The Only Constant is Change
Posted on March 6, 2015 | Stock Superstars Report
As we enter March, we celebrate this aged bull market, which is now six years old. The bull market has left its mark on the SSR portfolio; the portfolio is wealthier for it, but higher valuations have changed the types of companies that pass its screens.
Record-Setting February Performance, Plus Changes to the Portfolio
Posted on February 27, 2015 | Stock Superstars Report
The March SSR Monthly Report is now available at the SSR website. There is one new portfolio deletion and one new portfolio addition to announce.
Short-Term Uncertainties and Long-Term Trends
Posted on February 20, 2015 | Stock Superstars Report
We’ve been noticing the price volatility in airline stocks recently and believe it is related to the volatility of oil prices. As you know, fuel prices have a significant effect on an airline company’s profitability. In economic speak, fuel prices are known as an input.
The Price of Uncertainty
Posted on February 13, 2015 | Stock Superstars Report
The reason why is twofold. Investors dislike uncertainty. When a company’s outlook becomes murkier, investors demand more compensation in terms of a lower share price.
Positive Surprises Matter, But Some Want More
Posted on February 6, 2015 | Stock Superstars Report
Earnings estimates always take the spotlight each earnings season, with many market participants focused on how a company has performed relative to expectations. Within the SSR portfolio…
Our New Portfolio Addition Is a Midnight Special
Posted on January 30, 2015 | Stock Superstars Report
The famous train song “Midnight Special” (recorded by Credence Clearwater Revival and many others) comes to mind as we announce our latest addition to the SSR portfolio.
Deflation Concerns Abound
Posted on January 23, 2015 | Stock Superstars Report
What do Tom Brady and the European Central Bank (ECB) have in common? They have both been fighting rumors of deflation in their respective arenas. Tom Brady, of course, is the quarterback of the Super Bowl-bound New England Patriots, and he is being accused of illegally deflating the footballs used in the AFC championship game.
The Hangover Hurts but Earnings Helped, Plus Changes to the Portfolio
Posted on January 9, 2015 | Stock Superstars Report
The January SSR Monthly Report is now available at the SSR website. There is one new portfolio deletion and one new portfolio addition to announce.
Thank you Santa
Posted on December 30, 2014 | Stock Superstars Report
You may or may not have noticed, but Santa has done some solid lifting since our last update on December 19 and pushed stocks higher. The end result was that the SSR portfolio is up 0.4% while the benchmark iShares Dow Jones U.S. fund (IYY) is up 0.2%. Oil continues to be a theme as it has declined into the mid-$50-per-barrel range. Consumers are thrilled at the gift of lower gasoline prices courtesy of Saudi Arabia, who refused to approve production cuts at the last OPEC meeting. How long these prices can last or whether they can go lower, we do not know.
It’s a Yellen Miracle
Posted on December 19, 2014 | Stock Superstars Report
The week opened on a weak note as the market was dragged down by continued weakness in oil prices, down 2.2% by the close on Tuesday as the Grinch prepared to steal our Christmas rally. However, Janet Yellen delivered her own Christmas present by letting out her inner politician and promising everything under the sun. Traders, who had gotten bruised when the Grinch spirited away our rally, rejoiced at its return under the guise of a Fed statement.