Month: September 2015

According to JP Morgan:US macro update – the big problem for this tape remains the same – a lack of catalysts. The fundamental landscape still isn’t as gloomy as it’s being made out to be but this won’t become apparent for several more weeks at least. It still seems like downside risk from present levels is minimal but the market needs clarity on two big issues (China growth and Fed liftoff timing) before it can materially bounce (remember: the recent bout of instability can trace its bloodline back to the 8/17 CNY devaluation while the Fed’s indecisive and muddled message … Read more

They teach you in business school that value investing is riskier than growth stock investing.  The primary reason is something referred to as the value trap.  A value investor tends to buy stocks when they are trading below what is perceived as intrinsic value.  The most common way to determine that is the discounted cash flow analysis.  The DCF analysis is an attempt to value the future stream of earnings and discount it back to todays dollar using some kinds of discount rate (the return you demand on your money). This is the method Warren Buffet is known to use … Read more

Due to the large amounts of options expiring today, we will post a position page on Monday 9/21/15. Please check back on Monday!

Corporate executives and board members regularly make market-beating returns from buying and selling their companies’ stock in the days before disclosing a significant event, according to a study that says it has found a link between insider knowledge and investment profits. Source: Insiders Beat Market Before Event Disclosure: Study

  Nothing to get too excited about but its a least a step in the right direction.  Insiders are stepping up their buying, the most in 3 years.

This is how they calm nerves about the market in China? Chinese authorities have arrested nearly 200 people for alleged online rumor-mongering about China’s stock market turmoil and a recent, deadly chemical factory explosion in Tianjin. Source: Hundreds arrested as Beijing launches stock market crackdown