The market had a rocky day on the last trading day of May as Fitch downgraded Spain’s bonds from an AAA rating to an AA+ rating. Although that is still a good rating and Fitch still considers Spain’s debt to be “stable” the downgrade was …
May, 2010 Archive
New Positions on Covestor
Manager Douglas Estadt is a manager who focuses his short-term holding model on companies with growth stories that are credible but whose price in the market shows that they are still under-valued. This week Douglas bought Baidu Inc (NASDAQ:BIDU). At just over 72, BIDU’s price …
Investors See Steady Gains Thanks to China and BP
Asian and European markets ushered in a second consecutive day of gains on Thursday, laying the foundation for the U.S. markets to follow suit as the Dow Jones Industrial Average closed at 10,259.51, a gain of 285 points. The Nasdaq was up 81 points and …
New Registration: Temporarily Unavailable
Due to site changes we are currently not taking new registrations on the Covestor.com site. There are no changes to existing accounts - you can login and use your account as normal. Please check back on the site in a couple of weeks if you …