The indices rallies to 5 week highs. I was not impressed with the volume and therefore sold a big portion of my bull ETFs. I also took some of the table on a few long positions that were not performing today.
An unexpected but welcome jump in home sales powered todays rally. I do not see this rise in home sales as a sign of a real estate market recovery.
US automakers saw March sales decline while Toyota sales continued to rise.
TCG view: Toyota makes autos that have universal appeal. Ford, GM and Chrysler do not.
A subprime lender gets a boost and shares surge. Do I smell other bailouts on the horizon ?
Goldman Sachs gets a kick in the ass. I guess all that 'inside' information and technology at their disposal still couldn't save them.
Is a chip maker recovery underway as inventories start to decline ? There appear to be plenty of 'bargains' in the chip sector.
I love pulling out investment ideas from these screens. A word of caution; These screens are not a substitute for your own homework.
Is Jones Soda the next Hansen ? The stock is on a tear .
Tax season is here and if the IRS decides to come after me I'm going to pull one of these.......
Good post.
ReplyDeleteThe GS article says in one place that Global Alpha lost 9% in 2006, then the end of the article says it gained 8% in 2006. ??
The Reuters screens are great. Every one of their screens has beaten the market since 2000, some by a wide margin. All free from their website - amazing.