Stock Picks

Bill Fleckenstein - Fleckenstein CapitalNoted short seller and hedge fund manager Bill Fleckenstein was interviewed on Bloomberg TV a couple of days ago.  He touched on the topics of JP Morgan and financials in general, along with his view of the European dilemma.

Fleckenstein had been quoted as saying he wouldn’t buy JP Morgan if a gun was put to his head before the recent trading losses were exposed.

Click To Continue →

{ 0 comments }

Ken Fisher - Fisher InvestmentsIn the latest issue of Forbes Magazine, Ken Fisher, money manager and author of several books including Markets Never Forget (But People Do): How Your Memory Is Costing You Money-and Why This Time Isn’t Different provides several investment ideas, along with books he recommends. Fisher advises he has been collecting investment books most of his adult life and one of his favorites is Edwin Lefèvre’s Stock Market Manipulation.

Fisher touts four other books including Lefèvre’s Reminiscences of a Stock Operator, Benjamin Graham and David Dodd’s Security Analysis, Roger Babson’s pre-1929 Business Barometers for Anticipating Conditions and, Modern Book Collecting by Robert Wilson.

Click To Continue →

{ 1 comment }

Wilbur Ross: Investing in Natural Gas and Ireland

by Barron Maestro on May 16, 2012

Wilbur Ross - WL Ross & Co.Energy stocks (oil, coal, natural gas) have been remarkably weak lately. Chesapeake Energy (CHK), the large natural gas producer, recently hit its lowest price in over 3 years.

Wilbur Ross, “private equity legend and master of the turnaround,” was on CNBC’s Fast Money yesterday.  Ross commented on the turnaround potential of natural gas.

Click To Continue →

{ 0 comments }

Mark Skousen: Stocks are Better Than Gold Right Now

by Barron Maestro on May 3, 2012

Mark Skousen - Forecasts and StrategiesLong-time newsletter (Forecasts and Strategies) writer Mark Skousen was interviewed on the Nightly Business Report last Friday. Skousen was optimistic on the stock market, while downplaying the prospects for gold.

Skousen said the gold market looks tired with technical indiators showing a topping out pattern. He sees the era of excessive government spending and borrowing gradually coming to an end, with politicians moving towards austerity, which is bad for gold.

Click To Continue →

{ 0 comments }

Pat Dorsey Says Market Doesn’t Need More QE

by Barron Maestro on April 27, 2012

Pat Dorsey - Sanibel Captiva TrustPat Dorsey, Vice Chairman, Director of Research & Strategy, The Sanibel Captiva Trust Company, was on CNBC stating the bullish case for stocks which he claimed have been propelled by their own earnings power. Dorsey was formerly the director of equity research at Morningstar.

Dorsey reminded us that the Fed’s bond buying episodes have been started and stopped in fits and starts and stocks haven’t been “smoked” during any of those times.

Click To Continue →

{ 0 comments }

Gary Kaltbaum Sees a Possible 10% Pullback Ahead

by Barron Maestro on April 26, 2012

Gary Kaltbaum - Kaltbaum Capital ManagementThe indomitable Gary Kaltbaum, owner of Kaltbaum Capital Management and host of a national radio show, was on Fox Business News on April 20th predicting a pullback in the stock market.

Kaltbaum said a 10% correction would be a good thing. He feels bullishness has picked up too much and doesn’t like all the IPOs doubling. If we get that kind of stiff correction, Kaltbaum would buy the market.

Click To Continue →

{ 0 comments }

Charles Payne: Investing in Agriculture

April 26, 2012

Fox Business New’s Charles Payne laid out the bullish case for agriculture stocks. Payne specifically recommended Mosaic (MOS), producer of phosphate and potash based fertilizer. According to Payne, Mosaic gave an update on their guidance and things are looking much better at the top end of their range. They had a strong early spring season [...]

Read More →

Steve Leuthold: Apple is Not Overpriced, Airlines are Attractive

April 24, 2012

Last week Steven Leuthold, founder of The Leuthold Group, was interviewed by Betty Liu, Dominic Chu and Josh Lipton on Bloomberg’s “In the Loop” regarding his stock market outlook for the rest of the year. Leuthold said he invested in banks (Bank of America, Citigroup) a few months ago when no one was interested in [...]

Read More →

Doug Kass is a Believer in the Big Banks on Rebounding Real Estate

April 17, 2012

Citing housing affordability and pent-up demand, Doug Kass told CNBC’s Maria Caruso Cabrera he would put money in the big banks with large real estate exposure. Kass mentioned there had been a decisive positive turn in the jobs market, mortgage rates are at generational lows, and housing surveys are improving along with consumer confidence.

Read More →

Randall Eley: No Bear Market in Foreseeable Future

March 26, 2012

Long-time market observer Randall Eley, of the Edgar Lomax Company, was the guest market monitor on the latest Nightly Business Report. The host, Tom Hudson, asked Eley whether the 11 percent rise for the market (S&P 500) so far this year was too much too fast. Eley replied it was absolutely, but he didn’t expect [...]

Read More →