Category Archives: Press

How a Second Wave of Coronavirus Lockdowns Will Impact Bitcoin

By Will Heasman Daniel Lugasi, portfolio manager at VL Capital Management, predicts a “rapid decline” from Bitcoin should a second wave unfold, forcing countries back into lockdown. “If lockdowns were not implemented in the wake of a second wave of coronavirus, then we would not expect much of a decline in Bitcoin prices from current […]

Inverse ETFs: What They Are and How to Invest In Them

By Barbara Friedberg The daily compounding of levered inverse ETFs will quickly destroy capital when these funds move against you. Their volatility is a reminder that inverse ETFs are to be used strictly as short-term trading vehicles, says Daniel Lugasi, portfolio manager at VL Capital Management in Orlando, Florida. — Read the Full Article

Why Tech Stocks Are Rising

By Christopher Hamman Growth stocks, particularly technology stocks, have outperformed the broader stock market since the lows in March. The general consensus is that large-cap technology stocks are most insulated from the coronavirus pandemic because most do not have direct exposure compared to retailers, for example. This shift has propelled technology stocks to all-time highs […]

Slack Seriously Considering Direct Market Listing

By Joshua Franklin, Aparajita Saxena “Slack’s direct listing is an inherently less expensive way of going public, but what it really comes down to is speed,” said Daniel Lugasi, a portfolio manager at Florida-based VL Capital Management. Venture capital firms that have invested in Slack are “looking for an exit and with the rapid growth […]

Pros and Cons to Buying Toyota Stock

By Brian O’Connell “Toyota’s in-line earnings announcement on Nov. 6 shows that the company is still very well-positioned in terms of scale and being one of the low-cost producers in the auto industry,” says Daniel Lugasi, a portfolio manager at VL Capital Management in Winter Park, Florida. “The company continues to return cash to shareholders […]

Is Netflix Overvalued? Here’s What Some Experts Think

By Karl Kaufman Is the stock overvalued? Is there room for growth? Daniel Lugasi: While many investors will focus on the sky-high P/E ratio of Netflix to determine whether the stock is overvalued, the better measure is to look at the company’s EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) multiple vs its peers. Netflix […]

Why Index Funds May Not Be Your Best Bet Now

By Kayleigh Kulp The assets you buy and metrics you use, such as dispersion, also play into the equation, says Daniel Lugasi, portfolio manager at VL Capital Management in Orlando, Florida. Dispersion refers to the difference between the best and worst performers in an index. When dispersion is high, active managers that pick stocks tend […]

Why It’s Time to Consider Internet Banks

By Emmet Pierce Daniel Lugasi, portfolio manager at VL Capital Management LLC, said internet banks are gaining popularity among people who want to maximize the return on their savings. “The rapid rise of internet banking in recent years has created a real threat for the traditional model of physical branches,” he said. “As more banking […]

How Investors Can Cope With Market Swings

By Jeff Brown “If one were to invest in a long-short fund, there are many considerations to take into account,” says Daniel Lugasi, portfolio manager at VL Capital Management. “First, and foremost, it is crucial to examine the firm’s performance track record. A five-year track record for a strategy is the bare minimum that should […]

Big-box retailers not down for count yet: Analysts

by Kayleigh Kulp Because of such low prices of some retail stocks, investors should be weary of “value traps,” said Daniel Lugasi, portfolio manager at VL Capital Management. “We believe the most insulated retail companies are those that offer a differentiated service than a company such as Amazon, can provide,” he noted, pointing to TJ […]

Time for Your Half-Year Progress Report

By Jeff Brown “With the S&P 500 index trading at a current (price-to-earnings ratio) of around 26 times current earnings, and a historical average being 16 times current earnings, U.S. stocks are trading at elevated valuation levels,” says Daniel Lugasi, portfolio manager at VL Capital Management in Orlando, Florida. “Despite this, we have still been […]

Smart Beta ETFs Surpass $500 Billion in Assets, And Financial Advisors Better Understand Why

By Brian O’Connell For financial advisors, smart beta ETFs like RSP make a lot of sense for investors, provided fees are kept in check and the smart beta component used intelligently, says Daniel Lugasi, portfolio manager with VL Capital Management. Lugasi says the burgeoning success of smart beta ETFs “shows the power of systematically exploiting […]

Your Clients Love ETFs and You Should, Too

By Brian O’Connell “The trend toward ETF investing will increase returns for active managers as the spread between the intrinsic value and market value of securities widens. Thus, there will be less active managers seeking abnormal returns, thus more opportunities for those that are consistent stock pickers,” explained Daniel Lugasi, a portfolio manager at VL […]

High Defaults Hammer Online Loan Investors

By Charles Bovaird Unfortunately, online lenders may have a hard time bringing down the default rates that are causing these performance problems, market analyst Daniel Lugasi told Investopedia during an interview. “The only way for online lending platforms to lower default rates is to make credit standards more stringent for applicants,” said Lugasi, portfolio manager […]

Should You Invest in Jose Cuervo?

By Brendan Hilliard Daniel Lugasi, president and founder of VL Capital Management, echoes this saying that trends in recent years have shifted in consumption to high-end tequila varieties while lower quality, mixed tequila shipments have remained flat. Lugasi, whose firm specializes in quantitative equity investing primarily driven by in-house computer systems, says that data from […]