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 […]
The National Association of Realtors® (NAR) presented their latest existing home sales information today. Happily, September saw a gain in existing home sales. In total, sales increased 10 percent, which is still 19.1 percent lower than September 2009 levels. This difference is likely due to the tax credits offered to […]
In the Under-Capitalized model, manager John Mooney attempts to invest in equities within sectors that other investors aren’t interested in and are, therefore, under-capitalized and have lowering price to earnings ratios than they may have when their sectors were popular. Recently, Mooney added Cal Maine Foods Inc (NASDAQ: CALM). CALM […]