Although we don’t put much faith in stock market forecasts, even our own, those we made at the beginning of the year look pretty good right now. This article offers a brief retrospective and outlines what stock and bond market trends we expect for the second half of 2013.
This Turnaround Letter retrospective outlines 2012’s significant S&P 500, MidCap 400 and SmallCap 600 gains—and less significant annual Dow climb--as well as corporate bankruptcy patterns for the past year. George Putnam also looks to 2013 market activity, forecasting a less sizeable S&P gain and cautioning investors against one securities class.
“A Recap of 2012 and a (Reluctant) Forecast for 2013” outlines 2012’s significant S&P 500, MidCap 400 and SmallCap 600 gains—and less significant annual Dow climb. Looking to 2013, The Turnaround Letter forecasts a less sizeable yet still generous S&P gain but does caution investors against one securities class.
The Turnaround Letter analyzes historic election cycle market data and offers its unique insight on the coming months. Read “Whither this Election Year Market” to see how the Obama-Romney battle could impact Wall Street—and your wallet.
Most of the time, we focus on fundamental business factors that affect the values of particular stocks. But at this time of the year, we often see artificial selling pressures that may present buying opportunities almost regardless of stock fundamentals or market conditions.
At this time of the year, we often see artificial selling pressures that may present buying opportunities almost regardless of stock fundamentals or market conditions. These selling pressures come from two sources… [Identifying ten year-end turnaround, or “bounce”, opportunities across the market]
These contrarian stock picks represent a diverse group of companies that have been among the worst performers in the Russell 2000 over the past year or so, trade reasonably actively and have decent businesses with good long term investing turnaround potential.
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