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 […]
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The Dow Jones Industrial Average fell as many as 68 points just moments after the market opened this morning. The Dow recovered most of those losses after The Federal Reserve released its July 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices which indicated that banks had finally loosened […]
Trading was lackluster today after the Census Bureau released its July Advance Monthly Sales for Retail Trade and Food Services (MARTS) report today. The report (which can be found here) showed a .4 percent increase in July retail and food service sales and a 5.5 percent increase over July 2009. […]
It looked like it was going to be another severe hemorrhaging session for the Dow Jones Industrial Average this morning when the market opened and the Dow immediately fell over 100 points. This drop may have been influenced by the Cisco Systems Inc (NASDAQ: CSCO) CEO who commented that the […]
Covestor model manager Cheng Yuan’s diverse Value with Catalyst model is filled with positions that are deeply discounted and that Yuan feels have a possible catalyst in place that will further unlock their value to shareholders. Yuan does not restrict the model to any particular sector. Reviewing the fund’s top […]
Tuesday’s statement by the FOMC that economic growth in the U.S. was slowing and their plan to buy long-term treasuries as a means to help the economy did little to settle investor’s nerves on Wednesday. Even further unsettling news was released in the Bureau of Economic Analysis report which showed […]
Investors were nervous today as was evidenced by the Dow Jones Industrial Average’s drop of as many as 141.46 points before 10 AM. Anticipation of The Federal Reserve’s Federal Open Market Committee (FOMC) meeting notes and concern over the action the Fed would to take to help boost the economy […]
Covestor model manager Czar Reyes developed Only the Best with the goal of creating a model filled with excellent businesses purchased at fair prices. He uses a value approach and his goal for the model is to own shares of between 11 and 20 businesses. Let’s take a look at two of […]
It was a mixed bag of economic news today as McDonald’s Corp (NYSE: MCD) announced a 7 percent increase in global sales in company restaurants that had been open for at least 13 months. Analysts expected growth of 5 percent, so this cheered investors and McDonald’s stock rose 1.78 percent. […]
The U.S. Department of Labor released a statement today that the unemployment rate in July remained at 9.5%. This means that though the private sector reported an increase in jobs, it was not enough to combat the 131,000 jobs lost in July and create a reduction in the unemployment rate. […]
Yesterday, ADP’s National Employment report gave investors good news when it announced that the private sector had added 42,000 jobs between June and July. Today’s unemployment claims press release issued by the Department of Labor negated the good news by offering an adjusted figure for initial unemployment claims during the […]
The ADP National Employment report was released today and it showed an increase of 42,000 jobs in the private sector from June to July. Additionally, the number of jobs added from May to June was adjusted from 13,000 (as previously reported) to 19,000. The report also mentions that while this […]