Friday, Sep 07, 2012
Steve Hammers
Friday, Sep 07, 2012
John Laitner
economist, University of Michigan
Survey Says
Links: http://www.ns.umich.edu/new/releases/20705-why-retire-later-u-m-experts-show-how-to-encourage-longer-careers; www.mrrc.isr.umich.edu
Friday, Sep 07, 2012
Michael Gayed
Thursday, Sep 06, 2012
Alan Brown
Thursday, Sep 06, 2012
Tim Vick
senior portfolio manager, Sanibel Captiva Investment Advisers
MoneyLife Market Call
Links: www.Scia-Capital.com
Wednesday, Sep 05, 2012
Jim Stack
president, InvesTech Research
Big Interview
Wednesday, Sep 05, 2012
Rob Schein
Managing Director and Partner at HighTower Advisors, Palm Desert, Calif.
Personal Finance Tip of the Week
Links: www.hightowerpalmdesert.com
Tuesday, Sep 04, 2012
James Evans
Friday, Aug 31, 2012
Keith Trauner
co-manager, The GoodHaven Fund (GOODX)
MoneyLife Market Call
Links: www.goodhavenllc.com
ShortHeadline: Trauner: Run toward the fires to find the bargains
DetailInformation: Keith Trauner, co-manager of the GoodHaven fund (GOODX), said that investors who understand the difference between volatility and risk can find bargains in stocks that others view as troubled. In the MoneyLife Market Call interview, Trauner noted that investors are “much more likely to find a bargain on the new-low list than on the new-high list. … We spend a lot of time running toward fires. We may not want to go into the building that’s on fire, but we always want to take a look.” Suggesting that volatility “is just the bouncing around of stock prices,” Trauner said, while risk is the chance “that we permanently lose money … and that is what we are really trying to avoid at all costs.” By confusing volatility and risk, Trauner said investors miss out on opportunities because they are scared. Among the stocks that have had some measure of trouble that became, as a result, the kind of stock Trauner would buy are Spectrum Brands (SPB), Microsoft (MSFT) and Hewlett-Packard (HPQ). During “Hold It or Fold It,” when guests give their appraisal of stock requests made by the MoneyLife audience, Trauner said he would hold Google (GOOG), Chubb (CB, Ethan Allen Interiors (ETH), saying in each case that he’d be looking to buy more if the stock price fell to a more-attractive level. He also put a hold on DirecTV (DTV), and said he would sell eBay (EBAY) based on its valuation; a day earlier, in another MoneyLife Market Call interview, Huntington Funds president Randy Bateman had said he would be a buyer of eBay.
Friday, Aug 31, 2012
Tracy Knudsen
senior analyst, Lowry Research Corp.
Technical Difficulties
Links: www.lowryondemand.com; www.lowryglobal.com
ShortHeadline: Knudsen: Investors need an exit strategy
DetailInformation: Tracy Knudsen, senior analyst for Lowry Research Corp., says that investors should have “exit strategies in place” as current technical indicators are showing the signs of a “major market top.” Appearing on MoneyLife with Chuck Jaffe, MarketWatch senior columnist, Knudsen described the stock market as being in “a dicey situation,” noting that its recent rally has come without any increase in buying power or intermediate demand. An upward move without that demand typically is short-lived. “Although the S&P 500 has risen about 11% from the early June low to the August high close … buying power is only up by 1 point, and that typically is not what you see when a market is in the midst of a dynamic move higher that is likely to take it to new highs,” Knudsen said. “We are seeing evidence of what in the past has marked a major market top,” she added. “We’re not calling for Armageddon right now, but we are pointing out the factors we see with supply and demand that are coincident with what tends to happen at a market top.” Knudsen noted that another earmark of market tops is slowing participation in a market rally, also evident in recent weeks. While Knudsen cautioned that a market top is “not inevitable” – especially with the Standard & Poor’s 500 so close to record highs — she said the probabilities “are more heavily weighted to the fact that the market might be topping,” and that barring a pick-up in volume, the character of the market isn’t going to change. Florida-based Lowry Research provides analysts and investment pros with an unbiased, factual analysis of market trading data.