Claymore Securities and KLD Launch Sudan Free ETF (KSF) Written By: David Neubert 2007-06-25 11:59:48 Claymore Securities launched the Claymore/KLD Sudan Free Large-Cap Core ETF (KSF - $25.00) today. The Claymore/KLD Sudan Free Large-Cap Core ETF tracks the KLD Large Cap Sudan Free SocialSM Index, which, according the KLD/Claymore press release, is the first socially responsible index tied to the issue of Sudan divestment.
I quickly ran across some oil companies that I own or follow. I found that, even though my ownership choices of integrated oil and energy companies is mostly determined by their relative futures prospects current valuations compared to expected future valuations, these choices matched nicely with more cooperative companies.
Coca Cola (KO) - Fully Valued But Not Overvalued Written By: David Neubert 2007-06-14 13:56:33 I'm looking around my portfolio for what were value stocks and looking for fully valued stocks. If I own stock I consider overvalued, I sell. If it's fully valued, I sell calls. In the case of Coca-Cola (KO - $51.39) I'm playing wait and see. It only has to go a few dollars higher and I'll sell a bit. The company has a trailing p/e of 23 and forward of just around 20. The stock has taken off because it seems earnings growth has picked up and fund managers who underowned this market darling are now playing catch up which has driven the price higer.
Don't be Fooled by Recent Rally Written By: David Neubert 2007-11-14 10:50:51 The last two days have all the markings of a bear market short-covering rally. The sectors that have the most negativity have rallied the most: Retail and Financials. If this were a real transition from a negative selling market to a rally, the sectors that have been leading would continue to lead: Technology and Materials.
So what is happening? People who short stocks are much more skittish than those who go long; they are also more disciplined traders. That means that when a trade starts going against them they get out in a hurry (remember, good traders know that the odds are stacked in their favor and survivors win. I always told my traders, "Survivors win so get out if you don't know why a trade is going against you. Don't be right, be a survivor.") That is why bear markets are full of break neck rallies in lagging sectors. That is exaclty what has been happening the last two days.
