Christopher Versace

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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 Forbes.com 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

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Christopher Versace

 | Aug 10, 2015 | 8:49 AM EDT
Reuters is
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Christopher Versace

 | Aug 10, 2015 | 8:36 AM EDT
First, The New York Times reported over the weekend that former CEO Dick Costolo would be stepping off the board by year's end. In Wall Street speak, that will remove the last part of the overhang that has been Costello. Unfortunately, that still doesn't clue us into who will be in charge. Remember how Yahoo (YHOO) got a big pop when Marissa Mayer was announced as grabbing the wheel, even though it took her longer than expected to get things going? (Or still get things going.)  The second piece of news (and maybe the more important one) was a Re/Code report saying that Twitter is negotiating with Shopify (SHOP) and other e-commerce platforms to let retailers directly sell goods via links embedded in tweets. That's interesting, but there are still some "how's" to be answered. Like how will this fit in Twitter's character limits? Or how will this be any different from (or any better than) what Twitter is already doing with other retail platforms? Or how will Twitter differentiate itself from Facebook and others that are already working with Shopify? Here's the thing. On one hand, Twitter might not be a good stock to invest in until some of the points I raised above are clearer -- not sorted out, just clearer. On the other hand, Twitter has been hit with so much bad news over the last few weeks that even "on-the-surface" good news should lead to a pop in the stock's price. To me, that makes Twitter worthy of a trade -- and that's the reason why I added TWTR September $28 calls to my holdings last week. Remember, trading and investing are two different animals with very different time frames -- and you look for very different signposts for each.
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Christopher Versace

 | Aug 10, 2015 | 7:55 AM EDT
It's official, Warren Buffett and Berkshire Hathaway (BRK.A) have indeed agreed to buy Precision Castparts (PCP) for…
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Christopher Versace

 | Aug 10, 2015 | 7:45 AM EDT
Good morning and welcome back to another trading week! I'm Chris Versace, and I'm filling in for the first time ever for Doug Kass, your regular Daily…
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Christopher Versace

 | Aug 7, 2015 | 9:24 AM EDT
Let's remember that both the July labor force participation rate and employment to population did not budge month over month. Those figures - at...
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Christopher Versace

 | Aug 5, 2015 | 2:30 PM EDT

Four companies that should do well, including my 'sleeper' hit of the season.

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Christopher Versace

 | Aug 4, 2015 | 11:00 AM EDT

Weak orders will weigh on earnings.

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Christopher Versace

 | Aug 3, 2015 | 3:00 PM EDT

Waiting in yet another line in Europe can affect your perspective on stocks.

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Christopher Versace

 | Jul 22, 2015 | 12:30 PM EDT

Its 49% plunge after new FTC allegations could offer opportunity for patient investors.

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Christopher Versace

 | Jul 21, 2015 | 11:30 AM EDT

These suppliers stand to gain, or lose, the most from tonight's report.

:  
It does feel like the Saudis are making a deal to cut production as oil is even stronger t...

And QQQ -$0.45

I have shorted today's ramp into tomorrow's #.
See next post.

So far, the current upmove in the Emini S&P 500 has peaked at 1973.50, which is in the...

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