Latest news with #MikeLarson
Associated Press
3 days ago
- Business
- Associated Press
MoneyShow Announces 'Mid-Year Portfolio Review' Jun. 17-18, 2025
AUSTIN, Texas, May 30, 2025 (GLOBE NEWSWIRE) -- MoneyShow, a leading producer of live and online financial conferences for investors, traders, and financial advisors, is pleased to announce the upcoming 'Mid-Year Portfolio Review' on Jun. 17-18, 2025. This fully virtual event will bring together more than 15 renowned speakers who will recap market activity in the first half of the year with attendees – and help them prepare their portfolios for the second. They will cover investment allocation principles, portfolio strategies, and trading tactics during the two-day event. Plus, they will explore trends in all major asset classes, including equities, debt, and alternatives such as precious metals, real estate, cryptocurrencies, and private credit/private equity. Mike Larson, Editor-in-Chief at MoneyShow, highlighted the significance of the coming event: 'The year started on a promising note. But sweeping tariff measures, stubborn inflation, and persistent geopolitical stand-offs have caused considerable turmoil in the financial markets. Our exceptional lineup of speakers will provide in-depth context to these market moves, as well as share highly actionable strategies to optimize portfolios for the remainder of 2025.' MoneyShow conferences are recognized for offering premier educational experiences, as well as fostering productive networking environments to help attendees reach their financial goals. This summit will bring together leading economists, market analysts, money managers, and professional traders. Attendees will get a 360-degree view of asset market activity in the past six months – and help understanding which investments look the most promising going forward. The virtual format will also allow attendees to access live market analysis, portfolio recommendations, and a wealth of educational resources. Interactive features include virtual booths showcasing investment opportunities, one-on-one Zoom meetings with company representatives, and insightful presentations. Participants can also engage directly with thought leaders, access exclusive discounts, and have the ability to win prizes during illuminating sessions. Notable speakers include Omar Ayales, Editor, Gold Charts R Us; Nancy Davis, Managing Partner and CIO, Quadratic Capital Management, LLC; Jamie Dlugsoch, Editor, The Rational Trader; Bob Elliot, Co-Founder, CEO, and CIO, Unlimited Funds; Jeffrey Hirsch, Editor-in-Chief, The Stock Trader's Almanac & Almanac Investor; John Rutledge, Chief Investment Strategist, Safanad; Amy Smith, National Speaker, Investor's Business Daily; and Eoin Treacy, Head Analyst, FullerTreacyMoney. The full roster of speakers can be accessed here: Sponsors and media partners of the expo include prestigious organizations such as The Deal Alliance, Barron's, Investor's Business Daily, and MarketWatch. MoneyShow has partnered with IBN (InvestorBrandNetwork) to amplify the digital reach of the event. IBN's extensive network includes over 5,000 syndication partners, such as Apple News and MarketWatch, as well as 60+ IBN brands with millions of followers. As the official media sponsor, IBN will enhance recognition for speakers, participants, and the event through cutting-edge digital and social media strategies. Randy Clark, Director of Global Operations at IBN, emphasized the value of the event, stating, 'MoneyShow organizes industry flagship events that draw highly-sought after speakers and a high-calibre audience. The state-of-the-art educational resources and insightful market intelligence at these events has proved to be indispensable for investors across all categories and assets. This conference shall offer unparalleled opportunities to deepen understanding of market mechanics, as well as uncover avenues of exceptional value offering robust potential returns and prudent risk management. We are excited to collaborate with MoneyShow and deliver a powerful experience for attendees.' Registration for the event is available at the following link: About MoneyShow MoneyShow has a long history of creating successful investors and traders through timely investing and trading education, delivered by powerful experts who are best-selling authors, market analysts, portfolio managers, award-winning financial journalists and newsletter editors. With MoneyShow's interactive environment, our audience of over one million passionate investors and traders are offered a unique format of live, interactive exchange, which generates unparalleled experience for both the expert and the investor and trader. With constant network expansion, we continue to create broader distribution of our expert commentary through virtual events, face-to-face forums, social media, and in-depth courses that educate and guide qualified investors and traders to outperform the market. Each session energizes, empowers, and educates everyone who participates. The opportunity for learning and profit within this highly charged atmosphere draws hundreds of thousands of enthusiasts, year after year. General Inquiries: Debbie Osborne Raible Sr. VP, Media and Programming [email protected] 941-373-2238 About IBN IBN consists of financial brands introduced to the investment public over the course of 18+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients. Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Corporate Communications IBN Austin, Texas 512.354.7000 Office [email protected]
Forbes
23-05-2025
- Business
- Forbes
Amid Debt & Deficit Turmoil, Where Can Investors Turn?
