27
Jun
2012

Sector Detector: Summer Doldrums Arrive Despite Global Uncertainty

I don’t know about you, but I’m getting a lot of auto-response emails from folks in the investment world who are on vacation these days. Yes, the summer doldrums have set in, often leaving junior portfolio managers—without seniority, vacation time, school-age children, or much in the way of discretionary authority—to mind the store.

Author: smartindale / Tag: CYH, ETF, Eurozone, GILD, IDU, iShares, IVR, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, NLY, ORCL, sectors, SPY, STX, VIX / 0 Comments
25
Jun
2012

What The Market Wants: A Solution, Any Solution

It is fairly clear that what the market wants is a solution, or more likely, an entire truckload of solutions, to the issues that have polarized the globe. I hope you’ve noticed that the market passionately hates uncertainty!  The market’s behavior of the last few weeks speaks to this attitude.

Author: david / Tag: DAN, EXXI, LCC, UTHR, WFC / 0 Comments
21
Jun
2012

Sector Detector: Fed Takes Over the Spotlight from Europe

Greece’s electorate has chosen to stay in the new world rather than retreat to the old. And the Federal Reserve has backed up its words regarding liquidity and accommodation to support economic recovery. That about sums up the latest news, which has helped the technical picture. Stocks have been able to break out of a holding pattern and continue the June rebound after a dismal May.

Author: smartindale / Tag: ACTV, AWRE, COL, ETF, HCA, IDU, iShares, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, QCOR, sectors, SPY, VIX / 0 Comments
18
Jun
2012

What the Market Wants: Dead Cat Bounce?

The market did rebound last week, but it’s not much to brag about. Large-cap Value led the style/caps, up a paltry 1.42%, while Mid-cap Value dropped a tad, down -0.11%. It’s worth noting that Large-cap Value led not only last week, but last month and the last 3 months (see market stats). While it hasn’t been that great over the past 3 months, it has been the best of the worst. 

Author: david / Tag: AAPL, AFL, CERN, EBAY, HCA, LUV / 0 Comments
13
Jun
2012

Sector Detector: Market back in holding pattern

During the month of May, the Dow Industrials managed only five positive days, but June has offered up some recovery so far. Despite the persistently negative news we are inundated with each day—creating real trepidation among investors—there are actually a lot of promising signs here in the U.S., and the technical picture seems to have entered a holding pattern as investors await signs of improving stability elsewhere.

Author: smartindale / Tag: AUXL, CAMP, ETF, IDU, INOD, iShares, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, QCOR, sectors, SPY, VIX / 0 Comments
11
Jun
2012

What the Market Wants: Why Oh Why Don't You Rebound?

The S&P 500 closed today at 1309, down well over 1%. The NASDAQ closed down nearly 2%.  In light of relative valuations and current global prospects for the past six months, the question begs an answer: Why?  Let’s begin with an overview of the results of the past week.

Author: david / Tag: Basic Materials, CASC, CJES, Cyclical Consumer, DAX, Eurozone, financials, GARP, GCOM, KS, NASDAQ, S&P 500, small-caps, Spain, technology, VGK FXE / 0 Comments
06
Jun
2012

Sector Detector: More of the same

Greece, Spain, Italy. Eurozone. Austerity. For stock investors, it’s just more of the same—the same rollercoaster of hope and despair about any of a number of potential outcomes…without resolution. On Wednesday, stocks had their strongest one-day rally since December.

Author: walter / Tag: ETF, IDU, iShares, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, NTES, POZN, QCOR, RHT, sectors, SPY, VIX / 0 Comments
04
Jun
2012

What the Market Wants: June Gloom

Today, the market sold off as much as a full percent before recovering to a slight loss at the close.  At midday, it was off more than 10% from its high in April despite the solid quarterly earnings added in Q1. Factory Orders (-0.6%) were well below the expected number (+0.1%), continuing a worrisome trend that began last week when every major economic number disappointed: Consumer Confidence, Initial Jobless Claims, GDP 1st qtr.

Author: david / Tag: AIG, GNW, PBI, STX / 0 Comments