Thursday, April 24, 2014
BEAT THE MARKET WEEK
The Loomis Sayles Bond manager expects rates to trend higher, but growing geopolitical tensions are reasons for concern in the credit markets.
STOCK ANALYST NOTES
Apple is keeping loyal customers in developed markets, while an expanded presence in China has enabled the firm to pick up millions of first-time iOS device buyers, as well, says Morningstar's Brian Colello.
MORNINGSTAR MINUTE
The combination of manager skills and lower beta make these funds attractive options for investors seeking lower-volatility alternatives to the S&P 500.
    HEARD ON THE BOARDS
    Who are your favorite active managers and why? What is it about their process, track record, or other factors that you like?
      Morningstar Minute
      SECTOR FOCUS
      Low-cost resources will allow these basic materials names to maintain their profit margins despite a slowdown in China.
        Morningstar Specialists
        SAM LEE: RATIONAL INVESTING
        Eugene Fama and Kenneth French's study on the distribution of manager skill.
          BOB JOHNSON: READING INDICATORS
          Decent earnings news, a conciliatory Fed, and better-than-expected retail data boosted markets this week, but China and housing data remain troubling.
            REKENTHALER REPORT
            Ten years later.
              CHRISTINE BENZ: REAL-LIFE FINANCE
              Morningstar's Christine Benz suggests that even dedicated do-it-yourselfers should follow these key steps.
                JOSH PETERS: DIVIDEND INVESTING
                It's a mistake to assume MLPs will continuously increase their distributions, says DividendInvestor editor Josh Peters, who discusses why he recently sold
                several names.
                  MATT COFFINA: WIDE-MOAT INVESTING
                  Though currently a small percentage of the sector, distributed generation is a threat that could erode utilities firms' moats over the long term, say Morningstar's Matt Coffina and Travis Miller.
                    Mutual Funds
                    FIVE-STAR INVESTOR
                    These actively managed offerings are led by experienced managers and have beaten their benchmarks during the past decade.
                      Real Life Finance
                      VIDEO REPORT
                      Investors need to observe all the factors in their total wealth allocations and adjust their portfolios accordingly based on nonfinancial assets.
                        Stocks
                        STOCK STRATEGIST
                        This firm has carved out a profitable niche in the engineering and scientific consulting industry, says Morningstar’s Todd Wenning.
                          Perspectives
                          PERSPECTIVES: Oaktree
                          Most great investments begin in discomfort.
                            ETFs
                            ETF INVESTING
                            The most important idea in investing.
                              Closed-End Funds
                              CEF WEEKLY
                              Smart investors would steer clear of these high-premium investments.
                                Bonds
                                VIDEO REPORT
                                Instead of outguessing short-term interest rate moves, fund shop Baird looks to add value on yield curve positioning, individual security selection, and sector allocation, and is currently finding opportunities in corporates.
                                  Market Barometer
                                  Lg
                                  Md
                                  Sm
                                  Value—Growth
                                  Day Return
                                  +1.25%
                                  0
                                  -1.25%
                                  1Wk Return
                                  +1.25%
                                  0
                                  -1.25%
                                  1Mo Return
                                  +4%
                                  0
                                  -4%
                                  3Mo Return
                                  +8%
                                  0
                                  -8%
                                  1Yr Return
                                  +20%
                                  0
                                  -20%
                                  3Yr Return
                                  +20%
                                  0
                                  -20%
                                  1Wk1Mo3Mo1Yr3Yr
                                  Market Consensus
                                  312K
                                  Actual
                                  329K
                                  Market Consensus
                                  2750K
                                  Actual
                                  2680K
                                  Market Consensus
                                  2.0%
                                  Actual
                                  2.6%
                                  Market Consensus
                                  0.5%
                                  Actual
                                  2.0%
                                  Market Consensus
                                  NA
                                  Actual
                                  49 bcf
                                  Market Consensus
                                  82.6
                                  Actual
                                  Market Indexes
                                  DJIA
                                  16,502
                                  0.2
                                  0.0%
                                  S&P 500
                                  1,879
                                  3.2
                                  0.2%
                                  NASDAQ
                                  4,148
                                  21.4
                                  0.5%
                                  Morningstar U.S. Market
                                  4,754
                                  5.5
                                  0.1%
                                  Morningstar Small Cap
                                  7,383
                                  -6.5
                                  -0.1%
                                  Commodity Futures
                                  Gold
                                  $1,291.20
                                  0.55%
                                  Apr 14
                                  Light Crude
                                  $101.96
                                  0.51%
                                  Jun 14
                                  Natural Gas
                                  $4.69
                                  -0.80%
                                  May 14
                                  Maturity
                                  %Yield
                                  6 Month
                                  0.05
                                  2 Year
                                  0.43
                                  5 Year
                                  1.73
                                  10 Year
                                  2.70
                                  30 Year
                                  3.47
                                  1 Yr Ago
                                  Last Close
                                  Data as of last close