The Money Runner
No Place to Hide – Alpha Select Update July 2014
Alpha Select – July 2014 Update *Alpha Select – MTD (-2.94%) YTD +6.81% **S&P 500 – MTD (-1.51%) YTD +5.52% * Net of Fees ** Includes Dividends By David Nelson, CFA Yesterday’s Sell-Off Was Different Yesterday’s decline started off as an ordinary pullback but quickly morphed into something more serious by day’s end. The key […]
FOMC Statement – The One Word that Matters Most
By David Nelson, CFA This week’s FOMC meeting is expected to be a yawner. It’s the middle of summer, it’s hot and half of Wall Street is on vacation. Like it or not Yellen and team will issue a statement that most believe will contain few fireworks. Below are some comments I came across this […]
Mr. Bezos – Please Sir, I’d Like Some More
By David Nelson, CFA Just some quick thoughts from last nights’ Amazon (AMZN) conference call. Amazon (AMZN) may be at a crossroads with investors. No one is questioning the success of the company or Jeff Bezos vision. Unfortunately this vision demands levels of investment that wipes out profits and continues to force investors to look […]
Big Mac & Coke – Investors Aren’t Lovin’ It
By David Nelson, CFA Few companies have dominated their categories more than McDonalds (MCD) and Coca Cola (KO). Since 1982 both are up well over 5000%. Warren Buffett who seems to love iconic brand names has owned both. Coke of course is still one of his larger positions however Mr. Buffett sold out his position […]
Don’t Shoot the Messenger! – Fed Chair Yellen
By David Nelson, CFA A cloud of controversy seems to have swept up the media regarding Fed Chair Yellen’s Congressional testimony where she signaled out two sectors or asset classes that she believes are showing some signs of froth. “How dare her”; voices from the crowd yelled. The morning after echoed those of a lynch […]
Top Down Vs Bottom Up – Which Investor Has the Edge?
By David Nelson, CFA There’s no shortage of articles from the financial community calling for a significant market downturn. The best point out excess and froth or data that has slipped under the radar. Pointing out red flags is healthy and part of the investment process. The worst make tired arguments of impending doom because […]
Half Time Report – Alpha Select Performance Update
Alpha Select – June 2014 Update *Alpha Select – MTD +2.53% YTD +10.04% **S&P 500 – MTD +1.91% YTD +6.96% * Net of Fees ** Includes Dividends By David Nelson, CFA June was a solid month for markets and marks the half-way point for 2014. Alpha Select finished with another strong showing hitting double digit returns […]
