Opportunistic is a model managed by Jafet Mendoza that may contain any U.S. major exchange-traded equity. It is diverse, holding the stocks of companies in many different industries, and is also aggressive, opportunistic and flexible. Last week, Mendoza added several new positions to the model, …
October, 2010 Archive
GDP Increases but Does Little to Spur U.S. Markets (CSTR, SNE, MWW)
The Department of Commerce released their National Income and Product Accounts Gross Domestic Product, 3rd quarter 2010 advance estimate today. According to the report, GDP increased at an annual rate of 2 percent from the second to the third quarter, which was a greater rate …
Wave Goodbye to Talk of a Double-Dip (VZ, HAL, MSFT)
Economic Cycle Research Institute (ECRI) Co-Founder and Chief Operating Officer Lakshman Achuthan and Co-Founder and Chief Research Officer Anirvan Banerji co-wrote and submitted an op-ed piece on CNN which ran today. In it, they stated that the double-dip recession many have feared is actually, "not …
New Positions on Covestor (QID, HRS)
The Scarecrow Trading model managed by Leonard Fox looks for five signals that indicate market exposure and trades leveraged ETFs. This week, Fox added ProShares UltraShort QQQ ETF (QID) to the model. QID’s goal is to provide results equal to 200 percent of the inverse …
GEARS Earnings Surprise 10/28/2010
At GEARS we have developed unique tools to find improving fundamentals companies when their share price is depressed and identify deteriorating fundamentals companies when their share price is extended. To perform that analysis, we have created an accurate set of fundamental performance metrics and a share price volatility calculator.
Non-Transportation Durable Goods Orders Fall as Home Sales Rise (S, BRCM, LIFE)
The Commerce Department released both new residential home sales and durable goods data from September today. According to the reports, new single-family home sales increased in September by 6.6 percent, but were 21.5 percent below September 2009’s sales, likely due to the lack of home …
New Positions on Covestor (NFLX, AMZN, INTC, AAPL)
The Mid-Cap Fundamentals model managed by John Ballard is a long-term model that holds the best companies within under-capitalized sectors. Recently, Ballard added Netflix Inc (NASDAQ: NFLX) to the model. NFLX has a high price to earnings ratio compared to peers, but the company has …
Adib Motiwala on Valero (VLO)
Via Bloomberg, Valero Energy Corp., the largest U.S. oil refiner, beat analysts’ estimates and reported its second consecutive quarterly profit after rising prices for gasoline and other fuels outstripped the cost of crude.
GEARS Earnings Surprise 10/27/2010
At GEARS we have developed unique tools to find improving fundamentals companies when their share price is depressed and identify deteriorating fundamentals companies when their share price is extended. To perform that analysis, we have created an accurate set of fundamental performance metrics and a share price volatility calculator.
Returns Created by Capital Appreciation and Dividends (MO, PM, PFE, RIMM)
billion in 2007 to $19.4 billion in 2008, then finally to $16.8 billion in 2009. During the first three quarters of 2010, the company had reached a reported