Frank Hogelucht, a relatively new model manager to Covestor (Frank’s Trading the Odds model has an inception date of August 13th, 2010), has an interesting approach to model management: he combines statistics and historical market data to create a ‘card-counting’ method of picking equities and funds for his model. We […]
Monthly Archives: October 2010
89 posts
The National Association of Realtors® (NAR) presented their latest existing home sales information today. Happily, September saw a gain in existing home sales. In total, sales increased 10 percent, which is still 19.1 percent lower than September 2009 levels. This difference is likely due to the tax credits offered to […]
In the Under-Capitalized model, manager John Mooney attempts to invest in equities within sectors that other investors aren’t interested in and are, therefore, under-capitalized and have lowering price to earnings ratios than they may have when their sectors were popular. Recently, Mooney added Cal Maine Foods Inc (NASDAQ: CALM). CALM […]
model manager Gator Capital Management was founded by Derek Pilecki in 2008. Derek is a Chartered Financial Analyst and a former portfolio manager for Goldman
Despite primarily positive quarterly financial results from reporting companies this week, concerns over China’s interest rate and currency value kept trading restrained. The Dow Jones Industrial Average closed on Friday down 14.38 points to 11,132.19 which is still a gain over its Friday, October 15th closing of 11,062.78. The Nasdaq […]
The rally in Closed-End Municipal Bond Funds has taken a breather, if not corrected as money has poured into the most traditional risk assets since late August. Even the price of my current favorite Closed-End Municipal Bond Fund, Western Asset Municipal Partners, Inc (MNP) has fallen from $15+ at the end of August to a price below $14.50.
Atlas Capital manages the Broad ETF model on Covestor with the goal of representing about 80 percent of the investable universe of equities within the model. The top holding in the model is Vanguard Total Stock Market ETF (VTI), a fund that attempts to replicate the MSCI US Broad Market […]
In the Global Clean Energy—Clean Tech model by Craigmillar, the investment strategy is to earn positive net annual returns over the long-term by putting a focus on companies that have an involvement in developing alternative energy because these companies will benefit from global energy decarbonization over the long haul. Recently, […]
This week’s initial jobless claims report from the Department of Labor (see the full report here) showed a total of 23,000 fewer claims for the week ending October 16th. This drop helped reduce the 4-week moving average by 4,250 claims. The Conference Board’s Leading Economic Index had a .3 percent […]
Micheal Arold’s Technical Swing model uses technical indicators to view market movement and looks to create profits on short-term price swings. He recently added Potash Corporation of Saskatchewan Inc (NYSE: POT) to the model. POT has had some pretty wild price swings lately. On October 13th, it closed at $148.47. […]
Today was a big day for economic data. First, the Mortgage Bankers Association released its Weekly Application Survey for last week. According to the survey, mortgage loan applications reduced by 10.5 percent from the previous week, indicating a possible further slowdown in the housing market. Then, the Federal Reserve Board […]
Index Fund (THD), a fund that attempts to mirror the performance of the MSCI Thailand Investable Market. In order to do so, 90 percent of the fund’s underlying