Scott MartindaleThe market continues to dwell in a zone of consolidation in a virtual tug-of-war between the bulls & bears. Bears think the market needs to prove itself by testing key support levels and working off its overbought technical indicators. Read more about Sector Detector: Market bracing for an election move

Stocks Buffeted by Macro Forces

by David Brown, Chief Market Strategist, Sabrient Systems

What does the market want, anyway? I know that's the name of this newsletter, but it's not an easy question to answer in recent months, and especially in the last couple of weeks. Read more about What the Market Wants: Stocks Buffeted by Macro Forces

david / Tag: AAPL, AVS, CAT, GILD, IBM, LLY, sectors, SMOD, TSV, USG, VIX / 0 Comments

Just Another BRIC ETF in the Wall

by Daniel Sckolnik of ETF Periscope

“A man who carries a cat by the tail learns something he can learn in no other way.”  ~ Mark Twain

This week the equity markets were less Bull and Bear and more Boar.

As in Boring. Read more about ETF Periscope: Just Another BRIC ETF in the Wall

daniel / Tag: / 0 Comments

Today, our trades were executed at the price points recommended. Just a review of the RSY recommendations:
1. Writing a covered call of LZ of the June 2011 contract at a strike price of $120 and the price today was $8.60.
2. Partial harvesting of GAIN by selling 200 {out of the original 400} shares at a strike price of $7.29.
3. Partial harvesting of NGPC by selling 300 {out of the original 500} shares at a strike price of $9.99.
Read more about Rock Solid Yields: Update {LZ, GAIN, NGPC}

ron / Tag: GAIN, LZ, NGPC, Rock Solid Yields, RSY / 0 Comments

Rock Solid Yields {RSY} recently recommended a buy on LUBRIZOL CORP {LZ} at a limit price of $112.51.   Yesterday, the market gapped down on opening at a price of $112.37 and then continued to slide for the first 15 minutes to as low as $110.75.   RSY will record this trade at the opening price of $112.37.   As mentioned before when recommending the buy, LZ options could provide the portfolio opportunities to enhance the returns and reduce downside risk,   Of course, Read more about Rock Solid Yields: GAIN's Gain, LZ Love and NGPC Partial Harvest; Stock Picking is Dead, Long Live Stock Picking...

ron / Tag: GAIN, LZ, Macro View, NGPC, Rock Solid Yields, RSY / 0 Comments

Scott MartindaleLast week ended with a thud as concerns about the Financial industry's foreclosure processes put a damper on the party that Google was trying to throw for everyone. Read more about Sector Detector: Rankings freeze as market takes a needed breather

Bears Biting the Bullet or Biding Their Time?

by Daniel Sckolnik of ETF Periscope

“If you do not change direction, you may end up where you are heading.” ~Lao Tzu

Are the Bears beat up enough to head for their caves, curl up into hibernating mode and call it a winter? Read more about ETF Periscope: Bears Biting the Bullet or Biding Their Time?

daniel / Tag: COMP, DJIA, Dow Jones Industrial Average, GOOG, NASDAQ, NDX, S&P 500, SPX, VIX, VXX, VXZ / 0 Comments

Scott MartindaleThe market continues to defy gravity, and every small attempt by the bears to push it down – even in this moderate-volume trading environment – is swatted aside like a pesky mosquito and limited to one-day non-events. And now the market has its sights set on new 2010 highs, and it might just get there before some much needed profit-taking and support-testing sets in. Read more about Sector Detector: Quant Rankings Hint Gradually Growing Optimism

The Rock Solid Yields portfolio is recognizing a dividend from NGPC paid on last Friday, October 8. The model portfolio held 500 shares at 17 cents per share.  Let us look at a few tables to see how the RSY portfolio is doing.  The first is a summary of transactions and running balance of model account (assuming $100,000 to start with).  (Click on tables for clearer images.) Read more about Rock Solid Yields: Update, Dividend NGPC

ron / Tag: LZ, NGPC, Rock Solid Yields, RSY / 0 Comments

Catching the Wave with a Sieve

by Daniel Sckolnik of ETF Periscope

Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.” ~ Benjamin Franklin Read more about ETF Periscope: Catching the Wave with a Sieve

daniel / Tag: COMP, DJIA, Dow Jones Industrial Average, NASDAQ, S&P 500, SPX / 0 Comments

The market continues to try to suck in bears who are itching to short a rally that is long on optimism but short on volume and fundamental underpinnings. But each time it appears that a correction of significance is ready to start, a bid arrives with the slimmest of justification to sends the market to new heights. Despite market exuberance, my own technical analysis of the charts and Sabrient’s SectorCast-ETF fundamentals-based quantitative ranking of the ten U.S. sector iShares are both telling me that there is still much to worry about. Read more about Sector Detector: Both Fundamentals and Technicals at Odds with Rally

david / Tag: AA, BLK, EMN, IPXL, LEA, sectors / 0 Comments

Let Sleeping PIIGS Lie

by Daniel Sckolnik of ETF Periscope

“If to do were as easy as to know what were good to do, chapels had been churches, and poor men's cottages princes' palaces.” ~ William Shakespeare Read more about ETF Periscope: Let Sleeping PIIGS Lie

daniel / Tag: COMP, DJIA, Dow Jones Industrial Average, EIRL, EWG, EWI, EWP, NASDAQ, PIIGS, S&P 500, SPX / 0 Comments

On Friday, RSY portfolio recommended a long order of 400 shares of CODI at a strike price of $16.24. Looking at the stock chart at opening, this seems to be a reasonable price point for someone wanting to get a position. Hopefully, you got even a better price point. Let's now look at our model portfolio through a variety of tables.

The first table, as a broker would display, is the open positions of RSY as of the close on Friday, 9-29-2010. (Click on tables for clearer images.) Read more about Rock Solid Yields: Update, Dividend Disasters to Avoid.

ron / Tag: CODI, Dividends, IVR, MRH, Rock Solid Yields, RSY / 0 Comments