Federal Reserve Chairman Ben Bernanke spoke today before the Committee on Banking, Housing and Urban Affairs. He discussed many economic issues including the slow improvement of the unemployment rate. He mentioned that a “significant amount of time” would be needed to restore all the jobs that have been lost over […]
There has been a lot of movement Covestor Models this week, let’s take a look at some of the new positions our model managers have brought in. We discussed Vivian Lewis’ International Yield model a few weeks ago. This week, Lewis added Barclays PLC (NYSE:BCS) to her model. BCS provides […]
The small cap portfolio benchmark, the Russell 2000 Growth Index dropped over 6.7% during the month of June (Russell Website). We have previously noted that we feel our philosophy of owning quality stocks with earnings momentum at a reasonable price provides significant support during times of volatility. In our opinion, […]
During the month of June, our small cap growth benchmark, the Russell 1000 Growth Index lost 5.51% (). The only bright spots during the month were the communication stocks and the health care stocks. All other sectors in the portfolio performed negatively and the worst performing sector was the materials […]
VisitGlobal Equity Analytics and Research Services(GEARS) on Covestor Positive surprises continue to outnumber negative ones by a wide margin. Maybe that should not be such a surprise when during 1Q2010 over 80% of companies showed a rising sales growth rate and nearly 70% recorded a profit margin improvement (according to […]
Covestor model manager Kevin Shine’s Asset Allocation model holds positions from many different asset classes including REITs, stocks, commodities and currencies—but they are all purchased through ETFs. One of the top holdings in the Asset Allocation model is iShares Barclays MBS Bond Fund (MBB). MBB is designed to mirror the […]
In the first 10 minutes of trading this morning, the Dow Jones Industrial Average lost as many as 146 points after IBM showed lower-than-expected quarterly revenues. But the extension of jobless benefits and a reported increase in building permits issued (an increase of more than 2%) helped investors get back […]
Second Quarter Review for Investment Clients of Sparrow Capital Management (Ending June 30, 2010) If you view the price change for the Dow Jones Industrial Average over the prior 90 days you may become disappointed. On the surface, the second quarter of 2010 was not good for investors. However, when […]
Although bad economic news seemed to dominate the headlines today, U.S. markets managed to make some gains. The Dow Jones Industrial Average was up 57.74 points today closing at 10,155.64. The Nasdaq was up 19.18 points to close at 2,198.23 and the S&P 500 gained 6.49 points to close at […]
Schenley Park and their Covestor Model Capital Appreciation Plus looks for positions that will appreciate in value while offering activity that is not as volatile as the S&P 500. Let’s look at five of the funds that dominate this model. ProShares UltraShort S&P 500 ETF (SDS) is a bearish fund […]
Covestor Model Manager Mark Holder gives his take on the BP oil spill and Massey Energy (MEE). With all the focus on BP, everybody has forgotten the damage done to the stock of Massey Energy (MEE) after the explosion at the Upper Big Branch Mine (UBB) in early April. MEE […]
Covestor model manager Vivian Lewis offers her daily international briefing. Note that not all companies are held in the International Yield Covestor Model. Rather, some are just International Companies that Vivian tracks. Market Update for Tuesday July 19th, 2010 US data is actually expected to be woeful. Especially existing home […]