Plunging Chinese stocks amid the U.S. rally are not a doom signal: Instead, they could be a sign to soon buy the Shanghai, says investment manager Mike Arold.
Outlook
2504 posts
Strategist Jeffrey Saut knows all the bearish arguments. Yet he says inflation is more likely than deflation, which should keep the S&P 500 in rally mode.
Stocks are rallying broadly and approaching 4-year highs, although there are three reasons to soon think about making more defensive investments.
In addition to the alleged fraud that reportedly victimized former Cowboys coach Barry Switzer there's the ongoing story of Peregrine Financial.
Former Dallas Cowboys Super Bowl-winning coach Barry Switzer is among the alleged victims of a ponzi scheme run by Hall of Fame football coach Jim Donnan.
Facebook is an expensive stock, and an over-hyped offering. But make no mistake: It's a solid company, says investment manager Barry Randall.
IBM buying RIM's Enterprise unit would be, "like an organ donor giving up his heart while he was still alive." Still, the BlackBerry maker should take any deal.
Groupon is now down to the $5 fair value price Barry Randall placed on it weeks ago -- and he still won't touch it.
Oil prices are again on the rise, and will make their way to $100 a barrel late this summer, says investment manager Tyler Kocon.
Higher July retail sales won't change the economic backdrop overnight, but several Covestor managers think more better-than-expected numbers are ahead.