Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Not a melt down, but I share everybody's concern of how a fund with Romick's cash component can barely stay even with any index he may want us to consider as a benchmark.
@Mark said on January 17 in Off-Topic
Then I thought of some other fairly n…
A look at China .Will continued state control actually allow for a free and vibrant economy. (and society) ?
ChinaFile-
Without Reform from Beijing, ‘The World Will Endure More China Scares’
Is China really heading for a hard landing? Experts say it…
Related - $1 Billion investment for schools in Africa or......
Kanye West asks Facebook's Zuckerberg for $1 billion for his 'ideas'
Technology | Mon Feb 15, 2016 5:13pm EST (Reporting by Subrat Patnaik in Bengaluru; Editing by Jeffrey Benkoe) .reut…
@BobC Thanks for clarification and insight.
I'll see your Red Chip and raise you a P Chip
Hong Kong Stock Market (HSI) 1964-2016 | Data | Chart | Calendar
Hong Kong HSI Index ( Heng Seng ) increased 603.1 points or 3.29% to 18926.13 on Monday Feb…
I wonder if any of these other guys have "hedge Fund" ideas before the Securities and Exchange Commission
Top fund managers can't catch a break
Some formerly hot hands like Legg Mason's Bill Miller have gone cold
Feb 10, 2016 @ 4:23 pm
By John Waggo…
Short Interest in the Energy Sector Hasn't Been This High in More Than a Decade
One of the only things that keeps moving higher is something you want to move lower.
Julie Verhage .bloomberg.com/
February 11, 2016 — 8:27 AM CST
Just a couple of wee…
Worse By The Day ! And Worse Coming ?
Market Movers
Chesapeake Energy (NYSE: CHK) saw its share price crash on February 8 after news reports suggested the company was looking to restructure more than $9 billion in debt, raising fears of Chapter 1…
(DSEEX/DSENX)
"Smart Alpha + Smart Beta = Complete"
Please join us for a live webcast titled
"Smart Alpha + Smart Beta = Complete" hosted by:
Jeffrey Sherman, C F A
Portfolio Manager Jeffrey Sherman will discuss the strategy, sector allocation…
Walkin the walk M*s top performing L/S fund in 2015-16
Update From the Jan 31 OTCRX Fact Sheet
..We continue to be focused on credit domestically and globally as the change in credit conditions is being underappreciated by investors from our p…
@Old_Joe said
February 2 Flag
Probably server overload due to the market... everybody trying to access resources at the same time. That's in addition to the other well-known M* issues.
Just wait for Ted Cruz to fix these well known issues ?
IRS c…
For mutual fund investors ( that's us ? ) this development had to make Schwab the broker of the decade !
Ted's original post
November 2015 in Fund Discussions Flag
FYI: Initial investments for most funds cut to $100 from $2,500; subsequent investmen…
Junk bond stress posts biggest jump since financial crisis
Feb 2 2016, 14:28 ET | By: Stephen Alpher, SA News Editor [Contact this editor with comments or a news tip]
Moody's Liquidity Stress Index jumped to 7.9% in January from 6.8% previously - …
@Old_Skeet
Another tool for you to monitor ??
WHERE’S THE STOCK MARKET HEADED IN 2016? HERE’S HOW TO MAKE YOUR OWN FORECAST January 19, 2016
At Plimsoll, we see a muddle-through environment where earnings rebound a bit benefit from 2015’s
energy pr…
Can a Deteriorating Russian Economy/Saudi's Opec Standing Lead to an Agreement to Reduce World Oil Production?
Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening?
By Dalan McEndree
Posted on Mon, 01 February 2016 23:30 oilprice.com
....skeptic…
Thanks for the informative work @AndyJ
Here are the fund's latest Fact Sheet and Distribution history. PTIAX
http://www.ptiafunds.com/images/website/documents/fund-documents/ptiax_factsheet.pdf
http://www.ptiafunds.com/images/website/documents/fund…
Little Hug Here Too.
Long/Short ideas from Otter Creek OTCRX YTD +2,51 1 Yr +12.26
From Jan 20th 2016
THE MACRO and MARKET ENVIRONMENT: CONCLUSION
Framing the macro environment
•
US is a bifurcated economy
(+) Favorable consumer trends (labor, low…
Got my lesson 3rd Q 2015
Bought ANFLX on 9/18/15 out 01/11/16 @-2.37% loss
Sep 30, 2015 10.08 Close
Sep 30, 2015 0.04 Dividend
Sep 29, 2015 10.24 Close
https://finance.yahoo.com/q/hp?s=ANFLX&d=0&e=26&f=2016&g=d&a=10&b=3&…
High Yield Energy: Fear+ Forced Selling = More of the Same ?
Bond Funds Remain Confident as Crude Rout Worsens
Published January 20, 2016 Markets Reuters
More investors may lose patience in the contrarian bet and pull their money, forcing managers …
@vkt Maybe the only guarantee in Bio/Pharm is I P O opportunity ?
