Salient to Investors: Mark Hulbert writes: The small number of advisers who outperform the market rarely keep doing so, so choosing a recent market beater does not increase your odds of future success. Of the 51 advisers out of more than 200 tracked who beat the Wilshire 5000 Total Market
READ MORE... →Salient to Investors: Matt Schreiber at WBI Investments says limiting losses is critical to keeping with your investment plan. Morningstar says 40 of the 2,600 non-sector stock mutual funds it tracks have lost money in the 12 months through April 2013. Zheng Sun and Lu Zheng at University of California,
READ MORE... →Salient to Investors: Fund Gurus write: Market corrections have been short lived due to periods of high volatility and not underlying fundamental issues. Stocks are very attractive. Values are in line with historical 10-yr average but companies have strengthened their balance sheets and are positioned for further revenue growth. Many
READ MORE... →Salient to Investors: Peter Jankovskis at Oakbrook Investments says the market has built a nice base, gotten through earnings season, and is in the phase where economic reports will determine if it can hold up. 86 percent of S&P 500 stocks trade above their 50-day moving average, the highest level
READ MORE... →Salient to Investors: Scott Black at Delphi Management expects the S&P 500 to rally further on continued Fed stimulus, S&P 500 earnings that will reach $105 a share in 2013, and no returns from fixed-income. Black said we are not even near unemployment below 6.5 percent. The average equity strategist predicts the
READ MORE... →Salient to Investors: Larry Fink at BlackRock says investors should be heavily invested in equities due to its fair value at a 15.5 P/E ratio for the S&P 500 and good earnings season. Jeffrey Gundlach at DoubleLine said in mid-April that he expects a catastrophic failure because the developed world
READ MORE... →Salient to Investors: Tech, energy and financial stocks are the most inexpensive industries in the S&P 500 with multiples of less than 14 times earnings. US tech stocks, the second-best industry of the past decade, are at 13 times projected earnings, the lowest level versus the S&P 500 in at least 7 years. Analysts
READ MORE... →Salient to Investors: Chad Morganlander at Stifel Nicolaus there is a positive tone to the market in part because of belief that the Fed will continue to press on the gas. 74 percent of the 273 S&P 500 companies so far reporting beat earnings estimates, 55 percent missed sales estimates.
READ MORE... →Salient to Investors: Americans are allocating a smaller share of their spending to investment-related fees since the recession, a sign they are still wary of returning to financial markets. Stuart Hoffman at PNC Financial Services said people are shying away from stocks since the recession and have not really re-engaged in
READ MORE... →Salient to Investors: Terry Sandven likes the risk reward for equities but says it’s a ride the highs, buy the dips market. Frederic Dickson at D.A. Davidson said investors are tiptoeing in to figure out if it’s too hot or too cold. The majority of economists expect the Fed will lower
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