We see some churning in some stocks that we are studying. For example, AmBev (ABV) seems to be stuck around 130 and cannot seem to penetrate it (disclosure: we own ABV in our paper and real money accounts +20% gain). Other stocks are stalling or correcting. We are still long the market and we will be until there are obvious signs of major consolidation in the stock market indexes. We are advocates of mild corrections that shake out the weak hands. That is healthy stock market activity. Do not get scared or complacent. Trust your instincts and believe in your systems. Turn out the noise, specially of those that state that the stock market will go down to 5,000. Remember, with the advent of short etfs, we can now safely hedge our portfolios and play the downside of the market.
AFL: Aflac Incorporated (Aflac) is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries. Its principal business is supplemental health and life insurance, through its subsidiary, American Family Life Assurance Company of Columbus (Aflac), which operates in the United States (Aflac U.S.) and as a branch in Japan (Aflac Japan).
AFL Stock Market Chart for 10-8-2010
EWM: iShares MSCI Malaysia Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund invests in the sectors, such as financial, communications, industrial, utilities, energy, basic materials, consumer non-cyclical and consumer cyclical.
EWM Stock Market Chart for 10-8-2010
MS: Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company operates as a global financial services company that provides its products and services to a diversified group of clients and customers, including corporations, governments, financial institutions and individuals. It operates through three business segments: Institutional Securities, Global Wealth Management Group and Asset Management. In May 2010, Invesco Ltd. acquired the Company’s retail asset management business. During the year ended December 31, 2009, it disposed its former real estate subsidiary, Crescent Real Estate Equities Limited Partnership.
MS Stock Market Chart for 10-8-2010
SJT: San Juan Basin Royalty Trust (the Trust) is an express trust created by the San Juan Basin Royalty Trust Indenture, between Southland Royalty Company (Southland Royalty) and The Fort Worth National Bank. The Trustee of the Trust is Compass Bank. The function of the Trustee is to collect the net proceeds attributable to the Royalty (Royalty Income), to pay all expenses and charges of the Trust and distribute the remaining available income to the Unit Holders. The Royalty conveyed to the Trust was carved out of Southland Royalty’s working interests and royalty interests in certain properties situated in the San Juan Basin in northwestern New Mexico.
SJT Stock Market Chart for 10-8-2010
ALGT: Allegiant Travel Company is a leisure travel company focused on residents of small cities in the United States. The Company operates a low-cost passenger airline marketed to leisure travelers in small cities, allowing it to sell air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services. The Company provides limited service to other leisure destinations of Punta Gorda, Florida, San Diego, California, Palm Springs, California and the San Francisco Bay Area, California, along with seasonal service to Myrtle Beach, South Carolina. As of February 15, 2010, it provided nonstop low fare scheduled air service from 57 small cities (including seasonal service) primarily to the leisure destinations of Las Vegas, Nevada, Orlando, Florida, Phoenix, Arizona, Tampa/St. Petersburg, Florida, Los Angeles, California and Ft. Lauderdale, Florida.
ALGT Stock Market Chart for 10-8-2010
TDG: TransDigm Group Incorporated (TD Group) is a global designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft. The Company operates through its wholly owned subsidiary, TransDigm Inc. (TransDigm). During the fiscal year ended September 30, 2009, 95% of the Company’s net sales were generated by products, for which it owns the design. Its customers include distributors of aerospace components; worldwide commercial airlines, including national and regional airlines; large commercial transport and regional and business aircraft original equipment manufacturers (OEMs); various armed forces of the United States and foreign governments; defense OEMs; system suppliers, and various other industrial customers. On July 24, 2009, TransDigm Acme Aerospace Inc. On August 10, 2009, AeroControlex Group Inc., a subsidiary of TransDigm acquired certain product line assets of Woodward HRT, Inc., a subsidiary of Woodward Governor Company.
TDG Stock Market Chart for 10-8-2010
KOF: A latin america play. Coca-Cola FEMSA, S.A.B. de C.V. (Coca-Cola FEMSA) is a bottler of Coca-Cola trademark beverages in Latin America. It produces, markets and distributes Coca-Cola trademark beverages and brands licensed from FEMSA. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, teas and isotonics). The Company operates in territories in the countries, including Mexico, a portion of central Mexico (including Mexico City and the states of Michoacan and Guanajuato) and southeast Mexico (including the Gulf region); Central America, Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide) and Panama (nationwide); Colombia; Venezuela; Brazil, the area of greater Sao Paulo, Campinas, Santos, the state of Mato Grosso do Sul, part of the state of Minas Gerais and part of the state of Goias, and Argentina, Buenos Aires and surrounding areas.
KOF Stock Market Chart for 10-8-2010
Popularity: 26% [?]