Rising government debt. Exploding budget deficits. They have bond AND stock markets spooked. With rates on the rise, how can investors cope? Here are a trio of top strategies and picks favored by MoneyShow contributing experts. Mike Larson The 'AAA Age' is over. Moody's Ratings just stripped the US of its last top-notch credit rating, citing ballooning government debt and budget deficits (plus other factors). You can read more about what happened and why in my MoneyShow Market Minute column from this morning. Here, I want to talk about what it means for interest rates. Check out the MoneyShow Chart of the Day – the CBOE 10-Year Treasury Note yield Index going back 12 months. TNX tracks the 10-year yield with a decimal place shift. In other words, a value of 44.41 equates to a yield of 4.441%. CBOE You can see that yields have chopped around a lot in the past year. But in the shorter-term, TNX broke above the 50-day moving average AND minor overhead resistance at $44. This chart doesn't yet incorporate the further rise in yields the close later will be important. If the $45 level gives way, it opens the door for a move to the January highs around $48 (a 4.8% yield). If you're trading bonds in any format – bond futures, futures options, or via Treasury ETFs like the iShares 7-10 Year Treasury Bond ETF (IEF) or iShares 20+ Year Treasury Bond ETF (TLT) – pay attention to these key levels. They could be ones to use as stop-out or trade-entry points, depending on what happens in the first one-two trading days after the Moody's downgrade. Bryan Perry Cash Machine The lowering of the US credit rating by Moody's, which essentially aligns its outlook with that of Standard & Poor's and Fitch, was seen as an eventuality by market participants. Meanwhile, I continue to like Petrobras SA ADR (PBR) Soon after the markets opened lower Monday, with the 10-year breaching 4.5% and the 30-year Treasury seeing 5%, the bond market caught a midday bid. Treasury Secretary Scott Bessent stated the Moody's downgrade is a lagging indicator and that current policy directives aim to bring down the federal deficit. Petroleo Brasileiro SA (PBR) Without much explanation or details as to what is the blueprint to slash the federal deficit, the market bought his response at face value. But I am highly skeptical of his position regarding this issue. Either he knows of a pool of endless money to buy the US Treasury auctions or there will be a shortage of buyers of US debt at some point. As for PBR, it reported quarterly adjusted earnings of R$1.81 per share for the quarter ended March 31. That was lower than the same quarter last year, when the company reported EPS of R$1.85. Revenue rose 4.7% to R$123.30 billion from a year ago; analysts expected R$125.08 billion. The mean earnings estimate of analysts has risen by about 9.4% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates. The current average analyst rating on the shares is 'Buy.' Recommended Action: Buy PBR. Keith Fitz-Gerald 5 With Fitz Headlines are trumpeting that the 30-year US Treasury Bond Yield topped 5%, while the 10-year yield hit 4.5%, on deficit concerns. Nice try. US debt has hit those levels because buyers are walking away as traders reprice risk. Here is one way to cope regardless. It's something we've been talking about since last Sunday when I warned you very specifically about it, together with a downside test this week. Remember how the game is played. Highly leveraged traders – a.k.a. the big money – borrow boatloads of moola to magnify returns. 10-Year Treasury Note Index When rates rise, the vigorish costs more so they sell: A) To reduce the risk of institutional-size margin calls by reducing their VaR (Value at Risk) and B) Because every dollar they'd otherwise fork over in interest to pay for their leverage costs more while also becoming a performance drag. Both of those reduce bonus potential. What to do? Funny you should ask. I recently sat down for a wide-ranging interview with my colleague, the fabulous Scott 'The Cow Guy' Shellady. He wanted to know how and why the spike in Japanese government bonds would impact investors here. It's not something that's widely talked about because most financial advisors, frankly, haven't got a clue how international markets work. But they probably should, IMHO. This really IS a bigger deal than people think, which is why smart investors will pay attention. My investing tip: Low-beta, high dividend stocks are going to be your best friend if there's some volatility ahead like I think might be the case. Hopefully you've got your shopping list ready.
