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Playing the Game Out Loud

Fri, 30 Jul 2021 19:22:23 +0000

Keith McCullough doesn't care what you think of him. He gets that attitude in large part from his father, a firefighter, and one of his grandfathers, who was one of 19 children from Quebec, who became a successful serial entrepreneur despite a limited education and often being told he wouldn't succeed. McCullough loves to hear he's not good enough. He heard it growing up in Thunder Bay playing hockey, which culminated in him captaining the Yale hockey team to a championship. And McCullough still hears it as the founder and CEO of Hedgeye Risk Management, a firm he launched in 2008 as a disruptive competitor to the "Old Wall" Street ways of doing business. It's why the guy they call the "Mucker" is driven...Click the link above to keep reading and watch the video...

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Three Top Stock Ideas From BMO’s Brian Belski

Fri, 23 Jul 2021 21:08:21 +0000

If you wanted to take investment advice after the financial crash in 2008 and beyond, you could have done a lot worse than listening to Brian Belski. The Chief Investment Strategist of BMO Capital Markets, and his team, started calling for a 20-25-year bull market in 2009. And during the 2010s while many macro strategists and academics were pointing out everything that could trip up the market, stocks generally chugged higher. And after the pandemic-led crash last year, Belski called the bottom nearly to the day. He said the market had reset and the bull market still had at least another 10 years to run. We'll post a fascinating interview with Belski next week. For now, here are three innovative, leading companies that can thrive for at least the next decade.

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Why Netflix’s Stock is in Purgatory

Fri, 23 Jul 2021 20:07:59 +0000

No quibbles in this corner about the long-term stock performance of Netflix. The stock is up about 465% per cent in the last five years. But is the big spending, online video streaming leader a buy now after a tepid earnings report. And with increasing competition from the likes of fast-growing Disney+, are the days of heady growth for Netflix over? Hedgeye analyst Andrew Freedman explains why, for now at least, Netflix shares are in purgatory and likely to fall.

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Why Hedge Fund Manager Kass Calls “Code Red” on “Chaotic” Market

Fri, 16 Jul 2021 19:59:36 +0000

Doug Kass isn't ordering a Code Red like Jack Nicholson's character in A Few Good Men but he's called one on the stock market. The Founder & President of Seabreeze Partners Management is widely followed for his market commentary. He knows from experience that bull markets are hard to kill and acknowledges stocks can go higher still so he's not aggressively shorting the market. But in these excerpts from a recent piece Kass details a litany of warning signs, as he sees them, that will eventually lead to an ugly end.

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Follow Earnings For the Future Direction of Stocks

Tue, 13 Jul 2021 14:22:11 +0000

Investors often get bogged down in following too many data points in trying to assess the future direction of stocks. While looking at global macro factors right down to the minutest of details about a company's products or services are important, one simple way to determine whether a stock is going to go up or down is to track the direction of a company's earnings. That's because share prices track the direction of earnings 93 per cent of the time, in the case of the S&P 500, anyway. Here's some brief commentary from Canaccord Genuity's Chief Market Strategist, Tony Dwyer, on the "summer of indigestion", "peak everything", and what's important to remember.

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Six Reasons the Bull Market Could Last Another Five Years

Mon, 12 Jul 2021 20:08:21 +0000

We're of the opinion that, barring an exogenous shock of some sort or Black Swan event, stocks should continue to do well. Yes, there'll be pullbacks and corrections along the way, but as the following opinion piece details, there are just too many unusually bullish factors in play for stocks to fall off a cliff, as some have been predicting for months. Here are six reasons why equities are the place to be long-term, three investment themes, and three stock ideas.

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Tech Stocks & Bond Yields Echoing “Extreme Anomalies” of Dot-Com Boom

Thu, 08 Jul 2021 20:21:22 +0000

We're trying to not get dragged into too many stories comparing the current stock market environment to the tech boom of the late 1990s and 2000, but they keep pullin' us back in. This time it's because technology stocks and bond yields, which usually, happily, chug along mostly in unison, are now seeing the largest divergence in years. Why? And what does that mean? Here's commentary from Lisa Shalet, Chief Investment Officer of Morgan Stanley Wealth Management .

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Third Quarter Outlook: “Focus on Really Strong Dominant Players”

Tue, 06 Jul 2021 22:58:59 +0000

Invest don't trade. Minimize your tax exposure. Pay little heed to the growth versus value debate, meme stocks and other market noise. That is some of the market wisdom conveyed in this third quarter outlook video with John O'Connell, who explains that investing doesn't have to be complicated. Here's what to ignore and how to build a heavyweight portfolio to power through any kind of market.

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Zero Interest Rate Policy Forever?

Tue, 06 Jul 2021 14:47:37 +0000

There is a convincing counterargument to the line of thinking the U.S. will experience runaway economic growth and corresponding inflation and higher interest rates. Instead, it may be highly likely that, like Japan and the Eurozone before it, and after pandemic stimulus wanes, the U.S. may be stuck in a low growth, near zero interest rate policy (ZIRP) for an extended period. That excess savings, an ageing population and other factors are conspiring to leave the Federal Reserve resigned to ZIRP. Here are a few excerpts and charts from an excellent report by Alpine Macro.

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Calls From Market Heavyweights For Epic Crash Are Piling Up

Mon, 05 Jul 2021 18:49:35 +0000

Prior to the financial crisis in 2008, there were a few voices in the wilderness calling for a stock market crash. The likes of Nouriel Roubini and Peter Schiff burnished their reputations by being right - eventually. The same drumbeat is going on now with several investment luminaries forecasting that this never-ending, mania-prone bull market will end badly. They may be right - eventually. But when? Here is a collection of some of the commentary from these market heavyweights.

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