Salient to Investors: Jim Rogers writes: Business school is a waster of time and money. By doing your own work and teaching yourself, you will come out way ahead of going to business school. Read the full article at http://jimrogersonthemarkets.blogspot.com/2014/06/going-to-business-school-is-waste-of.html Click here to receive free and immediate email alerts of the latest
READ MORE... →Salient to Investors: David Weidner writes: Five years into a slow paced economic recovery is good reason to be buying stocks, because rapidly growing economies usually goes belly up as quickly as they rise. The stock market always leads the economy but a 155% rise in the Dow since 2009
READ MORE... →Salient to Investors: $19.99 sounds a lot cheaper than $20. The S&P 500 had trouble with the 1,000 level from July 1997 to September 2003, and then following the financial crisis. It took the DJIA from 1968 to 1982 to get comfortable with the 1,000 level. Nicholas Colas at ConvergEx
READ MORE... →Salient to Investors: Warren Buffett has been shifting toward capital-intensive businesses like energy and transportation, while reducing reliance on insurance operations and stock-picking. He is planning more investment in energy, in part in renewable power, as far as the eye can see. Buffett sees the steady but far from spectacular gains of
READ MORE... →Salient to Investors: American short sellers have been hurt for 5 years by the biggest market rally since the Internet bubble. Bearish wagers in the SPDR ETF are near 11 percent of its shares, the highest level since 2012. Bearish wagers against a technology ETF are 67 percent above the
READ MORE... →Salient to Investors: Ed Yardeni at Yardeni Research said a common worry was that the drop in bond yields may be predicting economic slowdown. Investors Intelligence’s percentage of bulls is at the highest level since January 2005. The conventional wisdom, at least among fixed-income traders and the smartest stock traders,
READ MORE... →Five Reasons Why You’ll Never Be Rich And One Reason Why You Already Are – Personal Capital May 2014
Salient to Investors: 5 habits that prevent you from becoming wealthy: Being a “C” student who thinks they deserve an “A” lifestyle Inability to delay gratification by taking on debt. Credit card interest at 15%+ leads to financial failure – even Warren Buffet has not returned greater than a 15%
READ MORE... →Salient to Investors: Tom DeMark at DeMark Analytics said the DJIA will start declining if we get one daily close above 16,581, accompanied by an intraday high exceeding 16,661. DeMark said markets top on good news, not bad news, when you have exhausted the last vestige of buying. Sam Stovall
READ MORE... →Salient to Investors: Robbert Van Batenburg at Newedge Group said: The number of S&P 500 companies that have lowered their quarterly forecasts is at an all-time high, bringing the projected growth rate dangerously close to zero. The brutal US winter is not the only reason for a projected lackluster earnings
READ MORE... →Salient to Investors: The Nasdaq Composite is at 35 times reported earnings versus 17 for the S&P 500. Analysts forecast S&P 500 earnings climbed 1 percent in Q1. Chad Morganlander at Stifel Nicolaus said the rotation out of high-flying momentum stocks of 2013 into more value-driven opportunities will continue in the
READ MORE... →