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Quarterly letter High Valuations and the Case for MLPs
Three market indicators suggest that the stock market is approaching peak valuation levels. The Cyclically Adjusted Price Earnings (CAPE) ratio, championed by Nobel Prize Winner,
2013–the Year of the Punch Bowl
Last year, the S&P 500 rose 29.6%, the equity index’s highest return since 1997. The Federal Reserve’s Quantitative Easing “QE” program of $85 billion a
Hidden Earnings and Value Case for JC Penney (JCP)
J.C. Penney (JCP) 8/19/13 Close $13.22–Update 8/20/13 JCP reported an adjusted loss of $1.18 for FQ2, missed analyst estimate by 12 cents but exceeded the
Two Timely MLPs: Calumet Specialty Products Partners, LP, and Tesoro Logistics, LP
Published in Seeking Alpha August 15, 2013 Calumet (CLMT $29.68) recently declined 20% from its recent high of $36.6 due to weak earnings and now
IGA Introduces Quantitative Strategies and Q2 2013 Review
The second quarter experienced a sharp rise in interest rates marking the beginning of the end of the easy money policy known as Quantitative Easing
Economic Perspective (Q4 2012)
The stock market is in a delicate precarious position between attractive relative valuation and an earnings recession. On the one hand, interest rates are so
Tyson Halsey quoted in The Wall Street Journal’s “Intelligent Investor” column
IGA’s Tyson Halsey was recently quoted in Jason Zwieg’s Intelligent Investor column in the Wall Street Journal. Zwieg sought out Halsey as an expert on alternative
Quant Dividend Growth Picks and Pans
Income Growth Advisors, LLC’s quantitative dividend growth strategy completed its quarterly rebalancing two weeks ago. Our 14 stock model has had an 11-year simulated record
Seeking Alpha publishes Income Growth Advisors
Income Growth Advisors, LLC sold Calumet Specialty Products, LP and bought Targa Resource Corp. for client portfolios. Calumet Specialty Products LP (Symbol:CLMT) is a company
Terra Nitrogen recommendation Published on Seeking Alpha
September 22, 2011–Income Growth Advisors, LLC recommends Terra Nitrogen LP (Symbol TNH) for its clients after irrational 30 point drop or possible short seller manipulation.
Update to Income Growth Model Portfolios
On August 11, 2011, Income Growth Advisors, LLC (we) made its first model portfolio change. We dropped Cellcom Israel, LTD (Symbol CEL) and Veolia Environmental American Depository Receipts (Symbol
6% Yield Portfolios launched by Income Growth Advisors, LLC
On Friday, July 29th, 2011 Income Growth Advisors launched two model portfolios for potential investors to track. The 20 Master Limited Partnership (MLP) Model Portfolio