torsdag den 23. februar 2017

Mellon on the Markets; Robert Stephens on Lloyds Banking Group; and Zak Mir on Eqtec - all in today's Daily Newsletter from Master Investor

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DAILY BULLETIN
Thursday 23 February 2017
Mellon on the Markets: On the road again
by Jim Mellon | Economics | 7 mins. to read
Oil Markets

Well, I'm on the road again. This time, I'm travelling around the US, in part researching for the new book, which I hope will be out in early May, but will definitely be featured in my talk at Master Investor 2017 on March 25th. The other part of the trip is to observe the US in all its glory – and also to understand its weaknesses.

I am writing this in Mama Mia's Trattoria in Portland, Oregon, after a long and rain lashed drive from San Francisco. Luckily, I am accompanied by my old mate and star stock picker Anthony Baillieu, he of Syrah and Aurora Labs. I will be going to Seattle, Jackson Hole, Boise, Boston, St Louis, Denver, Savannah, Memphis and Nashville, with lots of other stops. Then a grand finale back in Frisco.

In San Francisco, where I spend a bit of time and have an apartment, I met with some amazing so called key opinion leaders (KOLs) in the field of longevity and ageing. Everyone I have met in this field has been extraordinarily generous with their time and careful in their explanations to a neophyte. (Big call out for Aubrey de Grey, Laura Deming, Len Hayflick and Walter Borz.) On this trip, we have some exciting stuff lined up in Boston as well....

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LATEST STORIES FROM OUR BLOG

Edison
Margin of safety makes Lloyds attractive

by Robert Stephens | Equities | 5 mins. to read
Lloyds (LON:LLOY) has a valuation which I think is exceptionally cheap. I feel this will be important during 2017, since there are clear risks facing investors. 
 
Click here to read the full story

Evil Diaries
Eqtec: Golden cross aftermath points to 20p plus

by Zak Mir | Trading | 1 min. to read
While it may be over egging it to suggest that Eqtec (LON:EQT) is my new favourite minnow, there is plenty on the technical and fundamental side here to appreciate.
 
Click here to read the full story

Buying opportunity for this market leading small-cap trust

by Nick Sudbury | Funds & Trusts | 4 mins. to read
One of the areas worst affected by Brexit was UK small and mid-cap companies, which sold off heavily in the immediate aftermath of the referendum.
 
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Stamp duty conniptions

by Evil Knievil | Evil Diaries | 1 min. to read
Stamp duty conniptions: readers will remember Osborne upping stamp duty on £1.5m+ properties from 5% to 12% and wondering just who would be muggins enough to pay that. 
 
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Bacanora Minerals: Gap through 200 day line could lead to 110p

by Zak Mir | Trading | 1 min. to read
Bacanora Minerals (LON:BCN) was one of my stocks for 2016, and at least as far as the first half of the year the call was decent. The question for the start of 2017 is whether the shares can deliver in a significant way.
 
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QUOTE OF THE DAY

"Owning stocks is like having children - don't get involved with more than you can handle."
                                                Peter Lynch
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