Byron Wien’s Advice on Sectors to Accumulate and Avoid
Byron Wien, Blackstone Advisory vice chairman, overseeing $210 billion of assets under management, was on Fox News a couple of days ago contributing his perspective on various stock market sectors and gold. Wien said at the beginning...
- Posted February 27, 2013
Stocks Have Hit Intermediate Term Top: Marc Faber
Speaking to CNBC’s Melissa Lee yesterday, Marc Faber, publisher of the Gloom Boom and Doom Report said the market had recently formed an intermediate term top. Regarding an imminent crash, Faber said the market wasn’t as overbought...
- Posted February 22, 2013
Martin Zweig Death Reported
The death of Martin Zweig, author of Winning on Wall Street and a frequent panelist on Wall Street Week, was reported yesterday. Zweig’s realistic assessment of the prospects for stocks was a refreshing change from the usually...
- Posted February 19, 2013
Alan Greenspan: Stock Prices are a Major Factor in Economic Activity
Alan Greenspan was on CNBC with Maria Bartiromo yesterday commenting on the odds of the sequestration, or automatic government spending cuts, occurring in a couple of weeks (March 1st deadline), and what effect it would have on...
- Posted February 16, 2013
Notes from Jeremy Grantham’s Latest Letter
Long-time market tactician and observer Jeremy Grantham, of the money management firm Grantham Mayo Van Otterloo (GMO), released his typically long quarterly letter last week. Like his last letter Grantham expounds on the factors which will...
- Posted February 15, 2013
Bill Miller: Bond Bubble as Big as Housing, Internet Bubbles
Consuelo Mack of Wealthtrack had a very interesting, and quite lengthy conversation with Legg Mason’s infamous mutual fund manager, Bill Miller. His Legg Mason Opportunity Trust mutual fund has risen from the ashes of a horrible 2011...
- Posted February 14, 2013
Charles Payne Suggests an Infrastructure Play
Fox Business Network contributor Charles Payne provided an idea to capitalize on what he sees as an worldwide infrastructure spending wave. Payne sees this capital goods stock moving ahead of the fundamentals as its stock just broke...
- Posted February 13, 2013
Mario Gabelli on Two Stocks That Will Double
Mario Gabelli, Gamco Investors chairman, CEO & CIO, was on CNBC yesterday with Joe Kernen touting two stocks he believed would double in price. Kernen noted that everything would double given enough time. Gabelli replied looking back...
- Posted February 13, 2013
Mike Santoli: Stock Spinoffs Had a Very Good 2012
Barron magazine’s Mike Santoli has written about the superlative outperformance of spun-off stocks last year. The vagaries of this subsection of the stock market have been written about frequently over the years. Entire books have been devoted...
- Posted February 11, 2013
Robert Shiller Debunks Housing as an Investment
Robert Shiller, Yale University professor and author, and the co-creator of the S&P/Case-Shiller Home Price Index, was interviewed this week by Bloomberg’s Adam Johnson and Trish Reagan (video below). Admitting there currently appeared to be upward momentum...
- Posted February 9, 2013