Weekly Update On Our Doitinvest Investment Portfolio no.1 – U.S. Blue Chip Stocks (3)

As we have adopted fundamentally long positions in our US blue chip shares portfolio, there are no changes in the no of shares owned as of today. However, the market seemed to come back a little bit this week and we extended our gains modestly (but certainly, as $8,000 is no little gain I’d say -0.8% per week measn 40% in one year, an investment yield hard to obtain otherwise than by doing a lot of short selling these days).

So the summary of our US portfolio looks as follows:Read More »Weekly Update On Our Doitinvest Investment Portfolio no.1 – U.S. Blue Chip Stocks (3)

Update On Our Doitinvest Investment Portfolio no.1 – U.S. Blue Chip Stocks

djia-april-2009-14th-overall-us-market-evolutionWell, two weeks have passed since we started our blue chip shares portfolio. If you remember, we created a portfolio of very liquid shares two weeks ago, with the intention of tracking its performance and of comparing it with the investments performance of the DJIA index.

Well, in two weeks the things are quite good. The initial value of our investments portfolio was $1,06 million. In these 13 days we had no bad luck – in fact we had capital gains (since we did not made any transactions with the shares) of $60,000. This corresponds to an investment yield of 6% before any trading commissions and taxes, or roughly to 4% after those. Read More »Update On Our Doitinvest Investment Portfolio no.1 – U.S. Blue Chip Stocks

How Long Will the Financial Crisis Still Last? (3)

recession-street-how-do-the-shops-close-downHere we go again with one more survey on how long might still last the current financial crisis / recession. Compared to the last two surveys we had a couple of months ago, this one seems to be pretty more optimistic. This optimism is fueled by the recent slow recovery of the stock markets (see the Dow Jones recovering sharply in the last two weeks), as well as by the pace of the bad news pouring in at a slower pace.
The financial investing experts surveyed by point out at four main causes of their optimism:Read More »How Long Will the Financial Crisis Still Last? (3)

Past share buybacks haunt some US companies

Standard & Poor’s 500 companies have spent $1.73 trillion on buybacks up to September since the fourth quarter of 2004, according to the ratings company. With the U.S. in a recession, the companies face the threat of additional credit-rating downgrades after being punished for the earlier borrowing.

But what was the trick behind, which pushed serious companies such as Macy’s or Gannet to buy back their shares? And (hard to believe), even by borrowing money to do so?Read More »Past share buybacks haunt some US companies

Shares update for today – November 4

As has said previously, a yo-yo. And again, with a very speculative twist so that we can close our mouths when we see the gains some funds will post at the end of Q4 2008.

Dow Jones was relatively stable today at around 9,300, if you can call stable remaining at a level 40% lower than the beginning of 2008 (seems like yesterday, hugh?). But in US it was election day and in the rest of the world some companies came up with positive news – Marks and Spencer increased almost 9% (but looks like Dow Jones – in a gap of potential), Societe Generale gained 6,7% and Clariant AG rallied more than 6% too after posting better-than-estimated results.Read More »Shares update for today – November 4

Stock trading in the global circus

As mentioned before on doitinvest, DJIA looks like a yo-yo. The same for the oil price and for the profits of the companies today…

DJIA plunged again on a panic access to 8,600 points, after a big gain which was driving it just a few days ago up to 9,500. Looking at this yo-yo of trading a wild idea came to me – what if the news sources do not really get it and the causes of this stocks variations are not a result of the panic?Read More »Stock trading in the global circus