Posts filed under “Index/ETFs”

The S&P 381 and Other Oddities

Here’s some funky stuff for the day:

The Bespoke Boys point out that 23.8% of the S&P500 381 "no longer fulfill the $5 billion market cap requirement for inclusion in the index." Ouch . . .

  How’s My Bank?

Bank of America Says Losses Shift to Commercial Loans   

Update on the Seeking Alpha situation

For sale: One investment management division (trading op for free)

Oxley hits back at ideologues

The GSE Honeymoon Is Over

Goldman Sachs Recession Odds: 95%   

CMOs Up Digital, Cut Traditional    

Intrade Presidential Futures market is a deadheat

Suing Uncle Sam After Fannie and Freddie? Probably Not

Berkshire, in Blow to Banks, Reins In Its Deposit Insurer 

• Good news! We haven’t been sucked into a giant black hole due to the Large Hadron Collider

• A book of things that look like Breasts: One Track Mind

 

Category: Index/ETFs, Markets

S&P500: Better than BRICs!

Category: Index/ETFs, Investing, Markets, Trading

When Does GM Get Kicked Out of the Dow, part II

Category: Financial Press, Index/ETFs

Barron’s Asks: Bear Market Rally?

Category: Index/ETFs, Technical Analysis, Trading

Odd Data Point: Tech Passes Finance in SPX

Category: Earnings, Finance, Index/ETFs, Markets, Valuation

Updating the Dow (top ticking Energy?)

The editors at DJ have made a few changes to the venerable index: Out are Honeywell (HON) — which I have owned since the GE deal fell apart, and Altria (MO) which I sill have a small position in from the late litigation era.

In are Chevron (CVX) and Bank of America (BAC), which I don’t. The charts  of the buy and sell signals below are rather interesting.

The adds of Intel (INTC) and Microsoft (MSFT) late in 1999 top ticked the tech boom. Will the Chevron add do the same for energy?

Here’s the WSJ:

"Dow Jones & Co. announced that Bank of America Corp. and Chevron Corp. will replace Altria Group Inc. and Honeywell International Inc. in its benchmark Dow Jones Industrial Average effective Feb. 19.

The change is the first in four years and reflects the index’s continued shift away from industrial firms and into other sectors such as energy and financial services.

Excluding thinly traded Berkshire Hathaway Inc., Bank of America and Chevron are the two biggest U.S. companies by market capitalization which currently aren’t in the Dow industrials."

Interestingly, I noticed our ratings on both drops were "Neutrals"; the adds were split: BAC was a buy, CVX was a sell . . . charts after the jump.

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Category: Index/ETFs, Markets, Technical Analysis

Russell Indices Rebalance Today

Category: Index/ETFs, Investing, Trading

Crude Remains Strong Despite Inventory Build

Category: Commodities, Energy, Index/ETFs, Psychology, War/Defense

Looking at the S&P500 (Relatively)

Category: Commodities, Currency, Index/ETFs, Investing, Markets

Which is Performing Better, the Dow or the S&P500 ?

Category: Data Analysis, Index/ETFs, Investing, Markets