In the first 10 minutes of trading this morning, the Dow Jones Industrial Average lost as many as 146 points after IBM showed lower-than-expected quarterly revenues. But the extension of jobless benefits and a reported increase in building permits issued (an increase of more than 2%) helped investors get back […]
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Although bad economic news seemed to dominate the headlines today, U.S. markets managed to make some gains. The Dow Jones Industrial Average was up 57.74 points today closing at 10,155.64. The Nasdaq was up 19.18 points to close at 2,198.23 and the S&P 500 gained 6.49 points to close at […]
Schenley Park and their Covestor Model Capital Appreciation Plus looks for positions that will appreciate in value while offering activity that is not as volatile as the S&P 500. Let’s look at five of the funds that dominate this model. ProShares UltraShort S&P 500 ETF (SDS) is a bearish fund […]
Visit Global Equity Analytics and Research Services (GEARS) on Covestor The first week of earnings season was underway last week with positive surprises outnumbering negative 8 to 1. Still the market dropped, and broadly. Last week, 86% of stocks were down. It seems that the market focus has shifted from […]
The new Wall Street reform bill passed the senate today and is waiting for the President’s signature to make it law. In the bill is a ban on liar’s loans, the development of a new oversight panel of financial regulators charged with the task of keeping watch for problems within […]
The Federal Reserve released the minutes from their June Federal Open Market Committee (FOMC) meeting today and the results may not be what investors were hoping to hear. The minutes reveal the expectation of the committee for a modest economic recovery to continue all the way through 2011. They also […]
With an eye toward creating a high yield portfolio with international stocks, closed-end funds and preferred shares, Covestor model manager Vivian Lewis has developed the International Yield model. Within this model, one of her top positions is Cenovus Energy Inc (NYSE:CVE). CVE is a Canadian oil and gas drilling and […]
Earnings season got off to a great start today with the earnings announcement from Alcoa (NYSE: AA) and CSX Corp (NYSE: CSX) making headlines. Both companies recorded an earnings surprise pattern in their fundamentals last quarter. The Earnings Surprise model owns Alcoa (NYSE: AA). The positive surprise pattern in the […]
Exceeding analyst’s expectation in your quarterly profits is a great way to get the market up, as Alcoa Inc (NYSE:AA) proved to U.S. investors today. Not only did Alcoa’s increased profits cheer investors, but the indication that the demand for aluminum is increasing (hence the increased profits) was another positive […]
Incentive Features The Latest Apple® Innovation, Citing Similar Goals Of Making Life Easier For Today’s Investor NEW YORK, April 13 /PRNewswire/ — Drawing a direct correlation between the way the Apple iPad is expected to lead the evolution of Internet use and the way its own service is leading the […]
Covestor model manager Robert Gay of Global Equity Analytics and Research Services (GEARS) runs his Bluenose model as a Canadian dollar model. He invests in Canadian companies that are listed on exchanges in the U.S. He then looks at the individual stocks in terms of their longevity and recent improvement […]
The Dow Jones Industrial Average remained mostly stable today alternating gaining and losing small amounts throughout the day. Ultimately, the Dow settled with an 18.24 point gain closing at 10,216.27. Quarterly earnings reports that indicate how the economy may or may not be rebounding are due out soon, and that […]