Covestor model manager Robert Gay of Global Equity Analytics and Research Services LLC (GEARS) focuses his Speedboat model on the purchase of companies that are unusually depressed. He uses a proprietary program to interpret documents and identify companies that fit in his portfolio. This week Gay bought NVIDIA Corp (NASDAQ:NVDA), […]
Monthly Archives: June 2010
44 posts
Faced with Moody’s potential downgrade of Spain’s credit rating and disappointing data within The ADP National Employment Report® investors sold more than they bought Wednesday resulting in yet another down day for U.S. markets. The Dow Jones Industrial Average ended the day down 96.81 points to close at 9,773.49. The […]
With the start of summer, and our new website, we are feeling warm and fuzzy at Covestor so we are waiving our own management fees for all new Mirroring Accounts funded by the end of July! What this means is that you can open an account today, mirror the investments […]
Portfolio manager Michael Arold’s Techincal Swing portfolio is filled with equities from many different sectors. In order to choose positions for his portfolio, Arold watches the market and individual sectors and uses many technical indicators. Once he has identified some positions that interest him he looks at the company’s fundamentals […]
For three consecutive months, the Conference Board’s Consumer Confidence Index® has been rising—but not anymore. The report released today showed that there has been a deep decline in the month of June. The results are based on surveys of 5,000 U.S. households. For the most part, the consumers surveyed were […]
Today we are going to take a look at the top holdings of portfolio manager Robert Foo. Foo uses market momentum to determine his investment strategy. During a bull market Foo invests in large-cap equities as well as exchange traded funds (ETFs) that are underleveraged. Being underleveraged can have an […]
There is a lot going on in Washington DC right now. A new potential Supreme Court justice is going through a confirmation hearing, a major Wall Street reform bill is still being adjusted, and one portion of the Sarbanes-Oxley law (which discusses strict internal audit and reporting procedures for companies) […]
The new Wall Street reform bill is not quite ready for prime time yet but as it works its way through Congress the bill is receiving revisions that seemed to be improving the moods of investors on Friday. The bill includes changes to investment vehicle rating procedures, bank investment policies, […]
Capital Ideas investment strategy involves using ETF’s as core holdings. One of our most basic strategies involves allocating capital between small medium and large capitalization market indexes. The advent of the Global X Brazil mid cap fund (NYSE:BRAZ) has allowed us to finish out this market cap indexing strategy, which […]
The reality of the Federal Reserve’s FMOC Statement on Wednesday seemed to finally sink in today as investors abandoned ship and left the Dow Jones Industrial Average to plummet 145.71 points and close at 10,152.73. The statement discussed the fact that economic recovery was expected to continue at a moderate […]
This week, portfolio manager Alejandro Paschalides bought shares of Diamond Offshore Drilling Inc (NYSE:DO). Paschalides has a portfolio that focuses on the energy sector and he evaluates positions using a top-down approach—which means he considers the overall activity within the market and sector before examining the individual characteristics of one […]
When you are looking for signs of economic improvement, interest rates are the first piece of economic data you should review. When the Federal Reserve keeps interest rates low, it generally means the economy isn’t doing so well and they want to stimulate spending. When they raise rates—even incrementally—then we […]