The Mess That Greenspan Made - Part 12

The latest issue of the Iacono Research Weekend Update has been posted to the website and is now available for subscribers here.

There will be no changes to the model portfolio or the buy ratings this week, but last week’s covered call sales are covered in the following discussion topic:

The executive summary is as follows:

Ongoing violence in both Ukraine and Gaza combined with some disappointing earnings results for some major corporations and U.S. stocks gave back a small portion of their recent gains as prices were bid higher for safe haven investments such as U.S. Treasuries. Ahead of another Federal Reserve meeting and a big week of economic data, last week’s reports indicated the U.S. economy may have trouble meeting even the recently lowered growth forecasts, though the outlook has turned more positive in China.

After six straight weeks of gains, precious metals ended lower for the second week in a row and the rest of the natural resource sector continues to struggle. Energy stocks rose once again (though oil prices were little changed) and REITs fell as the model portfolio rose 0.2 percent, now up 9.7 percent for the year.

Want more Iacono Research? Subscribe now, risk-free for 45 days.

Tagged with:  

Back in a Few…

We are off to the Crazy Mountains for the next few days…

The latest issue of the Iacono Research Weekend Update has been posted to the website and is now available for subscribers here. There will be no changes to the buy ratings but three changes to the model portfolio, the latter detailed in the following discussion topic:

The executive summary is as follows:

The missile attack on Malaysian flight MH17 and an Israeli ground invasion of Gaza were not nearly enough to temper the enthusiasm of stock investors who were again emboldened by Federal Reserve Chair Janet Yellen during testimony before Congress. Amid mixed economic data, bonds also rose in what has become a disturbingly familiar development – prices for both stocks and bonds being bid higher.

The natural resource sector continued to struggle as prices for major agricultural goods and some energy products moved further into negative territory for the year while precious metals tumbled, taking mining shares down with them. Energy stocks were about the only natural resource shares to move higher, REITs rose again, but the model portfolio fell 0.5 percent, now up 9.5 percent for the year.

Want more Iacono Research? Subscribe now, risk-free for 45 days.

Tagged with:  

What Could Go Wrong?

Via Deutsche Bank and this Business Insider item comes the graphic below that is only slightly out-of-date following geopolitical developments yesterday in Ukraine and Gaza.

It appears that markets are already getting over both of these stories as prices for safe haven investments such as Treasuries and gold are tumbling while stock market futures are up, though the latest data indicate only a portion of yesterday’s decline has been reversed.

Tagged with:  
Page 12 of 890« First...1011121314203040...Last »
© 2010-2011 The Mess That Greenspan Made