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PowerShares Small Cap Sector ETFs Hit the Tape
Thursday, April 8, 2010 - 3:02am | 1157PowerShares launched a suite of small-cap sector ETFs based on the S&P SmallCap 600 Index yesterday (4/7/10). These nine new ETFs are the first to provide sector-specific exposure within the U.S. small-cap stock market. I have long been a fan of sector and industry-focused funds, and I warmly...
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Stephens Inc. Reiterates Equal Weight Rating On Vulcan Materials (VMC)
Monday, April 5, 2010 - 11:58am | 162In a research report released today, Stephens Inc. reiterated their Equal Weight rating and $45.00 price target on shares of Vulcan Materials (NYSE: VMC). The analysts wrote that "we expect that highway funding uncertainty coupled with wet weather across much of the Southeast, particularly in...
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2010 Fund Performance Period 3
Thursday, April 1, 2010 - 4:37pm | 3074The mutual fund is now on schedule for a summer 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron...
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Texas Industries, Inc. (TXI) Maintains Hold Rating; Estimates Lowered
Monday, March 29, 2010 - 4:09pm | 125Analysts Christopher D. Manuel and Jason Brown at KeyBanc Capital Markets have released an update on Texas Industries, Inc. (NYSE: TXI). Following Texas Industries’ second-quarter results, analysts believe cement shipments will improve on a sequential basis and the magnitude of year-over-year...
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Texas Industries, Inc. (TXI) Continues To Be Rated Underweight
Friday, March 26, 2010 - 2:03pm | 107Analysts at Stephens have released an update on Texas Industries, Inc. (NYSE: TXI). The company has reported its third-quarter results. Texas Industries reported a loss of $0.98 per share in its third-quarter, higher than analysts’ estimate of a loss of $0.81. The company reported revenue of $117....
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Cramer Gives His Advice On CX, VMC, CHU, CTL, WIN, TEVA, THC, AIG, S, Q, AINV, FSLR, EQT
Thursday, March 25, 2010 - 11:10pm | 457Jim Cramer said on CNBC's Mad Money Lightning Round that he doesn't like Cemex SAB de CV (ADR) (NYSE: CX). He would rather buy Vulcan Materials Company (NYSE: VMC) which is making a comeback. Cemex (CX) dropped 3.92% today, and Vulcan Materials (VMC) closed 2.96% down. China Unicom (Hong Kong)...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 33
Monday, March 22, 2010 - 8:00am | 2877Year 3, Week 33 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 71.6% (v 73.1% last week) 18 long bias: 19.3% (v 22.1% last week) 5 short bias: 9.1% (v 7.4% last week) [Includes 1 'long dollar' position...
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Top Narrow Based Indexes For March 17 (TQNT, TXI, LLEN)
Thursday, March 18, 2010 - 8:14am | 236With the Fed holding rates at their record lows and the PPI data coming in positive, the market continued its march up today as well. While the Dow Jones Industrial Average added around 77 points to trade at 10,763.37, Nasdaq moved up 17.26. Some narrow based indexes that are adding to the gains...
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Top Performing Industries For March 17 (PLCM, AA, GNCMA, TXI, TIN)
Wednesday, March 17, 2010 - 2:28pm | 327At 1:11 p.m., Dow gained 53.36, or 0.50%, to 10,739.34, while the broader Standard & Poor's 500 index rose 7.28, or 0.63%, to 1,166.74. The Nasdaq composite index added 15.28, or 0.64%, to 2393.29. The industries that are driving the market today are: Processing Systems & Products: The top...
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You Can Still Make Money on the Short Side, but It's Tough
Wednesday, March 17, 2010 - 10:29am | 540When I added Cemex (CX) and Vulcan Materials (VMC) as shorts Monday, to create some downside hedges - I offered my third choice would have been Shanda Interactive (SNDA) ... indeed if I was not writing down all my material moves on the website, I offered in "the real world" I would have done this...
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Moving Mental Stops on Index Up About 10 S&P Points; Stopped Out of Cemex (CX) Short
Wednesday, March 17, 2010 - 10:20am | 538Full breakout mode at this point... I thought Monday if S&P 1140 was broken we'd get our "easy" 16 point move to the downside (to fill a gap). It appears instead it will be going to the upside, which running a long-short strategy is fine by me. As we sit looking at S&P 1165 I will begin...
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Fast Money Lightening Round: Jim Trounces VIP, VMC, AVP; Favors CL, PL Instead
Wednesday, March 17, 2010 - 8:17am | 202In his “Mad Money Lightening Round,” Jim Cramer warned investors to not buy Vulcan Materials (NYSE: VMC). VMC gained 2.22% yesterday. Jim also thinks that it is time to get out of VimpelCom (NYSE: VIP). VIP added 1.36% in yesterday’s trading. According to Jim, Avon Products (NYSE: AVP) does not...
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Bookkeeping: Stopped Out of Vulcan Materials (VMC) Short
Tuesday, March 16, 2010 - 11:23am | 581Not surprisingly the never ending melt up is taking away some short exposure... as noted yesterday the advantage in shorting Vulcan Materials (VMC) was it was just below a very close by stop out point, in this case $46.00. I gave it an extra 10 cents to provide me some leeway, and that kept us in...
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Exploring New Strategy Ideas and Potential New Long and Short Ideas for the Week
Tuesday, March 16, 2010 - 10:33am | 1653Follow this link for a pdf of this report: Ascendere Equity Strategy, Long and Short Ideas, March 12, 2010. Track weekly long/short focus list ideas here. Time permitting, we have decided on a weekly basis to share some general equity strategy themes we are working on and updated long and short...
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Bookkeeping: 2 New Shorts
Monday, March 15, 2010 - 3:01pm | 865I have a bunch of limit short orders outstanding now, but most stocks targeted will need to jump 4-7% for me to hit. I found a handful of candidates but most of the names I really would like to short are down quite strongly today - that doesn't mean they cannot continue to tail spin but if this...