Monday, March 08, 2010
Since we began our portfolio, it is up 384.03% from 344.76% while the S&P 500 is down -14.15% through Friday's close. This is the cumulative return of all recommendations since April 1, 2008. The average return of all open and closed recommendations is 9.60%. There have been 40 recommendations to date. This equates to turnover of 300% in two years or 150% a year. The portfolio has 8% cash from 25% cash three weeks ago. There are eleven winners to zero losers. The portfolio is 92% invested More...
Another Merger Monday
Asia and Europe higher. S&P 500 and NASDAQ futures lower by 1.90 and 1.80 at 7:45 EST. Brent Crude is at $80.51 from $79.14 with gold at $1136 from $1139 and natural gas at $4.51 from $4.74. The Up Dollar ETF (UUP) closed at $23.63 lower by -0.04%. Currencies see the Yen at 90.37 with the Pound at .66 and Euro at .73. The 20 Year Treasury ETF (TLT) closed at $90.27 lower by -1.31%. High yield bonds rose and corporate investment grade bonds fell. More...
Today's Superstock Investor Stock Scorecard:
CARMAX INC (KMX)
One of the largest market cap stocks in the S&P 400 Mid Cap Index is CarMax (KMX). It is undervalued. Given the potential rebound in the auto space this could be a very interesting name to own. More...
The Madison Letter:
Looks like the 1100 level is going to stick. Things are starting to get a bit frothy. Expect a pullback as the S&P 500 is now up 6 days in a row. More...