Model manager GEARS added two new positions to the Speedboat model this week. The first, Intevac Inc (NASDAQ: IVAC), is a developer of cameras, low-light electro-optical sensors and imaging systems. Their second quarter 2010 financial results showed a 107 percent increase in total revenues over the same period the previous […]
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The Speedboat model displayed its volatile return characteristic in September with a strong recovery from the weak August. This is a leveraged long only model that is designed to produce superior returns, but higher performance volatility is a feature associated with that.
The model posted solid results in September as it outperformed the S&P by over 1%. Significant contributors to performance were Walgreen (WAG),
Despite its historical reputation of being one of the worst months of the year for the Stock Market, September 2010, turned out to defy the odds.
Despite its historical reputation of being one of the worst months of the year for the Stock Market, September 2010, turned out to defy the odds.
Disclaimer: Mark Holder owns TMRK, RVBD, AAPL, TER, LULU and MF in the Covestor Opportunistic Arbitrage model. October 4, 2010: September was an incredible month with a historic rise in a typically negative stock market. The best September since 1939 in fact. Most investors were caught off guard but this […]
Our approach to this summer’s range bound market proved far too defensive for the record setting advance in September. Early in the month we sold most of our fully priced momentum based securities in the Income Plus account.
The collection and analysis of the second quarter 2010 financial statements is complete now and a broad based acceleration in corporate wealth is clear.
September was an excellent month for equity, particularly in emerging markets. Brazilian large-caps did exceedingly well.
"The "Innovative Companies" Model had a positive performance greater than the benchmark for the quarter ending September 2010 (13.33% versus 10.72% for the S&P 500), however, I am a little disappointed; I was too conservative in my stock selections.
The skirmishes in the currency market have escalated into open warfare. According to Brazilian finance minister Guido Mantega, the “international currency war” has begun. Although our Congress complains about China, the Federal Reserve has mounted the most aggressive campaign.
Some of my favorite stocks today are defensive, high-quality mega caps, such as WMT, JNJ, NVS, etc. Investors are worried about current economic problems, and many have shunned equities because they believe they will perform poorly in a slow economy.