Forbes
25-04-2025
- Business
- Forbes
Volatility Here To Stay! 3 Ways To Profit (and Cope)
Market volatility is not going ANYWHERE! That much is clear from the last several weeks. So, how can investors profit – and copy – regardless? Here are three strategies put forward by top MoneyShow in-house and contributing experts. Mike Larson MoneyShow Few things are as exciting as 'face-ripping' rallies in the stock market. One minute, you're watching your trading positions sink into the abyss. The next, you're seeing them soar – and you're frantically scanning the newswires, social media, or financial television to see what happened. The only problem? The biggest one-day rallies usually come in BEAR markets, not BULL runs! Take a look at this MoneyShow Chart of the Day, with data from Hulbert Ratings and MarketWatch. The Nasdaq 100 was created in 1985. Since then, only 16% of its trading days (through mid-2024) were during bear markets. Bear Markets Hulbert Ratings Yet a whopping 90% of its biggest 'up' days – gains of 10% or more – occurred during bear markets. So, did a sizable majority of its 5%-or-more 'face-rippers.' Then there's the Dow Jones Industrial Average, the granddaddy of the major indices. Look at this table of its top 10 one-day percentage rallies from Wikipedia. You can see that six of ten came between of the remaining ones were in October 2008…while another was in March 2000. The biggest gain was 15.3% in March 1933, while the tenth-biggest was 9.4% back in February 1932. Largest daily percentage Hulbert Ratings If you know your market history, you know a little about those periods of time. They came during, at the start of, or only just after the end of some of the worst Dow bear markets in history! Keep that in mind when you see days like April yesterday's intraday surge. The key to a lasting turn isn't just a face-ripper or two. It's a steady, base-building process that can lay the groundwork for a more-durable, more-powerful move. Marc Lichtenfeld Wealthy Retirement I recently discussed two strategies for generating income in this tough market environment. While selling covered calls and naked puts is a conservative strategy, some investors prefer more of a 'set it and forget it' approach. Fortunately, there's a simple solution: Bonds. You may have never invested in a bond, but they're actually easier to understand than you might think. When you buy stock, you own a piece of a business. But when you buy a bond, you are a creditor to the business. As anyone who's ever owned a business knows, creditors get paid before owners. Otherwise, the creditors take your business. A bond is a contract between a borrower (the company) and a lender (the bondholder). The company must pay bondholders a predetermined amount of interest on specific dates and then pay the loan off in full on the maturity date. No ifs, ands, or buts. There is no wiggle room. If the company does not live up to those obligations, it is in default, and bankruptcy proceedings start. If a stock falls in price, you have to pray to the investing gods that it will come back up and make you whole. If a bond falls in price, it doesn't 'matter,' because the company will pay $1,000 per bond on the bond's maturity date, no matter what. If it doesn't, it's in default. Most bonds are incredibly safe. Investment-grade bonds default at a minuscule rate – way less than 1%. Non-investment-grade bonds, also known as high-yield or 'junk' bonds, default around 4% of the time. However, the overwhelming majority of those defaults are from the lowest-graded bonds, rated CCC or lower. A bond with a grade of B- or higher has a very low chance of default. Lastly, my favorite feature about bonds is that you know exactly how much you are going to make over a specified period of time. You'll never have that kind of certainty with a stock. In short, bonds provide both income and security, with no exposure to the stock market's volatility. If the wild swings of the stock market are causing you stress, consider moving some money into individual bonds. Tim Plaehn The Dividend Hunter The recent market pullback has put some great dividend stocks on sale. Energy midstream has been a hot sector for several years, driving up share prices and driving down current yields. I like Plains GP Holdings LP (PAGP). On March 31, PAGP yielded close to 7%. Now, with the share price down over $2, the yield is closer to 8%. PAGP is the strongest dividend grower in the Dividend Hunter portfolio, growing by more than 10% per year. Buying PAGP shares on sale locks in a great yield and future income growth. (Editor's Note: Tim will be speaking at the 2025 MoneyShow Masters Symposium Las Vegas, scheduled for July 15-17. Register your interest in attending HERE.) PAGP QuoteMedia Given the recent market pullback, it's also good to look into how your portfolio is doing. Although this is a broad market pullback, some sectors and even stocks will fare better than others. When this happens, I like using Magnifi to perform a portfolio health check. Recommended Action: Buy PAGP.
