Blogs Posts on "Contrarian Investing"

Gold is a Lousy Investment by Market Commentary From Charles Lewis Sizemore, CFA on Nov 22, 2009Yes, you read me correctly. Gold, despite recently surging to new all-time highs, is a truly lousy investment. And this is not just my view; it is the view of Benjamin Graham, the mentor of Warren Buffett and the father of modern investing! Consid...

Must the Dollar Fall if Stocks Rise? by Market Commentary From Charles Lewis Sizemore, CFA on Nov 19, 2009You know the drill: stocks up, dollar down. With investors rediscovering their appetite for risk, the dollar has lost its appeal as a safe haven and has resumed the downtrend it was in long before the financial crisis. So, a falling dollar only mak...

My New SFO Weekly Trade: Short the Euro by Market Commentary From Charles Lewis Sizemore, CFA on Nov 2, 2009My new trade recommendation in SFO Weekly is to Short the Euro. Here is a snippet from the article: In perhaps the greatest contrarian signal we’ve seen to date concerning the dollar, Barron’s reported that several sovereign borrowers –...

Excerpts from 3rd Quarter Letter to Investors by Market Commentary From Charles Lewis Sizemore, CFA on Oct 14, 2009Excerpts from Sizemore Capital Management 2009 Third Quarter Investment Outlook and CommentaryTo Our Investors,The rally that started near the end of March has continued strongly through the third quarter, and widespread fears of a September crash pr...

Excerpts from 2nd Quarter Letter to Investors by Market Commentary From Charles Lewis Sizemore, CFA on Aug 7, 2009During the second quarter of 2009, things certainly took a turn for the better. The economy shrank at a slower pace than expected, and stocks and other risky assets rocketed off of their panic lows of the first quarter. Investors appeared to reach...

Is Obama Bullish or Bearish for Stocks? by Market Commentary From Charles Lewis Sizemore, CFA on Jun 14, 2009Continuing our theme on contrarian investing, today we're going to talk about the Obama Effect on the stock market. President Obama is not, shall we say, the most "business friendly" president in recent decades. If taken at face value, some of wh...

A Contrarian's Dream Scenario by Market Commentary From Charles Lewis Sizemore, CFA on Jun 1, 2009We have been pleasantly surprised with the strength of the stock market rally that started in March. We’ve also been somewhat skeptical of its sustainability. After all, the market has surged by more than 40% in less than three months. Still...

The Bearish Bull Market by Market Commentary From Charles Lewis Sizemore, CFA on May 14, 2009With stocks up roughly 40% from their recent lows, it's fair to ask: what now? Can this rally continue? Or are we due for a correction first?As we've written in numerous prior posts, the stock market is almost completely driven by psychology,...