A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web
Wells Fargo analyst Colleen Hansen attempted to predict what Warren Buffett was buying during the recent bout of market volatility. The full stock screen methodology, emphasizing consistent cash flow, sustainable profitability and lower valuations, is described here .
The screen came up with nine names including Altria Group Inc., Micron Technology Inc., Franklin Resources Inc., and Regeneron Pharmaceuticals Inc.
The full table of stocks and data is posted at link below,
“Wells Fargo: What would Uncle Warren buy now?” – Twitter
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Nomura quantitative analysts warn that excessive market volatility could continue as algorithm-driven fast money looks to jettison money losing positions,
“The current market, dominated by the risk-off tone, remains very sensitive to negative headlines, and thus we think it will be prudent to maintain a cautious approach in the event of a sudden sell-off by short-term participants, who are seeking to unwind “loss-making” positions.”
“@SBarlow_ROB Nomura: "prudent to maintain a cautious approach in the event of a sudden sell-off by short-term participants” – (research excerpt) Twitter
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Business Insider has developed an annoying habit of moving stories behind its paywall as soon as they get popular. We have a paywall here, so I have no grounds to complain about that. I just wish they’d decide on paywall/not paywall at the outset of publishing.
In any event, readers interested in “6 warning signs an investment is too good to be true” should click now in case it’s not available later. The six signs are fishy commission-based broker tactics, you have to borrow money to invest, no liquidity, complexity, unregistered product, and high return assumptions,
“6 warning signs an investment is too good to be true” – Business Insider
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From my contribution to the Tuesday Globe Investor newsletter,
“It’s a lot more fun to be a contrarian during a market rally. You can adopt a superior, world-weary ‘I’ve seen all this before and it always ends in tears’ posture while everyone else makes money.”
“Why it’s tough to be a contrarian investor, what fund managers bought on the dip, and a winning dividend stock picking strategy” – Globe Investor
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Tweet of the Day:
Diversion: “Pompeii is still astounding us with secrets, 2,000 years after it was destroyed” – Quartz
Scott Barlow