Christopher Versace is the Portfolio Manager of the Thematic Growth Portfolio at Fabian Wealth Strategies, as well as the editor of both the long-only "PowerTrend Profits" investment newsletter and "PowerTrader" trading service that utilizes strategies combining stocks, ETFs and options. Versace uses a proprietary thematic investing perspective that ties in economics, demographics, psychographics, technology and more to determine investment candidates, while also sidestepping companies vulnerable to thematic change.Expand

Versace is also the host of PowerTalk, a weekly podcast that features conversations with public and private management teams, as well as other thought leaders, for the benefit of both individual and institutional investors. These conversations aim to get behind the scenes with such guests as Steve Forbes, Donald Rumsfeld and the CEOs of Smith & Wesson and Cato, among others.

Versace was previously the portfolio manager of Agile Capital Management, which combined a hedged investment mandate and a thematic investing framework. He also previously served as senior vice president, equity research at Friedman Billings Ramsey, where he covered the mobile phone industry and component technologies. Versace was also an analyst at Donaldson Lufkin Jenrette, as well as Salomon Brothers.

Versace is a contributor to and a frequent guest on "Live from The Washington Times with Andy Parks," in addition to other radio and television programs. He earned bachelor's degrees in economics and mathematics from Fairfield University before earning an MBA in finance from Fordham University.Collapse

Several companies will benefit from the ripple effects of the retailer's bankruptcy filing.
As the market day winds down, many thanks to Doug Kass for allowing me to sit in. I enjoy it quite a bit and hopefully you did, too. Perhaps we can do it again, sooner than later. Special thanks to editors Jerry Kronenberg and Mark Dodosh, who are the real power team behind getting all these comments to you -- thanks, fellas!
Shares of retailer Nordstrom (JWN) are down around 8% following the company's weaker-than-expected December quarter results. It posted earnings per share of $1.17 on $4.19 billion in revenue; the consensus estimates from Thomson Reuters called for EPS of $1.22 on $4.22 billion in revenue. Guidance also looks to be a bit weaker than the market was expecting.
Looking ahead to tomorrow, there are two big companies to watch from an earnings perspective.
As we approach the closing bell, I'm getting ready for the earnings reports that will hit after the close. They include American Railcar (ARII) and Trinity Industries (TRN), which I touched on earlier today; Applied Materials (AMAT), which will shed some light on semiconductor capital equipment trends -- the book-to-bill figure will be one to scrutinize, especially if there are any cancellations or order push-outs; data center company Equinix (EQIX) -- in northern Virginia, data centers are popping up faster than new Starbucks (SBUX) locations, which has me somewhat concerned about excess capacity and pricing in the short term even though medium- to longer-term demand jives with my Connected Society outlook; and Nordstrom (JWN), a retailing favorite that hopefully will get past the seasonal pain of the December quarter after this afternoon's earnings.

Another Programming Note Real Money Pro($)

I'm jumping onto another conference call shortly, but will be back soon.
Apple (AAPL) continues to target the subscription model. It did so first with Apple Music, and it increasingly looks like the tech giant wants to replace carriers such as AT&T (T) and Verizon (VZ) that no longer want to subsidize your smartphone purchases.
In a party-line vote, the Federal Communications Commission has approved new regulations that will allow for open competition in pay TV set-top boxes.

Programming Note Real Money Pro($)

I'm jumping on the phone with my partner Bob Lang to talk about our upcoming Trifecta Stocks webinar next week.

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Market staging nice rally to end the week.  Oil down and seems ~$45 a barrel has become the new resistanc...


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