Don’t Talk About Record Stock Prices to Owners of These Shares – Bloomberg 08-27-14

Salient to Investors:

  • Analysing what parts of the market have lots of ground to make up to reclaim highs is a good way to gauge how much more the market can rise or fall.
  • The NYSE Arca Airline Index is 59 percent below its peak.
  • The S&P 500 Information Technology Index needs to rise another 49 percent to reach its  March 2000 high. The Nasdaq Composite needs to rise 10 percent, and the Nasdaq 100 Index needs to rise 16 percent to reach previous highs.
  • The KBW Bank Index is 41 percent below its peak. The S&P 500 Financials Index needs a 62 percent gain to reach its previous high.
  • The S&P Supercomposite Homebuilding Index is down 55 percent from its record.

 

Read the full article at http://www.bloomberg.com/news/2014-08-27/don-t-talk-about-record-stock-prices-to-owners-of-these-shares.html

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Bullish On Airlines Worldwide – Jim Rogers On The Markets 01-24-14

Salient to Investors:

Jim Rogers said:

  • Bullish on airlines worldwide for many reasons.
  • Invest where you find a disaster with change coming, like SAS, which has been a huge disaster over the past several years. Owns SAS and many airlines.

Read the full article at http://jimrogersonthemarkets.blogspot.com/2014/01/bullish-on-airlines-worldwide.html

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Heebner at Bottom for Fourth Year in Five Sticks to Bet – Bloomberg 06-28-12

Salient to Investors:

Kenneth Heebner said the U.S. is poised to outperform most countries – lower growth in Asia and Europe will lower oil and commodity prices, a de facto tax cut for U.S. consumers. Heebner sees forces driving the U.S. in a positive direction – the real estate bust has created pent-up demand for housing that eventually will lead to another surge in building.  Heebner was 21 percent in banks and 12 percent in airlines at the end of Q1.

Heebner says pessimism historically has been associated with maximum opportunity for investing – currently the enormous negative publicity about U.S. banks contradicts their improving fundamentals.

Heebner said he sees the mainstream in the distance.

John Taylor at FX Concepts says the U.S. is being dragged into recession by Europe.

Neel Kashkari at PIMCO says the U.S. economy is slowing, and unemployment is worsening.

Read the full article at http://www.bloomberg.com/news/2012-06-28/heebner-at-bottom-for-fourth-year-in-five-sticks-to-bet.html