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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
MJG,
Given his forecast, I'm really not sure what a prudent portfolio prescription might be, but I think a good diversified mix would be a good default. Divi payers may also be a nice sleeve...or at least I'm hoping so.
His gloomy diatribe plus Dr…
Pudd...sorry if my response appeared blunt...it was not intended to be so.
I believe healthcare, along with tech, utilities, consumer discretionary, et. al. are all components in a well balanced portfolio.
One of my earliest learned recommendatio…
Pudd....I guess my philosophy is just different from yours. I've been taking profits for the last several years at fairly simple predefined targets for each of my funds, including healthcare funds, so "sell the winners" is something I've been doing …
Other than some near term volatility due to what I believe is purely some overvaluation and then some natural profit taking and angst fueled consolidation, I think healthcare will be fine...for a few reasons.
There will always be a market for impro…
Old_Skeet....let's see what the earnings look like over the next few weeks. I wouldn't be too surprised if a few stocks report a miss, and then lower forward estimates. Of course they will get obliterated, and then make it back later when they beat …
Thanks Ted,
Scattered among the debris was this..."Emerging-markets funds were hammered, plummeting 16.02%. “The commodity-producing emerging markets are right in the eye of the storm,” says MKM’s Darda. “But even the commodity-importing markets ha…
Hi, Press.
...There is some concern from friends of the firm that the outsiders may have fostered a culture change of sorts, which might account for some of the manager departures and the launch of newer, narrow funds (their newest funds are Value,…
After getting pinged by Schwab for quite awhile, I finally changed both my log in and password. Your note is a good reminder as to why this needed.
And....I just noticed something.....looking at our pictures, I see "Michigan" over "Ohio State". Tha…
In the "PS: Where Eagles Dare" section, is the following sentence:
"Of more interest is the fact that Blackstone Management Partners is reportedly purchasing a 25% stake in First Eagle that is being sold by T/A Associates of Boston, another private…
At the end of August, I bought a 25% slice of ETNHX, thinking a basket of bio's was the way to play that segment, particularly after the 10% haircut they had just taken at the time. Needless to say, it's been brutal over the past week or so. Yikes. …
@PRESSmUP Of course, all of this turmoil is occurring at the precise time we need to make a decision on the Grandeur Peak MicroCap fund.
Yes, and then tax-loss selling season begins in earnest :(
And even if if you don't sell anything, I can see i…
They (Mark at GP) told me I did not need an adviser code, and that the ONLY way to purchase the fund is directly through GP.
This should not be so difficult...I will give Amy a call this afternoon.
Bee...the "adviser code" also threw me for a loop....I was hopefully thinking this was an area for Schwab as example, to place an identifier such that I could buy this on the Schwab platform. Unfortunately, in speaking with both Schwab and Mark Sidd…
Davfor...as a point of clarification in case I wasn't clear, in popular vernacular I use the term earnings recession as merely a reduction in earnings from prior measurement periods for a company (companies), and not a recession in the classic sense…
With Third Quarter Earning Season beginning on Oct 8th I am, in short words, not encouraged.
I think people and Wall Street are going to crap in their pants when earnings start coming out. Maybe we'll see some real bargains. We maybe 6 months to…
Of course, all of this turmoil is occurring at the precise time we need to make a decision on the Grandeur Peak MicroCap fund. I think we have one shot to add funds here. I am planning on participating, and am thinking about what to put in regards t…
Old_Skeet....I think for the near-term, watching from the sidelines and maybe just nibbling around the edges sounds like a plan. My allocation is not too dissimilar to yours.
With all of the question marks in the air, Boehner's decision to take his…
I might suggest adding REGN to GILD and CELG as cornerstone holdings in the biotech space. I will be adding to ETNHX as a basket.
Not to be overlooked is a stock I've held for many years which is now available for what I consider to be a bargain p…
A pretty impressive and orderly deflation of the biotech bubble...at least to more reasonable levels.
Will need to compile a possible shopping list for Monday.
That's a very good point, PmU........do it when the costs are low, and also put people to work and stimulate the economy........that infrastructure work needs to be done, so why not now
Yes, now would be good.
Unless Congress can find offsetting cu…
"And in times of military conflict, it can be essential to have supplies of oil from our friends and allies"
It might be even more essential to be able to draw upon our so-called "strategic reserve". And what better time to fill that to the brim th…
rjb112...your point appears to infer that if the pipeline weren't built, then the oil would not end up in the US. I don't believe this is accurate. The oil already is directed to the US via the existing Keystone pipeline. The Keystone XL is simply a…
"As the oil would not be earmarked for the US........"
What makes you say this PmU?
Surely you are aware that the US is still a net importer of oil......
We are an importer of crude by a small margin, but an exporter of refined product.
Whether th…
Its unfortunate that Obama's healthcare reform did not tackle this issue. Just as its equally troubling that neither party wishes to address this issue. --- One more reason why Washington outsiders are so popular this election cycle...
Why the cons…
@PRESSmUP Clinton Foundation taking $$ from foreign governments is a "fake scandal"?
Yes, a fake scandal.
Like other global charities, the Clinton Foundation receives support from individuals, organizations and governments from all over the world…
Linked below are more current comments from Secretary Clinton. I'm thinking the baby is getting tossed out with the bathwater here....I would like to see the CEO of Turing get skewered, but *DEVELOPERS* of orphan compounds absolutely can't survive o…
As the oil would not be earmarked for the US, I fail to see the reasoning behind the pipeline to be truthful. As a matter of fact, the pipeline would actually increase gas pricing in the mid-west.
But, given the price of oil, I don't see this as a …
He apparently worked for a period at Cramer's hedge fund.
And he's done this before when taking over another older compound from a different pharma company. He's merely a profiteer. And may have the ability to impact the entire industry due to his s…
Personally, I like Bernie's plan....Medicare for all. It takes the profit motive of the health insurance industry out of the administration of healthcare.
