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

Stifel raises its price target to $200 from $170, reiterates Buy Pivotal Research Group raises its price target to $200 from $175, reiterates Outperform Rosenblatt upgrades NFLX to Buy from Neutral; target of $200 There are some that are higher: RBC raises its price target to $210 from $175, reiterates Outperform And some that are lower: FBR raises its price target to $172 from $
Apologies for leaving these last two images out as they tie the whole second-quarter earnings concern together. Tying these four tog…
I've gotten few emails and tweets asking why I'm a little concerned about the current earnings season and how expectations need to catch up with th…
PayPal (PYPL) & Visa (V) have struck a deal for PayPal to offer a debit card in Europe. Ah, Cashless Consumption continues to gain ground. O'Reilly Automotive (ORLY) is upgraded to Buy from Neutral at Northcoast. Interesting given the problems General Motors (GM) is having with inventories. Netflix (NFLX) is upgraded to Buy from Neutral at Rosenblatt with a $200 target. Expect more of this throughout the morning. Infinera (INFN) is initiated with a Buy at Craig Hallum. Restoration Hardware (RH) has its target boosted to $80 from $66 at Deutsche Bank. SAP AG (SAP) has its target raised to $106 at RBC Capital Markets. Intuitive Surgical (ISRG) has its target raised to $950 at RBC Capital Markets. And if that isn't enough, be sure to read Sarge's
As I just mentioned below, it's important to dig into the earnings releases. We saw that last week with JPMorgan Chase's (JPM) results and again this morning with Harley-Davidson (HOG) . In digging into the HOG report we find things are not all that rosy despite the earnings beat for the second quarter. What did we find? Citing industry challenges, the company reduced its full-year shipment and margin guidance, and that has the shares trading off nearly 10% in the premarket.
Bulletproof coffee in hand, a quick scan of the markets shows the futures up ever so slightly as investors grapple with the realization the GOP is giving up on replacing the Affordable Care Act and is turning to repealing it. That news is pressuring the dollar and is another sign of the hamster wheel the Trump administration is caught on when it comes to its agenda. I and my partner in crime, Lenore Hawkins, have been saying for some time that the stalling of the Trump agenda is going to cause some uncertainty, which we believe will result in more conservative guidance for the second half of 2017. This is another notch in the uncertainty belt, and the question to be pondered now is whether Team Trump will move past healthcare reform to focus on tax reform and other items, such as rebuilding domestic infrastructure. 
Here we go folks -- another day, another diary. Today I, Chris Versace, once again am sitting in for Doug. It's going to be an action-packed day, with a smattering of earnings from Bank of America (BAC) , Goldman Sachs (GS) , Johnson & Johnson (JNJ) and more than a few others as well as reaction to earnings from Netflix (NFLX) last night. Mixed in will be all sorts of D.C.-related news following another stall in the efforts to repeal/replace the Affordable Care Act as well as some economic news of the day. 
Yellen's comments contribute to stocks as GDP expectations slip.
Here's what's likely to happen entering earnings season.

Happy Trails Real Money Pro($)

As we get ready to put today in the history books, many thanks to all the readers of today's diary as well as all the editors that helped me look far smarter than I probably am. Be sure to check out Sarge's Market Recon every morning, give a whirl to what he and I are doing over at Stocks Under $10 and look at what Bob Lang and I are doing over at Trifecta Stocks. Finally, a word of thanks to Doug Kass and Jim Cramer for allowing to step out from behind those two walls and sit in and play in this sandbox today. I've enjoyed and I hope it was good for all of you.

Columnist Conversations

Equity futures were up slightly just before 9:30 PM Sunday night.
Spent a good amount of time with PayPal CEO Dan Schulman this week...and came away fully understanding why thi...
Has quietly taken a mini beating over the past few weeks. Might be worth a look on Monday given everything tha...


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