January 2013

My Energy Overweight

If you’ve caught any of my recent appearances on TV, you may have heard me mention a fondness for energy-related equities for the first time in what feels like forever. The energy sector is one of only two overweights in the model portfolios we run, along with healthcare, for 2013. (Before I continue, nothing you…

Warren Buffett’s Greatest Fear

Warren Buffett seems fairly fearless in both his writings and media appearances, pretty much no matter what’s going on. I suppose a cash hoard of between $20 and $40 billion at all times is a pretty good cushion. But I was very interested to come across this post by Samuel Lee at Morningstar that reveals…

Market Recon: 1/31/2013

Stephen J. Guilfoyle “Sarge” was previously the U.S. Economist at Meridian Equity Partners from 2007 following a long career at Credit Suisse. Stephen has worked on the trading floor of the NYSE continuously since July 1987 and actively serves as a Sergeant in the National Guard. *** Good Morning, What a splice in time we…

You can’t have it both ways.

The same people who’ve spent three years growling about low volume and lack of participation being bearish are now saying that the reversal of that is also bearish. You can’t have it both ways. The argument was that no one is in this market except central banks and hedge funds, there are no real investors…

Amazon.com: Defying Logic and Physics Since 1997

Can you touch a rainbow? Can you caress a distant voice carried on the wind from long ago? Can you possess the morning dew or hold dominion over all the chittering woodland creatures in your midst? You cannot. Nor can you analyze Amazon.com… Another LOLworthy quarter from the company, driving any and all “clasically trained”…