Archive for May, 2010

Interview – Steve Lehman, Dana Meissner from Federated

Friday, May 28th, 2010

Last Wednesday, May 28, I interviewed Steve Lehman and Dana Meissner, who are the co-managers of Federated’s Market Opportunities fund

Here’s a description of the fund from the product information page that can be found here.

The fund seeks to provide absolute (positive) returns with a low correlation to the U.S. equity market by investing globally in a wide variety of asset classes. It may also sell securities short and can have an overall net long or short position relative to particular asset classes. The fund pursues its investment objective using a contrarian value orientation.

They generally have a dim view of equity markets, but they were appropriately bullish early in 2009.  You might want to put away any sharp objects before reading on.

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Smart Money/Dumb Money Confidence

Wednesday, May 26th, 2010

I’ve mentioned the excellent sentimenTrader service in the past.  At just $250 per year it’s a steal for high-level sentiment analysis.  Click here for a free trial.  Anyway, the sort of marquee offering of the service–I pressed Jason Goepfert, the man behind it, and he said it’s the one thing he’d take if he had to choose just one–is the Smart Money/Dumb Money Confidence indicator. (more…)

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Markets plummet/rise because of A, B, and C

Wednesday, May 26th, 2010

My sentiments, exactly.

Click the image below for the full article

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The Importance of Dividends

Monday, May 24th, 2010

Yeah, this is pure coincidence, but I think it proves the point that dividends are important in any market.  Here’s a look at ONEOK (“one oak”) Partners, an energy Limited Partnership.  Since it’s an LP it can foul up your tax reporting as the K-1 from the company will delay your 1040 filing.  These securities are best held in an IRA.

As an aside, there were a couple of important insider buys recently.  The CFO bought $150,000 worth of the stock, while the CEO bought $144,000.  Our insider service, InsiderScore, summed those purchases up as, “top execs make first purchases in nearly a year.”

Here’s a brief description of the company.

Now, here’s the coincidental stuff, which I’ve highlighted.  Notice that the dividend yield–on an annual basis, admittedly–leaves you whole.

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Weekly Recap & Outlook – 05.21.10

Friday, May 21st, 2010

Tower Private Advisors

Prior posts

My next interview will be with Steve and Dana, co-managers of the Federated Market Opportunities fund, but you’ll want to put away all sharp objects before reading that one.

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