Update On Our Doitinvest Investment Portfolio no.1 - U.S. Blue Chip Stocks (5)

Posted on June 25th, 2009 in Stocks by admin

Two weeks later after the previous update on our portfolio and the news are not so good. From the very beginning we decided to go for a buy and hold approach. This is something very simillar to what a normal investor would do. After all, not everybody (including our doitinvest.com team, the authors of this blog) has enough time to watch the market and place the deals. And as the technical analyst Martin Pring mentioned in one his latest books, trading often can eat a lot of your profits due to the high percentage of commmissions you pay. In other words, most of your profit can go to the broker, not to your pocket.

Coming back to our Doitinvest US portfolio of shares, the matters are quite simple. After the rally we experienced two weeks ago (see our post on June 9th), the hopes that the recession was over did not materialize. Therefore, some of the big investors marked their profits and sold some of the shares. This of course puched the price down - actually it stopped the rally. Nevertherless, in hindsight it is alaways easy to manage an investing portfolio, but in practice we have to live with our decisions. Which we do.

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Ethics in the Pharma Business - Why Did Ely Lilly Prescribe Non-Working Drugs?

Posted on June 12th, 2009 in Stocks by RaduH

eli-lilly-logo Ethics in the Pharma Business - Why Did Ely Lilly Prescribe Non-Working Drugs?You might have heard of this already - Ely Lilly has been actively marketing drugs supposed to counteract the Alzheimer disease for older people, which did not work. And this is more than a $6.8 billion suit already - the prosecutors have lots of documents to prove it, according to the media.

Insurers and other so-called third-party payers evaluated that Lilly could pay as much as $6.8 billion in damages for downplaying Zyprexa’s health risks, including excessive weight gain and the risk of contracting diabetes, and marketing the drug for unapproved uses to pump up profits, says Bloomberg.

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Is The Apple IPhone Loosing Its Magic?

Posted on June 10th, 2009 in Stocks by RaduH

iphone-3g-s-apple-mobile-phone-launched-june-2009 Is The Apple IPhone Loosing Its Magic?I think that the Iphone 3G S was the most awaited gadget on the market this year. Since Apple has sold millions of it, the IPhone has made history. And whilst it is the first mobile phone which commands a share of the mobile phone operators revenues, IPhone remains a sort of refference for the industry.
Given the expectations, Iphone 3G S, the mobile phone from Apple to replace the old 3G, meets the yearly tradition of Apple to relaunch its products. Which the company did this June, as expected. Together with the new McBook Air and the cheaper laptop Apple has launched, the triad of new products is supposed to re-build the fortunes of the company. And this with a Steve Jobs still missing from its helmet.

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Update On Our Doitinvest Investment Portfolio no.1 - U.S. Blue Chip Stocks (4)

Posted on June 9th, 2009 in Stocks by RaduH

After the last weeks’ rally on the stock exchanges, our portfolio has increased substantially in value. The Blue Chip US portfolio created by doitinvest has started from $1,000,000 on April 2nd. At the end of April it has gained already 6,8%, indicating that the timing we have chosen for starting it was a good one. Which proved to be true, since the avalanche of better economical news have kick-started the engine of the US economiy in May.

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Rio Tinto Following the Downward Trend on Raw Materials

Posted on May 26th, 2009 in Stocks, US economy news by RaduH

mine-rio-tinto Rio Tinto Following the Downward Trend on Raw MaterialsToday Rio Tinto PLC (RTP), the world’s largest mining company, has announced that it stroke an agreement with Nippon Steel on reducing its prices for the ore iron it supplies to the Japanese manufacturer. The price reduction (contractually agreed) amounted to as much as 30% of the previous year’s prices.
Is this good news? The market seemed to think so, since the price incresed with 7% in the hours following the announcement.

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Not a Rosy Picture for Samsung

Posted on May 22nd, 2009 in Stocks by RaduH

samsung-led-tv Not a Rosy Picture for SamsungRecently the announcement of the LED TV’s launch seemed like the first good news after long months of waiting expectations from the industry. After all, during the recent US recession, everybody was expecting the electronics companies to come up with new products, at least as a replacement solution for the market-invading LCD TV’s.

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A New Way To Analyze Stocks

Posted on May 20th, 2009 in Investing strategies, investing techniques by RaduH

The big news of these days for the internet seem to be the launch of the wolfram alpha search engine. Which, after our first doitinvest.com tests, looks as more of a fad.

Wolfram alpha reveals itself to the world as a different search engine - in a sense that it uses different search algorhitms compared to any other search engine. It is supposed to be much closer of the human thinking than the cold, rational algorhitms of its bigger and older competitors (see yahoo or google).

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Accor, the French Hotel Group, on the Expansion

Posted on May 4th, 2009 in Investing strategies, Real estate, Stocks by RaduH

accor-logo Accor, the French Hotel Group, on the ExpansionIn such a bad environment, where travelling and tourism are down more than 20% vs. 2008 (and last year was a bad one too), Accor continues toplan for expansion. It has recently announced plans to expand further its business. Accor, Europe’s largest hotelier, plans to set aside 100 million euros ($132.8 million) a year to buy hotels put up for sale as a result of the global downturn, the group’s chief financial officer said on Sunday.

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IMF Reccomends Stronger Measures to Fight the Global Financial Crisis (2)

Posted on April 25th, 2009 in Real estate, Stocks, US economy news by RaduH

We come back to the IMF handbook published on April 2009, called “Global Financial Stability Report”. This time, we make refference to its reccomendations.

But before this, a new estimation of the IMF on the global write downs of assets. In January 2009 IMF estiamted the bad assets writing off to around $2.7 billion in the US only. In this latest report, the estimations included also other mature market-originated assets, which could increase the total write offs to around $4 billion. In other words, $4 billion of the US economy has been wiped off by the financial crisis (or will be, total until the end of 2010). Scary, isn’t it?

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