About Louis Basenese, Wall Street Daily
A former Wall Street consultant and analyst, Louis helped direct over $1 billion in institutional capital before founding The White Cap Research Group where he is Chief Investment Strategist. Louis also serves as The Oxford Club’s Senior Analyst. In addition to being an expert on small-cap stocks, Louis is also well versed in contrarian investments and special situations including mergers and acquisitions and spinoffs. His commentary has been featured in several media outlets, including MarketWatch. And he’s also a top-rated speaker at financial conferences throughout the country. A New Jersey native, Louis earned his MBA with honors from the Crummer Graduate School of Business at Rollins College. He draws upon both his academic and professional experiences to edit two short-term trading services: The Pairs Trader Pro and The Contrarian Strategist.
0-for-9.
If any professional baseball player (particularly one in New York) puts up stats like that, he’s immediately booed and ridiculed.
But when it comes to a particular stock market indicator, it’s actually a reason to celebrate.
And... read more »
May 16, 2013 1:26 pm / no comments
Over the course of my career, I’ve gone out on a limb multiple times…
In the summer of 2008, when oil topped $140 barrel – and Wall Street banks predicated a “super spike” to $200 – I told readers to sell it short. Within five months,... read more »
May 13, 2013 1:34 pm / no comments
The way we interact with the real world and the digital world is about to change dramatically.
If you have any doubt, consider the stir that Google (GOOG) Glass is already creating.
And the device hasn’t even hit the market yet.
But Google... read more »
May 3, 2013 1:31 pm / no comments
If repetition breeds retention, it’s time for an annual warning. Especially since it’s the first day of May.
At this time of year, countless media outlets can’t help but regurgitate the investing adage “sell in May and go away.”
Recent... read more »
May 1, 2013 4:30 pm / no comments
Here’s a shocker for you, straight from Beijing…
No, I’m not talking about how China’s manufacturing growth unexpectedly cooled in March.
Fears over a slowdown in the world’s second-largest economy are so yesterday’s news.
Especially... read more »
April 24, 2013 4:12 pm / no comments
A segment of our readership at Wall Street Daily routinely bludgeons me for being overly optimistic. Heck, I think some want to sue me for being a “glass half-full” kind of guy. (The gall!)
Well, today, I’ll leave them no such room for... read more »
April 23, 2013 3:35 pm / no comments
What’s the key to unearthing outstanding tech profits?
In a word… timing.
It’s everything when it comes to investing in disruptive technology stocks.
And the only way to get the timing right is to begin tracking the most promising... read more »
April 18, 2013 5:26 pm / no comments
I know that James Surowiecki achieved “bestsellerdom” in 2004 by telling us that there’s wisdom in crowds. That, collectively, humans make much more informed decisions than individuals.
What a total crock! (At least when it comes to investing.)
As... read more »
April 15, 2013 4:39 pm / no comments
The mobile revolution has spawned a popular pastime: death forecasting.
Indeed, the proliferation of tablets is killing existing industries, like the PC market.
What’s the next industry to wither and die? Pundits say it’s companies that... read more »
April 12, 2013 12:15 pm / no comments
If you’re new to the Wall Street Daily Nation, you’re in for a treat.
Every Friday, I go from being the boring professor, who drones on with longwinded lectures, to the nutty professor, who blows crap up.
Well, not exactly.
But instead of... read more »
April 5, 2013 6:07 pm / no comments