Forbes
11-04-2025
- Business
- Forbes
Bonds Bludgeoned, Dollar Dumped, Gold Gains. Markets have been moving
Sure, the stock market has been moving. But it's the action in government bonds, the US dollar, and gold that REALLY stood out this week. Here are some thoughts on what happened – and what it MEANS for investors – from top MoneyShow experts. Mike Larson MoneyShow What's it going to take to get a real, LASTING rally in the stock market? Cooperation! Think back to Wednesday. After President Trump paused most of his tariffs for 90 days, the Dow Jones Industrial Average launched its biggest point rally EVER. The S&P 500 surged the most since 2008. The Nasdaq? It jumped more than 12%, its biggest single-day rise since the Dot-Com Bubble days. But gold didn't give back much of its earlier gains. Neither did Treasury yields. Those turned out to be 'tells' – signs of stress elsewhere in the market that suggested equities could be vulnerable. And sure enough, stocks gave back a significant chunk (though not all) of their gains Thursday. You can see the action in today's MoneyShow Chart of the Day. It shows how E-Mini S&P 500 futures (ES) have been trading over the last few days in blue – along with gold futures (GC) in red, dollar index futures (DX) in blue-green, and long bond futures (ZB) in purple. ES, GC, DX, ZB Futures (4-day % Change) While other asset classes DID react to the stock market surge, those reactions weren't very powerful. Then overnight and into Thursday, bonds resumed selling off along with the dollar, while gold jumped again. When you have bonds selling off, the dollar selling off, and gold rising, it tells you something. It suggests 'Big Money' is abandoning US assets – and repositioning some of the money into one of the longest-term stores of value. It's impossible to know if it's being done as some form of retaliation (China selling US assets as part of the trade fight). It could just be global investors moving their money elsewhere because they don't like the uncertainty caused by Trump's erratic policymaking approach. Whatever the reason, the outcome is the same. Stock market rallies will remain suspect and 'squishy' until equities get some cooperation from other asset classes! Clif Droke Cabot Turnaround Letter Last week was a nasty one for the market, and while some holdings fared better than others, there was definitely some bloodshed in the portfolio. But I still like Agnico Eagle Mines Ltd. (AEM). AEM was just downgraded to 'Neutral' from 'Buy' with a $110 price target at UBS. The bank believes Agnico will continue to deliver against its guidance while generating robust free cash flow and increasing cash returns to shareholders. But it sees 'limited near-term volume growth' and believes the company would need to 're-rate further to justify material upside with gold at $3,000 an ounce.' Agnico Eagle Mines Ltd. (AEM) The analysts at UBS further said Agnico's relative valuation looks 'stretched' after an outperformance that was driven by industry peers struggling against production guidance, cost inflation, and questionable M&A track records. UBS also noted that at 8.2x its spot enterprise valuation-to-EBITDA, Agnico now trades in line with its five-year average multiple and implies the stock is discounting a more than $3,000 gold price. I happen to disagree with the firm's assessment of AEM's upside being limited. Instead, I see AEM as a continued prime beneficiary of the ongoing secular gold bull market, which is being driven by a number of catalysts — not the least of which is the persistence of global economic uncertainties. Adrian Day Global Analyst A change in the monetary system presages a commodity bull market. Not only gold, but commodities generally will likely respond positively to what's underway. The Fed is changing policy. This shift is already underway. In March, the Federal Reserve decided to reduce the pace of the roll-off from the Fed's balance sheet. While not changing the reduction in Mortgage Backed Securities (MBS), the Fed slashed the rate of the roll-off in Treasuries from an already-cut $25 billion a month to just $5 billion. Given a balance sheet of $6.76 trillion ($4.23 trillion of which is in Treasuries), Bill Fleckenstein is right to call this 'a rounding error.' The balance sheet remains higher, by more than 60%, from where it stood on the eve of Covid, despite three years of QT. During his post-meeting press conference, Fed Chairman Jerome Powell was at pains to say repeatedly that nothing should be read into this. It was to do with money markets, he said, or maybe to do with the debt ceiling, but 'don't take any signal from it.' That is just plain nonsense. This move is clearly to help the long-term Treasury market, which already has few buyers at current rates. Powell himself said the Fed would stop the reduction in Treasury holdings 'at some point.' In my view, it is a precursor to a new round of QE from the Fed, likely later this year. It may not be called QE, but that is what it will be. Whether we see just QE and tariffs or a broader set of policies, depending on whether they are implemented successfully, they would likely lead to more stock market weakness. Not to mention bond market weakness and some dollar weakness. Commodities All Time Low Every one of these policies would be gold-positive, if only by increasing uncertainty, both in the near term as well as over the longer term. Gold reacts positively to chaos and uncertainty, to disruption and volatility. Plus, commodities are as low relative to financial assets as they have been at any time in the last 100 years. They are cheaper even than at three previous points of extreme undervaluation. I must quote Goehring & Rozencwajg: 'If gold is the canary in the coal mine, it is singing loudly.'
