Just ran my deep value screen, and it appears that only three picks are available. As of this month, seem to be limited to BRLI, FRAN, and ZUMZ. As usual, I'm focused on clean debt sheets, cash flow, and a decent GARP.
I have been holding the theory that Obama will win on November 6. Nothing has changed that position. [more]
There are debates, and then there are facts. [more]
With the new unemployment data, and the improved S&P 500, Obama now has a 77% to 86% chance of winning this November. There is not much Romney can do. Even the recent CNN poll has Obama in the lead by 7.
It is now just a matter of how much.
Since my May post, the misery index has remained at 9.6%, and the annualized growth of the S&P 500 since November 1, 2008 has dropped to 9.53% (far better than the annualized decline of -6.8% during Bush's second term). With these factors taken into consideration, Obama has a 76%-85% probability of being re-elected. [more]