The Department of Commerce released their National Income and Product Accounts Gross Domestic Product, 3rd quarter 2010 advance estimate today. According to the report, GDP increased at an annual rate of 2 percent from the second to the third quarter, which was a greater rate than the prior quarter and […]
Economic Cycle Research Institute (ECRI) Co-Founder and Chief Operating Officer Lakshman Achuthan and Co-Founder and Chief Research Officer Anirvan Banerji co-wrote and submitted an op-ed piece on CNN which ran today. In it, they stated that the double-dip recession many have feared is actually, “not going to happen.” According to […]
The Scarecrow Trading model managed by Leonard Fox looks for five signals that indicate market exposure and trades leveraged ETFs. This week, Fox added ProShares UltraShort QQQ ETF (QID) to the model. QID’s goal is to provide results equal to 200 percent of the inverse of the NASDAQ-100 Index, an […]
At GEARS we have developed unique tools to find improving fundamentals companies when their share price is depressed and identify deteriorating fundamentals companies when their share price is extended. To perform that analysis, we have created an accurate set of fundamental performance metrics and a share price volatility calculator.
The Commerce Department released both new residential home sales and durable goods data from September today. According to the reports, new single-family home sales increased in September by 6.6 percent, but were 21.5 percent below September 2009’s sales, likely due to the lack of home buying tax credits available this […]
The Mid-Cap Fundamentals model managed by John Ballard is a long-term model that holds the best companies within under-capitalized sectors. Recently, Ballard added Netflix Inc (NASDAQ: NFLX) to the model. NFLX has a high price to earnings ratio compared to peers, but the company has basically no competition in the […]
Via Bloomberg, Valero Energy Corp., the largest U.S. oil refiner, beat analysts’ estimates and reported its second consecutive quarterly profit after rising prices for gasoline and other fuels outstripped the cost of crude.
At GEARS we have developed unique tools to find improving fundamentals companies when their share price is depressed and identify deteriorating fundamentals companies when their share price is extended. To perform that analysis, we have created an accurate set of fundamental performance metrics and a share price volatility calculator.
billion in 2007 to $19.4 billion in 2008, then finally to $16.8 billion in 2009. During the first three quarters of 2010, the company had reached a reported
It was announced today that the Conference Board Consumer Confidence Index® increased in October, and the increase—though slight—beat the expectations of analysts. To read the full report, visit the website. Combining the consumer confidence results with yesterday’s data about increasing existing home sales, investors should have been buoyed. But the […]
We have selected the companies that have indicated that they will make their earnings announcement in the next few days and created four categories.
Frank Hogelucht, a relatively new model manager to Covestor (Frank’s Trading the Odds model has an inception date of August 13th, 2010), has an interesting approach to model management: he combines statistics and historical market data to create a ‘card-counting’ method of picking equities and funds for his model. We […]