I’m about to praise my own stock-picking prowess to the heavens, but before I do, a little background is in order. I have been trading and managing money for 30 years. I’m still a stock picker at heart, but now I only do it for my own account, my family, and for consulting clients who …
Month: December 2018
As Brian Williams of MSNBC likes to say, “well, that gets your attention.” Today’s market action was truly remarkable in several ways. I will try my best to dissect what happened, and what it may mean going forward. Let’s start with the raw numbers from today and place them in the context of market history …
Below is a table of bargain stocks. What makes them bargains? First, they are trading below book value. Second, they have quality ratings of average or higher. No junk here. Third, the analyst community rates all of them as neutral or higher. Again, no junk here. This is a watch list, not a buy list. …
There has now been enough damage done to investor portfolios to bring up the big question: Should I stay, or should I go. (H/T to The Clash.) As is our custom, we reached out to the traders and portfolio managers who control roughly 20% of the market. What they have to say has weight. Here …
Today was another very ugly day in the market. How bad was it? What should an investor do now? Let’s all take a breath and assess the damage from today’s market action. First, we’ve seen worse. The S&P 500 was down 2.08% today, which puts it in the bottom 9.4% of all trading days since …
Here is our list of bargains that should be on your watch list. Exxon Mobil [XOM]. Trading at a 13.5 P/E and paying a 4.2% dividend. The stock is down because the price of oil is down. But the price of oil will not stay down forever, and when it recovers, XOM will deliver capital …
How bad was today’s market action from an historical perspective? Today’s market decline was a real doozey. I describe it like this: today was a “make the rubble shake” drop in the market. We just came off a 10% correction in October-November, and the dip-buyers finally showed up to rally the troops and push the …
Every pundit, newsletter writer, broker, investment manager, and financial adviser has a model portfolio. This article combines the best of the best, from professionals whose compensation depends on performance, not the amount of assets they attract. Here at the Whisperer we have scoured the universe of model portfolios that are touted by the investment industry. …
After rounding up the usual suspects and asking them to comment, off the record, on what they are seeing on their trading desks, here’s what I’ve found. The consensus of Wall Street traders is that this rally is just a dead-cat bounce. They expect the S&P 500 to run for a couple more days and …
As always, we start with a list of roughly 100 picks and cull it down to a more manageable 20 names that represent high-conviction bets by the Smart Money. The november picks performed very well, producing alpha of 7.2% for the month. There were winners and losers, but the net result was very successful. …