AUTHORS

Chris Versace
With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to Action Alerts PLUS each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for the Action Alerts PLUS portfolio.
Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.”
With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).
Recent Articles By The Author
Lots of Layoffs, Ad Sales and Hulu
In implementing the previously announced layoff of 10,000 workers, Microsoft cut jobs in units including Surface devices, HoloLens mixed reality hardware and Xbox. Other reports indicate it killed a team it formed four months ago to help customers u...
Data From Asia and Russian Oil
Let's check in on that non-US inflation data I mentioned as well as what's driving oil prices higher this morning. Producer prices in Japan jumped 9.5% year-on-year in January 2023, slowing from a revised 10.5% rise in December and below expectatio...
Now at the Plate, Your Pinch Hitter, Chris Versace
Good morning, folks! I'm Chris Versace, filling in for Doug Kass on the Daily Diary. We've got volatility up, oil prices moving higher along with the 10-year Treasury inching up and equity futures pointing to the market opening in the red. We've als...
Until Next Time
That's it for me today! Thanks for letting me once again play in the Diary sandbox, and I hope I gave you all some things to contemplate as you go about your trading for the balance of 2022. Merry Christmas, Happy Holidays and have a profitable bala...
Lots to Digest by Closing Time
After today's close we've got earnings from Adobe and what it says about cloud as well as currency headwinds will be of more than passing interest coming off of Salesforce's earnings. While the dollar has retreated more than a bit since early Nove...
Book a Reservation With These Good Reads
If you're like me you've got some thinking to do about gifts for some folks as the holiday season approaches. With that in mind, Bob Lang and I over at Action Alerts Plus wanted to lend a helping hand and suggest some books we've read this year. Bob...
An Overstocked Christmas
And now following up on my comment earlier about retailer inventory levels, Bloomberg is running the following: "US retailers have so much extra stuff in their stores and warehouses this holiday season that they are telling some of their suppliers t...
Trying to Make Sense of Lennar
Following up on my earlier Lennar comments, it seems the company guided for current quarter EPS to $1.40-$1.70 vs. the $2.50 consensus, yet the shares are trading higher? Cancellations still at 26% in November. Ugh I have to say I am generally not a...
Lunchtime Reading
As I refuel for the last few hours of the trading day, here are some of the articles that I'll be perusing: The biggest data breaches and leaks of 2022Cyberattack occurs every 39 seconds in the world Consumers love personalization yet wary of data p...
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