Monday, December 29, 2014 8:07 AM EST
Why We Do Not Insult Our Readers
Due to a holiday week, there is no The Week Ahead this week. It will return next week. However, I want to weigh in on an article that appeared in Saturday's The Wall Street Journal that really struck home with me as it relates to what we are trying to do for you the reader. The title of the article by Jason Zweig was "When Funds Insult Their Investors". The premise of the article is really simple. Mutual funds have not had a great year yet they are passing on capital gains from prior years to shareholders. This is a HUGE problem of mutual funds and quite frankly really just being lazy and not thinking through the impact of trading decisions. More...
U.S. futures: S&P -5, Dow Jones -47 and NDX -9 with fair value lower adding to gains. Asia and Europe mixed. Copper higher with silver and gold lower. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury yield -2. Prices as of 7:55 a.m. More...
Today's Superstock Investor Stock Scorecard:
NOBLE CORP (NE)
For the next week, we are going to continue to offer up some of the most undervalued names in our universe of stocks. Consider this a holiday gift. Some of these may be new recommendations in 2014. First up this week is Noble Energy (NE) that has a % return to the price target of 144%. Earnings are expected to drop from $2.97 to $2.14 which gives the stock a p/e for 2015 of 8. Which is over a 100% discount to the market. More...
Articles That Matter:
It's Deja Vous All Over Again
I woke up this morning to find that Greece is back in the headlines. Is this just a late sleep dream or is it the market's next nightmare? In other news, the Chinese eased again. As Yogi Berra said, "It's deja vous all pver again". More...