Weekly Member Interview: Michael Arold

Covestor News //

This week’s Wall Street Transcript Interview is with Covestor member Michael Arold, aka sunshine_micha.  Michael works in marketing for a software company and trades part time on the side. You can read his daily market thoughts on his blog, Sunshine Trader. Michael is a short

Scheduled Site Maintenance

Covestor News //

We will be performing scheduled maintenance tonight beginning at 03:01 AM EST / 00:01 AM PST.  The Covestor website will be unavailable for approximately 90 minutes during this time. We apologize for the inconvenience. Should you have any questions, please contact us.

TD Ameritrade Broker Link Update

Covestor News //

As you may be aware if you use TD Ameritrade as your online broker, they have recently instituted some new security measures in the form of four additional questions that users have to select and provide answers for on TD Ameritrade’s site.  If you are

Covestor Raises Series A Funding

Covestor News //

Today we announced the close of our Series A funding led by Union Square Ventures (USV) and Spark Capital. They are joined by one of Europe’s leading technology investors, Amadeus Capital Partners. Between them these firms have over $2 billion under management. This a great

Weekly Member Interview: Fred Penney

Covestor News //

Following on from great press coverage in his native Newfoundland, this weeks Wall Street Transcript Interview is with Covestor member Fred Penney.  Fred works as an engineer in the civil construction industry, and is also the author of stock blog Another Stock Blog. Fred has

Investors Pulling Out of Funds

Outlook //

The Financial Times ran an interesting piece this weekend about Investors worldwide pulling almost $100bn out of equity funds in the first three months of this year – a record shift, and part of a long term trend away from the US market. The article

Bernanke And The Fed

Covestor News //

With the emergency 0.25 point rate cut over the weekend, and the news that JP Morgan have bought Bear Stearns for $2/share (a valuation of c$235m) it is going to be an interesting week in the markets. A number of members have already shared their

Weekly Member Interview: Tom Carlson

Covestor News //

This week’s interview is with Covestor member Tom Carlson, aka tmantrader. As Tom explains on his profile, he retired from corporate life in 2006 and now trades full time – managing both long term and short term accounts. Tom is largely a technical trader, who

The Economist: Special Report on Asset Management

Outlook //

The current edition of The Economist has a special report on asset management.  The first article, by Philip Coggan, The Economist’s Capital Markets Editor, highlights how the fund management industry has and continued to do very well, but for itself.  Here’s a quote from the


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