Epiphany Investing

Searching Out the Optimal Portfolio of “Revelation” Stocks

With Circuit City the Poster Child, Consumer Retail is Full of Land Mines

Today’s news that Circuit City would close 155 stores and re-negotiate leases on 566 others certainly isn’t shocking - the company has been an awful operator for several years and is one Hail Mary away from insolvency. That said, we shouldn’t ignore the potential harbinger of weakness across anything related to discretionary consumer spending.
I’m frankly [...]

Barron’s Puts a Bull on the Cover; Abelson Notes Consumer Weakness

Ok, so it was a wounded bull, broken and fight-battered. But he was still standing, and Barron’s continues to sing a bullish, albeit muted tone. In his leadoff piece Alan Abelson noted that nobody really trusts the initial GDP figure for the 3rd quarter of (.3%), with most seeing the number fall when official numbers [...]

More on this topic (What's this?)
Bullish Investor Sentiment Rises, But... (Disciplined Approach to Investing, 3/12/10)
A Figment of the Bulls' Imagination (Financial Armageddon, 3/5/10)
BULLISH SENTIMENT SURGES NEAR JANUARY HIGH (THE PRAGMATIC CAPITALIST, 3/11/10)
Read more on Bull market at Wikinvest

Asian Markets Up; China Mobile to Report Today (CHL)

The Shanghai Index has been essentially flat today, but other Asian markets are markedly higher on the news of a $150 billion “backstop” plan by South Korea for loans and bank capital; The Hang Seng was up over 4% in mid-day trading, while the Nikkei was up about 3%.
The other big news today was China’s [...]