Club names that have been big winners before

Club names that have been big winners before

Strange but true: The S&P 500 has been solidly higher 12 months after the midterm elections in every cycle since 1954, according to Yardeni Research, regardless of which party won or lost. The broad market index’s average one-year gain in 17 post-election windows has been around 15%. These facts are on our minds this Election … Read more

Best midterm election scenarios for stocks and sectors to play them, according to RBC

Best midterm election scenarios for stocks and sectors to play them, according to RBC

If the midterm elections go as Wall Street expects, stocks should rise through the end of the year, according to RBC. Voters go to the polls on Tuesday, and the consensus view is that Republicans will retake control of one or both chambers. “The conventional wisdom that the stock market likes political gridlock is supported … Read more

A fund manager with 50 years of experience beats the S&P 500 this year

A fund manager with 50 years of experience beats the S&P 500 this year

John Kornitzer has been in the investment world for five decades, and from his perch outside Kansas City, he’s seen everything from Black Monday to the dot-com bubble. But bear markets don’t scare him. In fact, he sees them as a good time to make a move – for investors who can play their cards … Read more

An S&P 500 ETF that delivers double-digit percentage yields

An S&P 500 ETF that delivers double-digit percentage yields

Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF to achieve more reliable gains in the current volatile market environment. According to the company, the ETF uses S&P 500 options and proprietary data to generate monthly income for investors. The goal is to provide investors with income even when market uncertainty is high. … Read more

Berkshire Hathaway Q3 earnings BRK

Berkshire Hathaway Q3 earnings BRK

Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway on Saturday posted solid third-quarter operating profit gains despite rising recession fears, while Warren Buffett continued to buy back his stock at a modest pace. The Omaha-based conglomerate’s operating earnings — which include profits from the myriad businesses owned by the conglomerate … Read more

Investor Ron Baron on investing in periods of entropy

Investor Ron Baron on investing in periods of entropy

Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC I began my career as a securities analyst in 1970. It was a turbulent time. The Vietnam War, Watergate, the resignation of President Richard Nixon, the Iran hostage crisis, a recession, inflation, double digit interest rates, tripled gas prices. The only crisis we didn’t have … Read more

The hedge fund Elliott Management sees the world heading for hyperinflation and the worst crisis since World War II

The hedge fund Elliott Management sees the world heading for hyperinflation and the worst crisis since World War II

Elliott Management, one of the world’s largest hedge funds, issued a dire warning to markets and the economy, saying the world could be headed for its worst crisis since World War II. “[A]n extraordinary confluence of extremes and problems has made possible a set of results that would be on or off limits for the … Read more

We still see Estee Lauder stock as a buy on weakness despite the downside guidance

We still see Estee Lauder stock as a buy on weakness despite the downside guidance

Estee Lauder ( EL ) reported a better-than-expected fiscal first quarter, but a low forecast for the rest of the fiscal year sent shares lower on Wednesday. But if not for our club’s trade restrictions, we would have been buyers on the weakness. First the headlines: Quarterly revenue fell 11% year over year to $3.93 … Read more

We are impressed by health insurer Humana’s solid quarter and rosy outlook for next year

We are impressed by health insurer Humana’s solid quarter and rosy outlook for next year

Club Holding Humana ( HUM ) reported a mixed but solid third quarter before the opening bell on Wednesday. Early optimism around 2023 also supported our positive view on the health insurer’s stock. Revenue rose 9% year-over-year to $22.75 billion, slightly below estimates of $22.76 billion, and adjusted earnings per stock rose 42% to $6.88, … Read more

Don’t dismiss the 60/40 portfolio. Embrace it

Don’t dismiss the 60/40 portfolio.  Embrace it

Jayk7 | Moment | Getty Images As we head into the fourth quarter, investors have little to be excited about. Through September 30, the S&P 500 Total Return Index is down 23.87%, all but ensuring that stock investors won’t enjoy anywhere near the 31.4%, 18.4% and 28.7% returns , which the index delivered in 2019, … Read more