In his Speedboat model, Covestor manager Robert Gay uses proprietary technology to create a data record for companies before he invests. He looks for companies that are accelerating rapidly and are expected to produce high returns. This week, he added two positions to the model. The first was D.R. Horton […]
In Kevin Stewart’s Top Internationals model, Stewart looks for top performing, international companies with strong balance sheets, sales growth and earnings with low debt-to-equity ratios. This week, he added Hansen Natural Corp (NASDAQ: HANS) to the model. HANS is a natural beverage company that focuses on producing natural juices, sodas […]
According to the United States Department of Labor, after several weeks of falling claims, initial jobless claims increased last week by 12,000, which increases the 4-week moving average by 2,500 claims. To read the full report, visit the website. The National Association of Realtors reported today that sales of existing […]
The following trades were made in Covestor Model Manager accounts on September 22nd: Covestor Model Manager Craig Steury traded ICON in their Model Algorithmic Trading Covestor Model Manager Rebound Trading traded LQD in their Model Rebound ETF Covestor Model Manager Timothy Sykes traded REDF in their Model Contra Hype Covestor […]
In his Financial Services model, Andy Schornack invests in positions within the financial services and real estate sectors. Before buying a position, he conducts a detailed financial analysis as part of his bottom-up approach. The model takes long positions only and limits investments to U.S. equities. He also looks for […]
New Covestor model manager SWAN Asset Management gets its name from a tenet that many investors long to uphold—Sleep Well At Night. In order to create portfolios that can allow investors to do this, they focus on investment strategies that hedge against downside risk, give steady progress in good markets […]
This week, Amin Khakiani added ProShares Short Real Estate (REK) to his Quantitative Hedging model. In the model, Khakiani mixes long and short-term holdings and invests in many different sectors. REK attempts to provide results that are the inverse of the Dow Jones U.S. Real Estate index. This is the […]
We will be conducting scheduled maintenance at the following times over the next few days: Friday 24 September 2010 – 1am ET to 4am ET Sunday 26 September 2010 – 2am ET to 6am ET The Covestor.com website may be unavailable whilst this maintenance is completed. We apologize for any […]
The Federal Housing Finance Agency released their Housing Price Index results for July this week (you can read the full report here). According to the report, home prices in the U.S. fell .5 percent in July, and fell a total of 3.3 percent for the 12-month period ending in July […]
Model Manager trade activity, September 20th 2010 Covestor Model Manager Rebound Trading traded PFF in their Model Rebound ETF Covestor Model Manager Rebound
Covestor model manager Alex Denegan strives for long-term success and reduced downside risk in his Quanitative Optimization model. To manage these goals he uses ETFs to create a diverse portfolio along with quantitative asset allocation. The top holding in the model is iShares S&P/Citigroup International Treasury Bond Fund (IGOV), a […]
The Federal Open Market Committee (FOMC) met today and acknowledged that the pace of economic recovery has slowed since they last met in August. Again, they mention that they expect a modest pace for recovery in the near term, as housing, bank lending and employment are all contracted or depressed. […]