Columnist and money manager Doug Kass is standing by his earlier call that the S&P 500 has hit its high for the year, but says current conditions make for a “fertile environment” for stock-pickers and traders. “My guess is that the risk/reward has tilted slightly more positive based upon the strength of the domestic economy […]
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Archive | November, 2010
Wien Still Bullish on China
November 30, 2010 
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While potential interest rate hikes in China have concerned investors, Byron Wien says he remains bullish on the country. Wien, the vice chairman of Blackstone Advisory Services, tells Yahoo! TechTicker that China has been successful in confronting every economic problem it has faced, and that its authoritarian government actually makes addressing economic problems easier than […]
Read moreDreman-Inspired Approach Beats Market by Finding Hidden Gems
November 26, 2010 0 Comments
In his latest article for Seeking Alpha, Validea CEO John Reese takes a look at his David Dreman-inspired strategy, which is handily beating the market both this year and over the long haul. “While most of the gurus upon whom my ‘Guru Strategies’ are based are contrarians, one stands out among all the others: David […]
Read moreHulbert: Black Friday Not an Indicator of Market Performance
November 26, 2010 0 Comments
The investment world usually waits with bated breath to see how “Black Friday” goes, assuming that the big holiday shopping kickoff will be a sign of consumers’ financial health and their willingness to spend during the biggest shopping season of the year. That often drives the market upward or downward in the day or two […]
Read moreBiggs: Economy Improving, Big Market Gains Could Be Coming
November 26, 2010 0 Comments
While many are fearful about the repercussions of the Irish debt crisis, hedge fund manager Barton Biggs says both the U.S. and global economies are improving. Biggs tells Bloomberg that he has about half his portfolio in emerging markets, mostly in Asia, and half in U.S. stocks. He also says that, “all things being equal”, […]
Read moreA Look Inside a Little-Known Fund Star
November 26, 2010 0 Comments
Dennis Delafield and Vincent Sellechia’s little-known Delafield Fund has beaten 99% of funds in its category over the past five and ten years, and the latest issue of Financial Planning magazine takes a look at how the two managers have fared so well. The fund allows Delafield and Sellechia to roam the entire market, regardless […]
Read moreBogle: Focus on U.S. Equities, Not International Stocks
November 25, 2010 0 Comments
Vanguard founder Jack Bogle says stocks could double in the next decade, far outpacing bonds, but also says the global economy is in worse shape than many realize. “I expect stocks will have a dividend yield of about 2 percent, with stock price appreciation of maybe 6 percent from earnings growth,” Bogle recently told CNBC […]
Read moreBolton Sees Multi-Year Bull; Favors Growth Stocks
November 24, 2010 0 Comments
Anthony Bolton, one of the U.K.’s top fund managers, says he thinks the bull market in equities has a ways to go, and says the bull is now in a phase in which growth stocks should fare well. “I think we are in a multi-year bull market,” Bolton told InvestorDaily, an Australian subsidiary of Morningstar. […]
Read moreGuru Strategy Rating Changes: Microsoft Rising, Nokia Falling
November 24, 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 names: Microsoft and Blackrock, Inc.
Read moreEinhorn on Gold, Apple, and Lessons from the Crisis
November 22, 2010 0 Comments
Hedge fund guru David Einhorn says gold has the biggest position in his portfolio, due to concerns about the U.S.’s monetary and fiscal policies and questions about the currencies of other big nations. Einhorn tells WealthTrack’s Consuelo Mack that in the stock market, he’s finding more good opportunities on the short side than the long […]
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