Pick of The Year (PoTY) 2016

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  • Phoenix7
    Senior Member
    • Nov 2011
    • 3663

    Master Henry ......so is the Stock Of The Year going forward in 2017? The contest is GREAT.....we have all the brains working around here and there are some pretty damn good picks in the field .
    John please consider running the contest for 2017 ....it does provide a great learning experience for all !
    Thank you John .....and have a fantastic New Year!
    Phoenix 7!

    Comment

    • blindsquirrel
      Senior Member
      • Sep 2014
      • 286

      Originally posted by Phoenix7 View Post
      Master Henry ......so is the Stock Of The Year going forward in 2017? The contest is GREAT.....we have all the brains working around here and there are some pretty damn good picks in the field .
      John please consider running the contest for 2017 ....it does provide a great learning experience for all !
      Thank you John .....and have a fantastic New Year!
      Phoenix 7!
      Yes! I have my pick ready and am excited to participate this year!
      Math doesn't lie, but people do.

      Comment

      • mimo_100
        Senior Member
        • Sep 2003
        • 1784

        Originally posted by mimo_100 View Post
        From last January 2016
        From Reuters today

        The 'January effect' for stock markets is fading: Goldman

        by Helen Reid | LONDON
        U.S. and UK equity indexes holding near record highs, a brighter earnings outlook and rising forecasts for economic growth have all spurred talk of the "January effect," or the notion that the first month of the year is always bullish for stocks.

        Data suggests otherwise. A Goldman Sachs analysis of returns since 1999 noted that the January effect has faded compared to a longer history going back to 1974.

        2016 was a particularly rough January for U.S. and European equity markets which suffered one of their worst starts to a calendar year on record.

        Since 1999 the data shows average performance for January has been -0.5 percent against +0.2 percent for all months, relegating the "January effect" to the status of market folklore.

        On average, the STOXX 600 has risen 1.5 percent in January since 1974, compared with an average of 0.7 percent for all months, thought those numbers are flattered by a 27 percent surge in January 1975.

        However, the bank's analysis does find evidence that reallocations across regions are more common in January, a trend that has picked up over the past decade.

        The S&P 500 index is more likely to underperform the STOXX 600 in January, when the American index's valuations look stretched at the end of the year, the Goldman's research found.

        This could be because investors are more likely to shift their regional allocation into markets trading at a discount when starting new mandates at the beginning of the year.

        The S&P 500 trades at just above 17 times forward earnings, close to its highest since 2004, according to Thomson Reuters data. The STOXX 600 trades at about 15 times, putting the differential between the two near its widest in seven years.

        Tim - Retired Problem Solver

        Comment

        • billyjoe
          Senior Member
          • Nov 2003
          • 9014

          Check this out: http://www.businessinsider.com/sears...chances-2017-1

          If it seems that I'm beating a dead horse, I am! If there is a 2017 POTY contest I pick SHLD short. Eddie Lampert sounds like a certain German leader as he realized there was no hope. Best quote is "the snowball is 90% of the way down the mountain"

          ---------------billy

          Comment

          • Phoenix7
            Senior Member
            • Nov 2011
            • 3663

            John Henry put in for NAK LONG Thank You! Gold should be good this year! Thank You for your continuing excellent work!

            Comment

            • billyjoe
              Senior Member
              • Nov 2003
              • 9014

              SHLD short for me. Thanks, John Henry.

              ------------billy

              Comment

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