Observations Upon Election
Source: http://feeds.feedburner.com/~r/ElectionStocks/~3/445989796/Posted on Friday, November 7th, 2008 | In Politics & Your Money
Our writer, Jeff Miller, is also a columnist on Real Money – and through this we have access to the insightful commentary of his colleagues. Detailed below will be several observations by other Real Money writers as of November 5.
James Altucher was the first to note that Asian markets were experiencing positive numbers “on the heels of an Obama win.” He also dug up a couple of Obama’s very own stock picks: AVII, a company developing cures for “diseases related to bioterror,” and Skyterra, a satellite company. According to Altucher, stem cell stocks are also likely to be sensitive, most notably STEM.
Altucher later appeared on CNBC to discuss his favorite Obama sectors: Infrastructre (KBR and MTW), Healthcare (HMA), and Taxes (TYW); and overall he stressed stocks that were cheap and worthy of buying “regardless of policy.”
Jim Gulbrandsen warned that trying to play off any Obama boom in infrastructure could be problematic if the company doesn’t have significant US sales.
Gulbransen also suggested the possibility that Obama could turn out to be like Lula, President of Brazil, who has encouraged Brazil’s greatest capitalist prosperity.
Ken Wolff figured the market wasn’t reacting the election in any predictible fashion, considering oil numbers were on their way up.
Tim Melvin expressed an interesting point of view in response to those who feel Obama’s presidency will be just like Carter’s. Melvin had strong convictions in claiming that there will be market opportunities no matter who is in the White House, citing the vast swaths of money made by Buffet under Carter’s administration.
None other than Jim Cramer recommended GM and F because Obama would not let those stocks fail. Jeff Dorman agreed and added that “their fates are tied to government intervention.”
Last 5 posts by Jeffrey Miller
- A Tough Nut to Crack - October 29th, 2009
- ETF Update: Looking to the Internet - October 25th, 2009
- Healthcare Reform Becoming Less Likely - October 21st, 2009
- ETF Update: Another Look at the Banks - October 18th, 2009
- Identifying Quackery (and Other Mistakes) - October 6th, 2009
AVII;, Brazil, Carter's administration;, election stocks, James Altucher, Jeff Dorman;, Jeff Miller, Jeffrey Miller, Jim Cramer, Jim Gulbrandsen;, Ken Wolff;, Lula, PARTIAL, Politics & Your Money, satellite, Skyterra;, Tim Melvin;, United States, White House
 About Jeffrey Miller (http://www.oldprof.typepad.com)
Jeffrey A. Miller, Ph.D. is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy. In 1987 Jeff began work for market makers at the Chicago Board Options Exchange. His approach included finding anomalies in the standard option pricing models and developing new forecasting techniques. Merging these quantitative techniques with specific company analysis, Jeff also generated trading ideas from sell-side analyst reports. Through his years of experience in trading options, futures and equities, Jeff has come to be regarded as an expert in interpreting the effect of news on the markets and individual stocks. Jeff has served as a forensic expert in several cases involving such issues. He has also written a series of papers on investment management, describing both quantitative methods and those related to behavioral economics. |
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