gold has gone hyperbolic. Given the rise, we thought it would be useful to touch base with some of Covestor’s model managers who run portfolios that hold the
GLD
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Author: Peter Kurata Covestor Model: CANSLIM Disclosure: Long SLV, GLD March continued to head fake and fool investors. Inflation has been most obvious at the gap pumps, and while we consumers complain about $4/gallon gas, the government simply turns its head the other way, as energy is not included in […]
Yesterday we showed how the price of gold has gone hyperbolic. Given the rise, we thought it would be useful to touch base with some of Covestor’s model managers who run portfolios whohold the SPDR Gold Trust ETF (NYSE: GLD), the world’s largest gold ETF. One such manager is Bill DeShurko […]
Following the turmoil in the middle east, Japanese earthquake and renewed worries over European debt, gold has resumed its seemingly inexorable march higher. Metals industry resource Kitco reports: Comex gold futures on Wednesday closed higher and set another new all-time record high of $1,467.00 an ounce, basis the active June […]
Author: Peter Kurata Covestor model: CANSLIM Disclosure: No position in GLD or SLV * See important disclosures Federal Reserve Chairman Ben Bernanke uses the rising stock market as his barometer for the success of quantitive easing. He also doesn’t think inflation is a problem, but the charts show otherwise. The […]
Another month, another failed rally. On the S&P 500, it is the fifth time since May this index has bounced off of the psychological “tax” or 1040 support line. A break below this may find the index down to 1000. Leadership did show up as cloud computing stocks...
Covestor model manager Craig Steury bought Sturm Ruger & Co Inc (NYSE:RGR) this week in his Algorithmic Trading portfolio. In this portfolio, Steury holds computer executed positions for anywhere from 2 to 6 days and basis his computerized buys on an algorithm that analyzes Nasdaq issues. In 2009, Sturm Ruger’s […]