Biggs, Mobius Sounding Bullish

Hedge fund guru Barton Biggs says he thinks the market is ready to “pop”, and that the upturn will come very soon. “I think [stocks] are going to stabilize in this general area, and then we’re going to have a significant move to the upside,” Biggs tells Bloomberg. “The market is very, very oversold, and […]

Fisher: European Fears Overblown

In his latest Forbes column, Kenneth Fisher says that fears about Europe’s debt problems are overblown, and that credit ratings agencies have only added to the hype. “It’s simply astounding, after all we’ve seen in recent decades, that anyone pays attention to credit ratings put out by the officially sanctioned rating agencies,” Fisher writes. “Moody’s […]

Yacktman Playing Defense, Waiting for Opportunities

Donald Yacktman has been one of the top mutual fund managers of the past decade, and in a new interview with Barron’s he discusses parts of his value-centric strategy. According to Barron’s, Yacktman looks for well-run firms, particularly those whose stocks are getting beaten up. “When we buy something, we try to look at it […]

Kass: Volatility Distracting Investors from Positives

Columnist and money manager Doug Kass tells CNBC that the recent market turbulence is distracting investors from good news about the U.S. economy, and that high-frequency trading has “so screwed up the market that you can throw out all technicals”. Kass says that while there are fundamental headwinds, the market is offering a strong 8% […]

Hussman: More Trouble Ahead

Top fund manager John Hussman is seeing more trouble on the horizon for stocks. Hussman tells Bloomberg that there has been “strong deterioration” in market internals, and that such deterioration has historically been followed by market declines over the next 12 weeks and the next 12 months.

Hulbert: Two Top Forecasting Models Bullish

Given the recent economic and market turmoil, there’s been a resurgence of pundits warning of a double-dip recession, or another major market crash. But newsletter-tracker Mark Hulbert says two econometric forecasters with excellent long-term track records are bullish right now. The first is Sam Eisenstadt, the former Value Line research chairman. His model predicts that […]

Guru Strategy Rating Changes: TLK, FOSL on the Move

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 movers: PT Telekomunikasi Indonesia and Fossil, Inc., both of which are being […]

Tilson Shorting Homebuilders

Whitney Tilson, one of the few who saw the housing crash coming, says the housing market now stands “on a precipice”, and says he’s shorting homebuilders. Tilson says it’s unclear which way the housing market will tip. Affordability and mortgage rates are good right now, he says, but millions of people are underwater on their […]

Reese on Wall Street’s Most Unheralded Guru

In the latest issue of Forbes Magazine, Validea CEO John Reese takes a look at one of investing history’s most unassuming stock market gurus, Joseph  Piotroski. Piotroski, Reese writes, isn’t a slick, smooth-talking hotshot like Gordon Gekko (Michael Douglas’s Wall Street character). Instead, he’s a college accounting professor. But, Reese adds, Piotroski has had more […]

A Better Metric than P/E or P/B?

The stock investing world is filled with well-known valuation metrics — the price/earnings ratio, price/book ratio, free cash flow yield, price/sales ratio, and numerous other variables have been used by successful investors to find winning stocks. A new study shows, however, that a much less popular valuation metric — the gross profits-to-assets ratio — may […]

Doll Still Believes in the Bull Run

Blackrock’s Bob Doll says that the current downturn is a correction, not an end to the cyclical bull market that he thinks will eventually resume. Doll tells Bloomberg that it may take some time to get through the correction, but that from a price standpoint we’re “most of the way through” it. He thinks the […]

Hulbert: Bearish Sentiment May Be a Bullish Signal

Hulbert Financial Digest’s Mark Hulbert says he’s seeing extreme pessimism among newsletter editors he tracks — and that may bode well for the market. ”I’ve seen perhaps one of the fastest trips from the bull side to the bearish side among the advisors that I track that I’ve seen in years,” Hulbert tells CNBC, “and […]

Hussman: These Dips Don’t Offer Much Opportunity

Despite the market’s recent struggles, John Hussman — whose funds have some solid long-term track records — isn’t seeing a great opportunity to “buy on the dip”. “My impression is that the market remains in a tenuous state in that we have not meaningfully cleared the overextended syndrome that has been with us in recent […]

Mobius: Emerging Markets Offer Less Risk than Developed Markets

Templeton Asset Management’s Mark Mobius says emerging markets are offering less risk and better returns than other more developed markets. Mobius tells Bloomberg that many emerging markets have lower debt loads and higher growth prospects than developed nations. He also says that the European debt crisis has put a damper on emerging markets recently, offering […]

Guru Strategy Rating Changes: Sanofi, Goldman on Move

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: Sanofi-Aventis and Goldman Sachs.

Grantham Bullish on Timber — and Little Else

Jeremy Grantham has been sounding bearish lately, but at least one type of investment is piquing his interest: timber. Crain’s New York Business reports that Grantham, speaking at the CFA Institute’s recent annual conference, told onlookers that timber is currently his favorite investment choice. Grantham sees timber rising about 6% per year over the next […]

Winters: Short-Term Thinking Not the Way to Get Rich

David Winters, whose Wintergreen fund has significantly outpaced the market this year and over the past 1- and 3-year periods, offers his thoughts on the markets and investment strategy in this interview with Bloomberg. Winters says he thinks the world will “re-inflate” as currencies get debased, but he says the problems will ultimately be resolved. […]

Buffett, Berkshire Make Big Q1 Changes

Warren Buffett’s Berkshire Hathaway cut back on several equity positions and eliminated others altogether in the first quarter, with one of the biggest moves being its sale of  a billion or so dollars of Kraft shares. CNBC reports that Berkshire slashed its Kraft holdings by 22.8% in the first quarter, during which Buffett was critical […]

Siegel on the Euro Debt Crisis’ Bullish Impacts

Author and Wharton Professor Jeremy Siegel says the European debt crisis has had several ramifications that are actually bullish for stocks. Siegel tells Bloomberg that the crisis has caused oil prices to fall, made bond yields drop, and may make the Federal Reserve wait longer than previously planned to raise interest rates.

Zweig: Time to Sit Tight — or Tip-Toe into Euro Stocks

While Europe is getting a lot of attention for its debt problems, Wall Street Journal columnist Jason Zweig says the U.S. may be in worse financial condition than many of the so-called “PIIGS” nations. And, he says, rather than running from European equities, it may be time to start snatching them up. According to the […]

Guru Strategy Rating Changes: JNJ Rising — and Falling

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. One big-name mover — Johnson & Johnson — is getting upgraded by one model, […]

Paulsen Sees Declines as a Pause in Upward Trend

Wells Capital Management’s James Paulsen tells Bloomberg that the Greece bailout removes the imminent risk from the European crisis, and lets investors focus on a nice global economic recovery. Following the market’s recent decline, Paulsen says investors now have an opportunity to get back into the market, or to increase their risk exposure. He adds, […]