Author: Mark Holder Covestor Model: Opportunistic Arbitrage Disclosure: Long PUDA, RF, TEX, FWLT, ANR, FCX, LLNW, RIGL, SVNT, CEPH, LIWA Commentary for January, 2011 December was another excellent month for the Opportunistic Arbitrage model as the streak of months exceeding 9% gains extended to 4. The model was up 10.92% […]
The 3,000 residents of the western Indian town of Shani Shinganapur follow a Hindu faith that prohibits doors on their homes, as they believe their ruling diety, Lord Shani, protects them and would strike down any thieves. Now UCO Bank has opened the first commercial branch in Shani Shinganapur, and […]
University of Colorado-Boulder student Nic Ramos, in protest for rising tuition costs, paid his entire spring semester tuition of $14,309.51 in dollar bills, dragging a 33-pound duffel bag stuffed with the cash into the bursar’s office Friday. More on the stunt from the NY Times, Gawker, and this WSJ/Fox News report:
*See important disclosures. Model mangers TruePath Financial added ProShares UltraShort MSCI Europe (EPV) to their Archipelago model (performance above) last week. EPV attempts to deliver results equal to two times the inverse of the MSCI Europe Index, which measures the equity market performance of developed markets in Europe including France, […]
Interesting links for today: World Paper Money Gallery – View banknotes from nearly every country in the world The numeric keypads on London ATMs are as bacteria-contaminated as the seats of public restrooms, Cash machines ‘as dirty as toilets’ (Telegraph – Experts took swabs from the numeric key pads on […]
Author: James Hofmann Covestor Model: Dividend Growth Disclosure: Long EXC Commentary for January, 2011 Fitting into my general macro thesis of a continued bull market in commodities and our focus on conservative dividend value, I was trying to figure out a way to play this trade. I started thinking nuclear […]
Last night 60 Minutes presented a rare interview with Vegas legend Billy Walters, who’s made hundreds of millions of dollars as a sports gambler. Walters poured some of that profit into Enron, WorldCom and Tyco stock in the 90s and says he “got swindled” out of it when those stocks […]
Keep a little extra in the piggy bank for that summer vacation. We’re waiving 100% of Covestor management fees for three months on newly Funded Mirroring Accounts. Just sign-up for an account by Memorial Day, and you’ll pay no Covestor fees for the entire summer, through August 31, 2011. That’s […]
How bad does America’s 9.4% unemployment look on a current global scale? Bespoke Investment Group charted it out: They add: the reality is that the US ranks pretty poorly compared to the rest of the world. The Eurozone is at similar levels to the US, but when most of the […]
GOOD took recently released census data and created this map to show the link between education level and income – click through for larger version: The color combinations tell the story, as Cliff Kuang of FastCo Design explains: If a county is, say, orange… that’s a combination of yellow and […]
Piper Jaffray released a research report Friday that mentioned technology company Nanometrics (NASDAQ: NANO) may benefit from Intel’s (NASDAQ: INTC) increased capital spending in 2011. In 2009, INTC represented 10.4 percent of Nano’s revenue, so the impact of its increased capital spending could be substantial. As a result of this […]