Let’s take a look at two positions added by our Covestor model managers this week. One manager looks beyond creative accounting for his model while the other uses a rotational approach to investing in sectors and market indices. We’ve talked about Sean Hannon’s Bottom-Up Analysis portfolio before and mentioned its […]
Yolander Prinzel
U.S. markets were down today thanks to a combination of mixed and negative news about business and the economy. Among the mixed news today was The Federal Reserve Board’s Beige Book snapshot report on the economy (you can read the full report here ). The overall consensus within the report […]
It was a rocky day on the Dow today as stocks began the day itching for another rally, but quickly sunk after depressing consumer confidence news was released. You might remember that back in June we mentioned that the Conference Board’s Consumer Confidence Index® had fallen for the first time […]
The United States Department of Commerce released a statement today discussing the results of new residential sales for single-family homes in June 2010. The statement explains that single-family home sales jumped 23.6% in June 2010. Since expectations were for a 3.7% increase this news was happily received by investors as […]
General Electric Co (NYSE:GE) announced today that they would be raising their dividend by 20%, motivating investors to bump their price by just over 3%. While this means their dividend is still lower than it was in 2009 before they were forced to reduce it, the increase indicates a positive […]
Today let’s look at the new positions added by two different mangers—one who looks at cash flow and liabilities before adding positions and one who looks for under-priced companies that pay dividends. We’ve talked about Covestor manager Donald Jowdy’s Suncoast Equity model here. This week, Jowdy added Visa Inc (NYSE:V) […]
After Federal Reserve Chairman Ben Bernanke took the wind out of investors’ sails on Wednesday with his gloomy predictions of slow economic improvement, Thursday brought in some good news that lifted spirits and the Dow. Among the good news was United Parcel Service Inc.’s (NYSE:UPS) announcement that they had nearly […]
Federal Reserve Chairman Ben Bernanke spoke today before the Committee on Banking, Housing and Urban Affairs. He discussed many economic issues including the slow improvement of the unemployment rate. He mentioned that a “significant amount of time” would be needed to restore all the jobs that have been lost over […]
There has been a lot of movement Covestor Models this week, let’s take a look at some of the new positions our model managers have brought in. We discussed Vivian Lewis’ International Yield model a few weeks ago. This week, Lewis added Barclays PLC (NYSE:BCS) to her model. BCS provides […]
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 […]
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 […]
model this week. This model has an ETF allocation strategy with no more than 20% invested in fixed income. D’Amico uses computer models for analysis to decide