One of my favorite investment writers tackles one of my favorite investment topics, buckle up! When Jesse Livermore made his first stock trade at the tender age of 15, he didn’t hedge his bets. He consulted the charts he’d compiled working as a chalkboard runner in a Boston brokerage firm, and when the figures for…

361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…

SunTrust’s Bob Peck is out this morning with a reiteration of his $50 price target and buy rec on Twitter shares, which will be IPOing on Thursday. As for investors who will not be getting access to the stock at the IPO price (23-25), Peck says the following: We believe the Twitter IPO presents a…

Schiff’s listeners call in wanting to know how to prepare. Mike from St. Lucia asked about a $1 trillion treasure allegedly hidden in a New Mexico mountain, that if found would make a dent in the national debt. “We don’t have that much time” to discuss such theories, Schiff said. Ellen from New York asked…

Former hedge fund guy turned tell-all memoirist Turney Duff has a post up today detailing the casual atmosphere in which insider trading was once able to flourish. His years in the game mostly pre-date the recent insider trading crackdown, but for what it’s worth, here’s his Insider Trading 101 rules: One of the many things…

Socially responsible investing (SRI) is fine, I’m not here to pick on people who genuinely believe they can do good in this world by virtue of which stocks their mutual fund refuses to own. Whatever, it’s a harmless delusion (even if it has very little real-world impact and is probably a higher-fee scam in disguise…

Let’s see if we can reconcile the overwhelming amount of bullishness for US stocks amongst active participants with the incredible amount of pessimism from the rest of the country. Most professionals and investors who trade their brokerage accounts frequently are bullish right now – the surveys say it as do the fund flows as do…

Stocks have stopped caring about earnings trends. And no, this isn’t a one or two month phenomenon, it’s an ongoing trend that may be nearing an end – it couldn’t possibly become more stretched. Here’s FactSet (emphasis mine): During the month of October, analysts lowered earnings estimates by 1.5% in aggregate for the fourth quarter…