Editor's note: Welcome to Stockpickr's "Barron's Roundup." Each weekend, James Altucher presents Stockpickr portfolios related to articles in the latest issue of Barron's.
Preferred Treatment: This Barron's article contends that the biggest investment bubble today is in U.S. Treasuries. It says prices on government debt are set to go lower but adds there's opportunity in the rest of the bond market. The article recommends shorting Treasuries with the Ultrashort Lehman 20+Year Treasury Proshares(TBT Quote) and getting long the iShares iBoxx $ High-Yield(HYG Quote) or convertible securities on stocks such as Ford Motor(F Quote) and Citigroup(C Quote).
Bottom Caller: Barron's interviews Laszlo Birinyi, founder and president of Birinyi Associates. His firm, located in Westport, Conn., manages around $250 million in assets. Birinyi recently published a note saying the S&P 500 would bottom at 750. Some of the stocks he likes include General Electric(GE Quote) and Amazon.com(AMZN Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
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UP
20.63
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UP
6.40
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UP
31.64
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UP
0.59
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10 Yr
3.55%
SPDR Gold
108.95
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+0.20%
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+0.58%
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+1.45%
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+1.69%
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