U.S. markets were mixed today after a slew of mixed economic news and indicators this week curbed investor optimism and reignited fears of a double dip recession. Concerns over a double dip recession weren’t just contained to U.S. investors; Bloomberg.com reported this week that former Office for Budget Responsibility Chairman […]
Monthly Archives: August 2010
73 posts
Braver Wealth’s model, Diversified, uses ETFs in its allocation strategy. The fund’s objectives include preserving capital. This week, Braver Wealth added iShares Russell 2000 Value Index Fund (IWN) to the model. IWN was designed to mimic the performance of the Russell 2000 Value index and does so by investing 90 […]
Creating a model that outperforms the S&P 500 requires vision, discipline and the ability to recognize positions that will and won’t support the goal. This week we spoke with William DeShurko of 401 Advisor about his Value Plus model which has been outperforming the S&P since May. Covestor Live: In […]
This week we introduced you to Kevin Stewart’s Top Internationals model. He may be a new manager to Covestor but that doesn’t mean he hasn’t been busy. Stewart added Wynn Resorts Ltd (NASDAQ: WYNN) to his model this week. WYNN has resorts in both Las Vegas and China. On their […]
The Department of Labor’s report on last week’s unemployment numbers sucked the life out of investors today. The report (which you can find here) shows that there was an increase of 12,000 new unemployment claims filings, bringing the total filings for the week to 500,000. This is the highest number […]
Last month we talked about Jonathan Tunney’s MergerArb model here. This week, he made another change to the model by adding Playboy Enterprises Inc (NYSE: PLA), right on the heels of a buyout offer from Friend Finder Networks, Inc. the parent company of Penthouse magazine. PLA founder Hugh Hefner has […]
In their Stealthy and Nimble model, Ninja Trades uses a proprietary model to screen stocks that have strong fundamentals and technicals. Ninja Trades takes an opportunistic approach and evaluates potential additions by price to earnings and book ratio as well as enterprise value to EBITDA (earnings before interest, taxes, depreciation, […]
NYSE: DE) announced an increased in sales for quarter three as well as an earnings per share number that beat analysts’ expectations. Unfortunately, their
This week we’d like to introduce three new managers with models on Covestor. Let’s start with Kevin Stewart who is a CFA as well as a Harvard Business School and Wharton School graduate with 25 years of experience in the investment industry. His Covestor model, Top Internationals, is an opportunistic […]
Wal-Mart Stores Inc (NYSE: WMT) announced its second quarter results today and they were mixed. While revenue was less than expected and same-store sales fell 1.8 percent, earnings per share and quarterly profit beat analyst’s expectations. Home Depot Inc’s (NYSE: HD) also released their quarterly results today and they held […]
In his Mid-Cap Fundamentals model, John Ballard focuses on small and mid-sized companies with high return on capital and strong balance sheets. This week, Ballard added Dynamic Materials Corp (NASDAQ: BOOM) to his model. BOOM provides explosion-welded clad metal plates and other metal fabrications to industrial projects. BOOM’s balance sheet […]
In his Price Volatility Volume model, Covestor manager William Smith uses a proprietary system to look for equities across all sectors that are overbought and oversold. He looks for volatility, volume and price and attempts to time the market to buy just before each stock hits and “all-time high.” The […]