Posts filed under “Index/ETFs”

2011 Dow Dogs & Daredevils

In this week’s Barrons, Mike Santoli takes a closer look at the 30 individual Dow Industrial stocks.

A few observations worth noting: The winners were stable, defensive companies, while the losers were financials and the more cyclically sensitive names.  The 2011 winners marked their second consecutive successful year: McDonald’s (MCD), Home Depot (HD) and Kraft Foods (KFT) all did well. The laggards — Bank of America (BAC), Cisco Systems (CSCO), Hewlett-Packard (HPQ) and Alcoa (AA) — were also the laggards in 2010.

The most interesting data point to me was the performance bell curve. Will the fat middle was mostly flat (plus or minus a few %), there were 8 DJIA names out of the Dow 30 either rose or fell 20% or more last year. That is 26.67% whose performance is far away from the market average.

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click for larger table; don’t click for bigger table — what, you think I care?

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Source:
Daredevils of the Dow
MICHAEL SANTOLI
Barron’s January 14, 2012  
http://online.barrons.com/article/SB50001424052748703409004577154732178350826.html

Category: Index/ETFs, Investing

Barron’s: Buy Emerging Markets

Where the Buys Are Emerging markets are cheaper than their developed counterparts with far more growth. Earnings for the MSCI Emerging Markets index are expected to grow at 15% over the long term, versus 12% for MSCI World index. Recent Change P/E** 2011** Market Index Level YTD 1-Yr 3-Yr* 2011 2012 Price/Book Brazil Bovespa 52,482.82…Read More

Category: Index/ETFs, Investing, Markets

Trannie Swan Dive to Take Down Crude Oil

The Dow Transportation Index was down almost 4 percent Tuesday and if there is any silver lining  in the current market turmoil is that Trannies usually lead crude down, which will drop gas prices.  The chart below shows the 12.2 percent swan dive in the Dow Transports since July 7th with crude oil barely moving. …Read More

Category: Index/ETFs, Technical Analysis

The New Nasdaq

Nasdaq OMX is rebalancing the Nasdaq-100 index (QQQs), which currently has one company — Apple (AAPL) as more than 20% of the index. The WSJ notes “Apple’s market capitalization is roughly $300 billion, twice that of Google. But its weighting in the index was five times that of Google. After the rebalancing, Google’s share of…Read More

Category: Index/ETFs

Dow Jones by the Numbers

I normally NEVER care about PR releases — they are rarely on topic, and mostly worthless — but this run of Dow Jones data was surprisingly relevant to the end of Q1: Dow Jones Industrial Average Long term data · Highest intraday level (12419.71 at 12:08:49 on 4.1.11) since June 6, 2008. · Down 1787.81…Read More

Category: Index/ETFs, Investing, Markets

10 Reasons I Am Thinking About Japan

As of late, I have been intrigued by Japan. It is a part of the world that investors seem to detest ignore, despite signs of technical improvement. I’ve talked about this in the office, and with some of our clients who either own specific Japanese names — or live there. The thought process is Japan…Read More

Category: Index/ETFs, Investing, Technical Analysis, Trading

Value Line Arithmetic vs Geometric Index

My pal David Rosenberg points out that the Value Line Arithmetic Composite Index is at an ALL TIME HIGH. (This is an equal weighted price index of the 1650 stocks surveyed by Value Line, averaged daily). Dave writes: “The average stock, by the way, according to the Arithmetic Value line index, just hit a new…Read More

Category: Index/ETFs, Markets

Comparing World Indices

Today’s chart porn is a quick look at major world indices since January 2000, via the always excellent D-Short. > click for ginormous chart > Hat tip Grant Williams

Category: Index/ETFs, Investing, Technical Analysis

Investing Like a Psychologist: Listening to Market Themes

Quick:  What do great symphonies, great novels, financial markets, and the conversations of clients and therapists have in common? Answer:  All follow distinctive themes.  Much of the meaning that we find from all of them lies in our ability to track these themes across their many shifts and permutations. A composer or novelist brings themes…Read More

Category: Commodities, Currency, Fixed Income/Interest Rates, Index/ETFs, Psychology

Jeremy Siegel is not having a good year

Its been a tough year for the U Penn prof. First, the market has gotten cut nearly in half, something many buy & hold investors admit is possible, but is supposed to a rare occurrence. But as we have seen in 2008, and 2001-03, and 1972-73, these sorts of brutal bear markets are a lot…Read More

Category: Index/ETFs, Investing, Markets