Bob Doll Hears A Bell Ringing At The Bottom
Another bottom caller: Bob Doll, Chief Investment Officer at Blackrock, called a bottom this morning on CNBC’s Squawk Box (9 minute video clip).
Another bottom caller: Bob Doll, Chief Investment Officer at Blackrock, called a bottom this morning on CNBC’s Squawk Box (9 minute video clip).
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All week everybody’s been anticipating this morning’s Jobs Report. After ADP’s report on Wednesday, many were worried that it would be worse than expectations and truly dire. Instead, the 524,000 jobs lost in December are right in line with expectations….
“History teaches that the greatest buying opportunities often arrive at moments of extreme stress in the financial system. Positioning one’s mind, and one’s portfolio, to exploit such moments is vital for generating something other than mediocre performance for the long term. …
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In a piece today, “Golden Correction”, Mark Hulbert writes that sentiment among the gold newsletters that he follows is very bearish. The recommended exposure as of the end of yesterday was 11.5% – down 54% from where it stood last…
The time of maximum pessimism is the best time to buy. – Legendary Investor John Templeton Yesterday Merrill Lynch released their monthly survey of fund managers for October. The survey covered 172 fund managers with $531 billion under management. Merrill…