, Ken Fisher says that fund investors who try to time the market play a dangerous game. “Plenty of funds have fine long-term returns despite being tax inefficient and generally costly,” Fisher writes. “But a dirty secret is this: Average, no-load fund investors do much worse than the funds — or [...]
Read moreGuru Strategy Ratings: Amazon, Sysco on the Move
August 17, 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 big-name movers: Amazon.com and Sysco.
Read more
