Avi Gilburt rejoins the Marketplace Roundtable to share his prognosis on the market after a bumpy year. He reviews the basis of his investing style, and its roots in investor sentiment. He sees the potential for both a strong correction and an eventual bigger rally, which leaves him looking for a better entry point. The story is similar in bitcoin and metals as well. Topics covered:  2:00 minute mark - Description of "Fibonacci Pinball" and "Elliot Wave." 4:30 - What do these theories say about today's market? 6:30 - How does this affect your investing strategy? 9:00 - Lessons learned. 10:30 - What to look for when entering into an investment. 13:30 - Would your investing strategy be useful in dealing with anything from the past year or so? 15:00 - Can central bank action affect Elliot Wave cycle? 18:00 - Does anything scare you about the markets or your portfolio? 19:15 - What gives you confidence? 20:00 - Bitcoin bottom and rally. 22:30 - Specific ideas recommendations.

Marketplace Roundtable #51: The Market's Next Legs Down and Up With Avi Gilburt

The Fortune Teller joins the Marketplace Roundtable Podcast to discuss his investing experience as reflected in the&nbsp;Wheel of Fortune&nbsp;service. TFT's strategy starts with a comprehensive view of the entire market across asset classes. The primary concern is risk. "We think that our first responsibility is assessing and calculating the risk," says TFT. "Risk management lies at the very core and essence of everything we do." Overall, the disconnect between markets and the real economy "is becoming a bit alarming." This disconnect scares TFT, who cites a slowing job market in the U.S., lower GDP growth, and manufacturing PMIs in contraction territory as concerns about the big picture. This doesn't prevent TFT from developing new investing ideas. It publishes more than 200 each month. Favorite ideas right now start with preferred shares: New York Mortgage Trust 8% (NYMTN), Series B or E of Colony Capital (CLNY), and Teekay LNG Partners Series B (TGP.PB). TFT also likes precious metals. "We prefer silver over gold because we believe silver has a better chance to catch up," he says. Among consumer staples, CVS Health Corp (CVS) and Walgreens Boots Alliance (WBA) are favorites. Many other ideas are discussed toward the end of the podcast, including in energy MLPs, pharmaceuticals, telecommunications, and more.&nbsp; Topics Covered  2:45 - Investing strategy 5:30 - What asset classes do you invest in? 7:00 - Key lessons learned 13:30 - Something new learned in the last year 17:30 - How does the rest of 2019 look? 27:15 - Thoughts on specific market sectors? 33:00 - Something scary about the markets 40:00 - Something that gives you confidence in your approach 46:00 - Favorite ideas  &nbsp;

Marketplace Roundtable #52: Picking Stocks In Irrational Markets With The Fortune Teller

This trailer previews our initial two shows on The Investing Edge, from Value Investor's Edge Live hosted by J Mintzmyer, and The Razor's Edge, hosted by Daniel Shvartsman and Akram's Razor.  Our excerpt for Value Investor's Edge Live is from our first episode, where J Mintzmyer speaks with Robert Bugbee of Scorpio Tankers about the company's comfortable cash position and the pending catalyst of IMO 2020.  Our excerpt from The Razor's Edge is from the first episode, which covers Disney, Netlfix, and the streaming universe. Daniel Shvartsman asks Akram's Razor about whether Netflix can solve a budding challenge - too much content on the service.  The Investing Edge is a podcast channel on Seeking Alpha that features shows from different Seeking Alpha authors, with a focus on their unique investing style. Authors will speak with CEOs and industry experts, break down key market stories and topics, and share insights on how they research new investments.  The first two shows on The Investing Edge are:  Value Investor's Edge Live, hosted by J Mintzmyer of Value Investor's Edge. The show will feature J's conversations with publicly traded shipping company CEOs, sector experts, and fellow deep value investors about their companies and investing approaches.  The Razor's Edge, hosted by SA podcast host Daniel Shvartsman and Seeking Alpha author Akram's Razor of The Razor's Edge.

The Investing Edge Trailer: Talking Scorpio Tankers' Opportunity And Netflix's Big Challenge

Thomas Lott, an adherent to Graham and Dodd/Buffett style investing, joins the Marketplace Roundtable Podcast to discuss his strategy as reflected in the Cash Flow Compounders&nbsp;service. Lott seeks companies that have the ability to compound earnings per share better than market rates over an extended period of time. In this case at least 8%, which is more than the 6% annual average in the S&amp;P 500 since 2015. It's not just about earnings growth, however. Investment-grade balance sheets, higher return on equity, high margins, and stocks that didn't lose material value during the Great Recession are additional factors that go into Lott's screen. Right now he has a list of "about 100 names" that he considers "best in class" and an additional list of 200 second-tier stocks. The critical decision is choosing an entry point for investing. Here Lott tracks prices to identify when stocks trade cheaply "to their typical trading patterns." He ranks the 100 names on a daily basis using "four or five metrics" and then does more fundamental work "to figure out if this is something I want to own." Right now, Lott sees markets "kind of at an inflection point" where there could soon be a shift from growth back to value stocks. One of his favorite ideas right now is Wabtec Corp. (WAB), a manufacturer of locomotives and locomotive parts that recently acquired GE Transportation. There are several factors that go into his thesis, all of which are discussed on the podcast starting around 19:31. Topics Covered  2:00 minute mark - Investing strategy 7:00 - How much does balance sheet factor in to your analysis? 8:15 - What have you learned during your investing career that you find valuable right now? 10:30 - Lessons from the past year 13:45 - Something that scares you about markets/portfolio right now? 15:15 - Something that gives you confidence? 17:00 - Are you concerned that "safer" stocks could also be punished in a recession related sell-off? 19:30 - Favorite ideas. (DELL) (WAB) (CMCSA)  &nbsp;

Marketplace Roundtable #53: Finding Cash Flow Compounders And When To Buy, With Thomas Lott

Michael Kramer, founder of Mott Capital Management, joins the Marketplace Roundtable Podcast to discuss his investing experience as reflected in the&nbsp;Reading the Markets service. On the whole, he is "very bullish on the equity market," believing another up leg to be imminent that will be reminiscent of the late 2016 to early 2018 period. For 2020, he has a target valuation of 3,400 for the S&amp;P 500, corresponding to an increase of about 10% to 15% from current levels. He also shares some of his top picks. Topics Covered:  2:00 - Investing strategy/key lesson 6:15 - Something new learned over the past year 8:15 - View of macro picture 15:00 - Thoughts on equity market sectors 19:45 - Anything that scares you about the markets or your portfolio? 20:45 - Something that gives you confidence 23:00 - Concerns about recession, inflation, manufacturing? 25:00 - Favorite ideas (DIS) (NFLX) (T) (SQ) (AMD)

Marketplace Roundtable #54: Mott Capital's Michael Kramer On The Coming Equities Rally

The Marketplace Roundtable Podcast features interviews with our Marketplace authors about their investing approach, views on the market today, and some of their favorite investing ideas.
The Seeking Alpha Marketplace is a platform for investing services that helps investors take their investing to the next level. Authors provide exclusive ideas, subscriber chat rooms, model portfolios, and one-on-one access with subscribers. In these interviews, you’ll hear how these authors approach their investing and how they try to improve their process and results over time, and hopefully it will give you a few ideas for how to raise your investing game.

SA Marketplace Roundtable