Tuesday, August 05, 2014 8:07 AM EDT
Morning Matters Portfolio
The S&P 500 was lower since our last update. The portfolio is now 75% invested long, 0% short and 25% in cash, net long 75%. We are now at a value of 811.28% from 811.27% last Tuesday. A new buy was added last week. So far this year we are up 78.88 points or 10.76%. The performance on the Uncommon Wisdom Daily Portfolio Tracker is a bit higher due to dividends which they add in. We have never added in dividends so our weekly results are understated. More...
Daily P/Laybook: Futures Lower
US futures: S&P 500 -5.25, Dow Jones -33 and NDX -9.25 with fair values flatish to up. Asia mixed and Europe higher. Copper lower along with silver and gold higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury yield +1. Prices as of 7:45 a.m. EDT. More...
Today's Superstock Investor Stock Scorecard:
EMERSON ELECTRIC CO (EMR)
Emerson Electric (EMR) will report earnings this morning. Estimates are $1.06 versus $1.04. There is some nice upside to this name if the stock bases around earnings today. Industrial names have been hit hard and this is a natural bounce candidate. More...
Articles That Matter:
Israeli Troops & PMI Numbers Weak
Yesterday we solved the banking issue in Portugal. Today we have a truce in Gaza AND the Israeli troops left Gaza. China PMI was weaker than expected as well. In fact, it was the lowest level in 9 years. More...