The Dow Jones Industrial Average was rejuvenated today as investors pounced on State Street Corporation’s (NYSE:STT) announcement that their earnings for Quarter 2 were right on track with analysts’ expectations and their earnings per share had exceeded the expectations of analysts. State Street, an investment management and research firm, is […]
The Suncoast Equity Management (SEM) model examines the workings of individual companies to determine whether or not they would be good fits for the portfolio. They examine cash flows, debt and more before deciding whether or not to invest in a particular equity. One position they’ve deemed appropriate for their […]
The holiday weekend in the U.S. didn’t actually help improve the economy at all, but it did seem to improve the outlook of U.S. investors this morning as the Dow Jones Industrial Average rose as many as 165 points just 45 minutes after the market opened. Helping to push the […]
Monthly Investment Report for July 2010 from Capital Ideas on Covestor. While June may have been a good base building period for US equities we think it could have been a topping period for the US dollar. That is why we continued to build core ETF positions in foreign markets […]
If you’ve been investing for any length of time, chances are good that you have heard about GARP investing—Growth at A Reasonable Price. GARP investors look for those companies that consistently earn and grow and that exceed broad market levels and exclude companies that are valued too high or low. […]
The U.S. Labor department reported today that while the private sector gained 83,000 jobs in June, employment overall lost 125,000 jobs. So while unemployment has dropped to 9.5%, the Labor Department’s report did not give economists and investors the news they had hoped to hear because it doesn’t show the […]
Ryan Lee, manager of the Covestor Model Long-Term Conservative bought McCormick & Co Inc (NYSE:MKC) this week. Lee looks for positions that are trading at a 30% discount to their intrinsic value and he values free cash flow with debt that is manageable. MKC has managed to keep its long-term […]
European and Asian markets were all down on Thursday and U.S. markets ended up following the trend with the Dow Jones Industrial Average closing down 41.49 points at 9,732.53. Concerns about job losses stemming from an offshore drilling ban as well as the potential loss of drillers were one reason […]
Covestor model manager Robert Gay of Global Equity Analytics and Research Services LLC (GEARS) focuses his Speedboat model on the purchase of companies that are unusually depressed. He uses a proprietary program to interpret documents and identify companies that fit in his portfolio. This week Gay bought NVIDIA Corp (NASDAQ:NVDA), […]
Faced with Moody’s potential downgrade of Spain’s credit rating and disappointing data within The ADP National Employment Report® investors sold more than they bought Wednesday resulting in yet another down day for U.S. markets. The Dow Jones Industrial Average ended the day down 96.81 points to close at 9,773.49. The […]
With the start of summer, and our new website, we are feeling warm and fuzzy at Covestor so we are waiving our own management fees for all new Mirroring Accounts funded by the end of July! What this means is that you can open an account today, mirror the investments […]
Portfolio manager Michael Arold’s Techincal Swing portfolio is filled with equities from many different sectors. In order to choose positions for his portfolio, Arold watches the market and individual sectors and uses many technical indicators. Once he has identified some positions that interest him he looks at the company’s fundamentals […]