Some of my favorite stocks today are defensive, high-quality mega caps, such as WMT, JNJ, NVS, etc. Investors are worried about current economic problems, and many have shunned equities because they believe they will perform poorly in a slow economy.
Monthly Archives: October 2010
89 posts
Author: Bill DeShurko, 401 Advisor Disclaimer: Bill DeShurko owns VZ, NLY and ALSK in his Covestor Value Plus Model. October 4, 2010: Currently the portfolio has 8 holdings and approximately 10% in cash. Gains have been led by Verizon Wireless (VZ) with over a 10% gain in September including the […]
In the Rebound MF model, manager Rebound Trading uses technical analysis to choose up to seven larger cap, more-than-average-volume ETFs for the model. A stop loss order is placed on each ETF in the model. The top position in the model is Market Vectors Brazil Small Cap ETF (BRF), an […]
A few weeks ago we talked about the Technical Swing model on Covestor–a model that attempts to take advantage of short-term price swings—and the new positions manager Michael Arold added to the model. This week, Arold added two more. The first was BanColombia SA (NYSE: CIB), a bank with clients […]
After impressive gains yesterday, U.S. markets were mixed on Wednesday. The Dow Jones Industrial Average closed up 22.70 points to 10,967.42 while the Nasdaq fell 19.17 points to 2,380.66. The S&P 500 also closed lower, falling .83 points to 1,159.92. While we got some good news yesterday about the manufacturing […]
I underperformed in September. Such is reality. Mr. Market grades each of us in both the short term and the long term. The short term matters because the long term is the aggregate of all short terms. When I look at my short term grades, I need to be objective and critical of myself. Big heads never learn anything.
To the extent, if any, that the broad market is the benchmark for this Long/Short Opportunistic Style, I underperformed in September. This style takes short positions as well as long positions, and most recently has been adding to composite short positions (DCS and DDF at the end of August, CAF in early September), and selling long positions like FGF and SGF.
The government’s NBER committee told us this week that the recession officially ended in June 2009. Their call is only 15 months late. The dreaded double dip appears to be “off the table”.
model with Covestor, Systematic Long Only, combines public data, consensus estimates and other information to find stocks or inverse ETFs to buy. The portfolio
The Focus Value model, managed by Analytic Investment, uses algorithms to help them take advantage of mispricing opportunities due to market inefficiencies. The algorithms assist by continually computing a relative value for stocks based on their fundamental factors, which allows the model managers to quickly spot price-based opportunities brought on […]
In his Fundamental Growth model, manager Gerald Sparrow looks for companies that have grown their sales, earnings and cash flows over time and that have established their ability to survive varying economic cycles. This week, he added three new positions to his model. The first was Polo Ralph Lauren Corp […]
In his Financial Services model, Covestor manager Andrew Schornack invests in positions within the financial services and real estate sectors. We discussed his model in detail last week. This month, Schornack added First Niagara Financial Group Inc (NASDAQ: FNFG) to the model. On September 30th, FNFG had a dividend yield […]