While we have a slew of economic data coming this week, today gave us nothing but corporate acquisitions. Some of the major players in the merger and acquisition activity today included Cisco Systems Inc (NASDAQ: CSCO) who completed its acquisition of LineSider Technologies Inc., Dell Inc (NASDAQ: DELL) who announced […]
There weren’t many new economic revelations today. The Weekly Mortgage Applications Survey from Mortgage Bankers Association was released and it did not bring good news for the housing sector, although that wasn’t completely unexpected. According to the report (which you can find here), mortgage loan applications decreased by .9 percent […]
In his Precedent-Based model, manager John Ward couples fundamental analysis with market timing strategies that he’s developed through a daily review of technical data. His main objective for the model is to minimize risk and to ignore the “noise” of Wall Street. Last week he added Grupo Financiero Galicia SA […]
The key moment in this chart is in 2008, when the red ‘All Other’ goes negative. That means that there was no money available in the private sector to fuel business activity. From Global Macro Monitor: If, as the President says, ‘the flow of credit is the lifeblood of our […]
In their Growth Plus Income model, managers BSG&L look for a target yield of 5 percent with bond ETFs and dividend-paying stocks. Their holdings can stretch across multiple sectors and investments. They target overweight sectors and look to income positions to reduce risk. Income producing positions are held in the […]
I recently contemplated Fiduciary / Claymore MLP Opportunity Fund (FMO), which I neither own, nor am I short. Still, there appears to be a lack of awareness about FMO structural inefficiency and recent governance history. I have no interest in being long this Closed-End Fund, even as its relative valuation has become less unattractive.
On Tuesday evening November 23rd 2010, Kayne Anderson Midstream/Energy Fund (KMF) announced the pricing of its Initial Public Offering (“IPO”). Closed End Fund IPOs are always priced at a premium to their Net Asset Value (“NAV”) so regardless how good or bad the investment is for its new shareholders, such an announcement always marks a particular marketing feat.
Volkswagen’s Fun Theory Award is dedicated to the idea that “fun is the easiest way to change people’s behaviour for the better.” This year’s winner, Kevin Richardson, came up with a brilliant approach to lowering driving speeds that was actually turned into reality on a Stockholm throroughfare. Richardson’s idea was to […]
model for Covestor, Undervalued Growth Companies, identifies those companies with a unique product and the financial resources to withstand economic stress but
The International Equities model managed by Robert Giannini takes a quantitative and systematic approach to investing in international equities. The model hedges against downside risk from long exposure by using broad market ETFs. International Equities is rebalanced monthly and generally holds from three to ten international ETFs. When a position […]
The China & India model, managed by Joseph Agresti, is focused on Chinese and Indian securities that are traded on U.S. exchanges. Agresti uses fundamental analysis and a momentum-based approach to choose positions for the model. The model generally has between three and ten positions and uses commodities to hedge […]
The Analytic Investment model seeks to take advantage of equity mispricing opportunities caused by market inefficiencies. Last month, Amtech Systems Inc (NASDAQ: ASYS) was added to the model. ASYS’ stock price had been climbing pretty steadily over the past six months. According to Yahoo! Finance, on June 29th ASYS had […]