A canceled BP Plc (NYSE: BP) dividend, bad news on jobs and manufacturing reports and possibility that BP might be attempting to secure a line of credit weren’t enough to keep the Dow Jones Industrial Average down on Thursday. It closed at 10,434.17 up 24.56 points from Wednesday. BP itself […]
As part of the site upgrade we have updated three important performance measures, to make it easier to understand what the managers are doing, and how Investments are performing for their subscribers. They should help you to better interpret what is happening in your account: Average Subscriber Performance (Avg. Sub): […]
According to a report released by Fitch Research today, as many as 75% of the homeowners who modified their home loans through the Home Affordable Modification Program (HAMP) and other loan modification programs will be in default again within the next 12 months. While this may have been anticipated by […]
Model manager Patrick Clark focuses on the current purchasing power of the dollar in his portfolio because he thinks that we are facing a period of inflation. He attempts to take all emotional decision making out of the equation when choosing stocks and attempts to be market-neutral. If you’ve ever […]
U.S. investors seemed to feel more and more confident that the European debt crisis has more bark than bite on Tuesday. This attitude was evidenced by the significant rally of the Dow Jones Industrial Average as it rose up 213.5 points to close at 10,404.39. European and Asian markets also […]
We are excited to announce a number of changes to Covestor, that make it easier for you to find and follow successful investors. We have merged the Track Record functionality of the old Covestor.com with the automatic mirroring capability of cv.im to create the world’s largest online platform for Investment […]
Harsh Nahar uses a fundamental approach to analyzing positions for his portfolio. He focuses on financials of the companies and their adherence to Generally Accepted Accounting Principles (GAAP) before determining whether or not he will buy. Nahar also likes to watch for irrational price drops as they can be the most […]
Moody’s reclassification of Greek bonds to junk bond status through a Ba1 rating seemed to dampen investor’s spirits on Monday as the Dow Jones Industrial Average sunk in the last few minutes before closing. The Dow dropped 20.18 points to close at 10,190.89 after spending most of the day with […]
With a chop that would make a sailor sea sick the Dow Jones Industrial Average suffered from the varied whims of investors all day Friday. This reaction is not surprising when you consider the statement issued by Commerce Secretary Gary Locke today regarding May retail sales. In the statement, Locke […]
This week manager Leif Eriksen added Western Digital Corp (NYSE:WDC) to his portfolio. In order to understand this decision fully, it’s important to consider Eriksen’s overall approach to choosing investments for his portfolio. Eriksen practices a fundamental approach in his portfolio. That means he looks at the financial health of a company […]
As the Euro seems to stabilize and European and Asian markets react favorably and economic reports from both Japan and China show growth in the two countries, the Dow Jones Industrial Average took a swing for the better today. Closing at 10,172.60, an increase of 273.35 points, the Dow enjoyed […]
Federal Reserve Chairman Ben Bernanke simultaneously helped and hurt the market today as he discussed the Euro Zone financial crisis as well as economic strain and recovery in the United States. His comments helped the market this morning as he mentioning that Europe’s financial crisis would likely have little effect […]