This model will remain fully invested to capture as much upside as possible while protecting against any major downside.
Strategies
The company has continued to execute and we’re looking forward to Zillow’s first quarter earnings announcement in early May.
I plan to maintain my current asset allocation strategy of shorting the VXX and going long on the VXZ.
This forecast is based on belief that bank earnings, dividends and repurchases will provide the next catalyst to earnings for the index.
We are now entering earnings season and it will be interesting to see the numbers and commentary from company leaders.
The whole effort is a transparent attempt by Brin and Page to maintain their voting control over the company.
Deere is trading at close to ten times estimated 2012 earnings which is a modest multiple vs. that of the S&P.
This time of year always seems to be finicky in the markets so it is important to rely on the fundamentals and your thesis.
Our model has almost 85% of its market value held in 5 holdings: Liberty Interactive, Intuit, Direct TV, Quest Diagnostics, and Starbucks.