Beijing, China-based and Cayman Islands-domiciled BeiGene (Pending:BGNE) is set for its IPO of 5.5M American Depositary Shares (ADSs) at $22 - 24 per ADS. Each ADS represents 13 ordi…
FPACX 12/31/2015 Update
Positioning:
Gross
exposure to equities
is circa 60%
and net equity exposure is
approximately 56%
Corporate Bonds
increased
to 3.9%
Cash is approximately 39%.
Outlook:
The opportunity set continues to improve marginall…
My ownership in this clobbered sector
Eventide Healthcare & Life Sciences Fund CLASS N SHARES
ETNHX
17.77-0.70(-3.79%)
Jan 19, 4:00PM EST
Performance below does not reflect Today's loss of -3.79% so YTD -26.25 in 11 trading sessions. Popular…
Here is a thesis that I have been thinking about for the last several months as I reflect on my investments that in fact peaked on the above chart in July-Aug of 2014 with oil at$110.Caught too many falling knives since.
James A. Kostohryz Positio…
Just for refinery info
Early in 2015, Petrobras commissioned the first of Rnest’s two 75,000-b/d delayed coking units, as well as an 82,000-b/d diesel hydrotreater as part of the refinery’s Phase 2 startup (OGJ Online, Mar. 19, 2015; Mar. 13, 2015)…
Had this discussion before but with 50% B credits or lower and near 50% in Munis PTIAX should be included in a high yield muni discussion.The fund keeps chugging along.
https://www.google.com/finance?q=MUTF:PTIAX&ei=MNKWVrneEpeSefmYudgO
ht…
Sub advisor
http://www.talmagellc.com/investments.html
At Talmage, we have been investing in commercial real estate debt alongside our clients since 2003. During this time, we have made over $10 billion of investments, including
C M B'S, whole loan…
@Ted said 'Just remember, every ship at the bottom of the ocean has a chart room !'
One of your better ones Ted They found another one ! And the chartists are more bearish by the .... hour?
Search Finds Shipwreck on Seabed
by ALEXANDER SMITH JAN …
In Double Line's presentation by Jeff Gundlach yesterday, he related a story of the Tampa Bay vs Raiders Super Bowl game in 2003.He was listening on the radio while walking/running during half-time.Tampa Bay was ahead, already up 20-3 and just befor…
Energy Intelligence Report 12/01/2016
oilprice.com
In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. Oil regained a bit of lost ground on Tuesday morning, but is now danger…
Gundlach ups currency risk for first time in five years
By Michelle Abrego 11 Jan, 2016
‘As of [last Tuesday], we bought some global, mostly developed, non-dollar bonds taking some currency risk in our bond fund. For nearly five years we’ve had near…
Don't Drink the Water
@Hank Hey,too bad you're not going to Mexico...The water's safer there? Enjoy your getaway.It's winter in the midwest.
Four days after declaring a state of emergency over a water crisis in Flint, Michigan, Governor Rick Snyder…
@Old_Skeet. On the domestic side of DEQAX look @ WHGIX.Not much downdraft in '08 and 20% cash @ 9/30/15.Mix of equity,bonds,Pref Shares .Do not own it.Doing research with WSGCX,global converts.Certainly appreciate your input on this forum.You expre…
In mutual fund terms the -3.01% average investor return in 2015 may have looked something like this.
History (12/31/2015) 2015
DODBX -2.87
From a popular and long respected fund family with $14 Bil in assets
http://performance.morningstar.com…
Goldman cuts S&P 500 earnings outlook
Jan 8 2016, 08:00 ET | By: Stephen Alpher
Goldman's equity team cuts $3 per share from its expectation of S&P 500 E P S for 2015-2017. The new numbers are $106, $117, and $126, respectively.The revision …
@DavidV said (assuming no change in the 40% invested in bonds).
As Jeff Gundlach is quoted here concerning unconstrained bond funds but also can be applied to other investments
“The hope is that these funds will be positive through a variety of mov…
China Suspends 'Circuit Breaker' After Trading Halted Again
Agence France-Presse | Last Updated: January 07, 2016 21:16 (I S T)
China will suspend "circuit breakers", the top securities regulator of the communist nation said, after the trading curb…
Global threat not so "Pretty in Pink"
JUSTIFIED: North Korea explains in a video broadcast why it built a 'Hydrogen Bomb of Justice,' FP's Siobhan O'Grady writes: Read more
Watch North Korea Explain Why It Built a ‘Hydrogen Bomb of…SIOBHÁN O…
@Anna said" I leave feeling like a distance relative but still family."
Unfortunately -as @Hank noted** - sometimes M F O discussions bring to mind the old saw "you can pick your friends but not your relatives"
**when heated discussions erupt on p…
100% Cash back or a 40% discount ??
BERLIN (Reuters) - German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a newspaper reported on Thursday.
Without citing it…
