This page has been archived and commenting is disabled.

Weekly Chartology

Tyler Durden's picture




 

Goldman's David Kostin continues to pitch the firm's recent "SIRP" investment strategy, highlighting that while the S&P was down 0.6% in the past week, the recommended trade of buying low operating leverage companies (long <GSTHOPLO> / short <GSTHOPHI>), was up 1.5%, while a recent push into dividend payers resulted in a 1.2% move higher in the firm's dividend growth trade (long <GSTHDIVG> / short SPX). Some other observations in this week's summary chartology: "Companies with low operating leverage have less risk to their earnings outlook from lowered revenue guidance than stocks with high operating leverage. Shortfall in mature market consumer PC demand caused Intel to cut its 3Q 2010 sales guidance by 5% and gross margin by 100 bp to 66%, implying a GAAP EPS cut of 10.5%."

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 08/28/2010 - 09:36 | 550114 bugs_
bugs_'s picture

Don't question owning stocks based on bad news, you just have to "pick" correctly.

Sat, 08/28/2010 - 10:13 | 550129 99er
99er's picture

Chart: ES

The A-Holes in J-Hole and their boys were able to bring prices way up on Friday despite some very negative developments in the real economy. By the end of the day they reached the upper boundary of a longterm falling channel which I suspect will hold. I believe Big Ben and the Boyz will likely have an abbreviated weekend.

http://www.screencast.com/t/NDhmMDViMDk

Sat, 08/28/2010 - 10:39 | 550169 RobotTrader
RobotTrader's picture

These appear to be the new leaders if the market follows through to the upside.

 

Sat, 08/28/2010 - 11:00 | 550200 Careless Whisper
Careless Whisper's picture

NZ robo? if you're gonna take a position in that (or CML) you better be hands on the keyboard at all times and have the xanax near by.

MCD still strong. I like NEM above 60. GS couldn't find a bid yesterday, would rather be short it than long.

Sat, 08/28/2010 - 10:50 | 550189 Careless Whisper
Careless Whisper's picture

why does zh continue to publish this eau de toxic landfill?

here is a more useful chart:

http://www.facebook.com/photo.php?pid=2267565&fbid=141555489856&op=1&vie...

 

Sat, 08/28/2010 - 17:10 | 550590 trav7777
trav7777's picture

if the market stays flat, the only returns will be had in dividends.

I'm long certain higher yielding stocks simply because I believe the trend of flattening yields will continue.

Sun, 08/29/2010 - 15:26 | 551639 firstdivision
firstdivision's picture

I believe it is worth noting that the 100DMA crossed below the 200DMA this week. 

Do NOT follow this link or you will be banned from the site!