Related Posts:
Interesting Stocks for 10/8/2010 – A Hint of a Correction
We see some churning in some stocks that we are studying. For example, AmBev (ABV) seems to be stuck around 130 and cannot seem to penetrate it (disclosure: we own ABV in our paper and real money accounts +20% gain). Other stocks are stalling or correcting. We are still long the market and we will be until there are obvious signs of major consolidation in the stock market indexes. We are advocates of mild corrections that shake out the weak hands. That is healthy stock market activity. Do not get scared or complacent. Trust your instincts and believe in your systems. Turn out the noise, specially of those that state that the stock market will go down to 5,000. Remember, with the advent of short etfs, we can now safely hedge our portfolios and play the downside of the market.
AFL: Aflac Incorporated (Aflac) is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries. Its principal business is supplemental health and life insurance, through its subsidiary, American Family Life Assurance Company of Columbus (Aflac), which operates in the United States (Aflac U.S.) and as a branch in Japan (Aflac Japan).
AFL Stock Market Chart for 10-8-2010
EWM: iShares MSCI Malaysia Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund invests in the sectors, such as financial, communications, industrial, utilities, energy, basic materials, consumer non-cyclical and consumer cyclical.
EWM Stock Market Chart for 10-8-2010
MS: Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company operates as a global financial services company that provides its products and services to a diversified group of clients and customers, including corporations, governments, financial institutions and individuals. It operates through three business segments: Institutional Securities, Global Wealth Management Group and Asset Management. In May 2010, Invesco Ltd. acquired the Company’s retail asset management business. During the year ended December 31, 2009, it disposed its former real estate subsidiary, Crescent Real Estate Equities Limited Partnership.
MS Stock Market Chart for 10-8-2010
SJT: San Juan Basin Royalty Trust (the Trust) is an express trust created by the San Juan Basin Royalty Trust Indenture, between Southland Royalty Company (Southland Royalty) and The Fort Worth National Bank. The Trustee of the Trust is Compass Bank. The function of the Trustee is to collect the net proceeds attributable to the Royalty (Royalty Income), to pay all expenses and charges of the Trust and distribute the remaining available income to the Unit Holders. The Royalty conveyed to the Trust was carved out of Southland Royalty’s working interests and royalty interests in certain properties situated in the San Juan Basin in northwestern New Mexico.
SJT Stock Market Chart for 10-8-2010
ALGT: Allegiant Travel Company is a leisure travel company focused on residents of small cities in the United States. The Company operates a low-cost passenger airline marketed to leisure travelers in small cities, allowing it to sell air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services. The Company provides limited service to other leisure destinations of Punta Gorda, Florida, San Diego, California, Palm Springs, California and the San Francisco Bay Area, California, along with seasonal service to Myrtle Beach, South Carolina. As of February 15, 2010, it provided nonstop low fare scheduled air service from 57 small cities (including seasonal service) primarily to the leisure destinations of Las Vegas, Nevada, Orlando, Florida, Phoenix, Arizona, Tampa/St. Petersburg, Florida, Los Angeles, California and Ft. Lauderdale, Florida.
ALGT Stock Market Chart for 10-8-2010
TDG: TransDigm Group Incorporated (TD Group) is a global designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft. The Company operates through its wholly owned subsidiary, TransDigm Inc. (TransDigm). During the fiscal year ended September 30, 2009, 95% of the Company’s net sales were generated by products, for which it owns the design. Its customers include distributors of aerospace components; worldwide commercial airlines, including national and regional airlines; large commercial transport and regional and business aircraft original equipment manufacturers (OEMs); various armed forces of the United States and foreign governments; defense OEMs; system suppliers, and various other industrial customers. On July 24, 2009, TransDigm Acme Aerospace Inc. On August 10, 2009, AeroControlex Group Inc., a subsidiary of TransDigm acquired certain product line assets of Woodward HRT, Inc., a subsidiary of Woodward Governor Company.
TDG Stock Market Chart for 10-8-2010
KOF: A latin america play. Coca-Cola FEMSA, S.A.B. de C.V. (Coca-Cola FEMSA) is a bottler of Coca-Cola trademark beverages in Latin America. It produces, markets and distributes Coca-Cola trademark beverages and brands licensed from FEMSA. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, teas and isotonics). The Company operates in territories in the countries, including Mexico, a portion of central Mexico (including Mexico City and the states of Michoacan and Guanajuato) and southeast Mexico (including the Gulf region); Central America, Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide) and Panama (nationwide); Colombia; Venezuela; Brazil, the area of greater Sao Paulo, Campinas, Santos, the state of Mato Grosso do Sul, part of the state of Minas Gerais and part of the state of Goias, and Argentina, Buenos Aires and surrounding areas.
KOF Stock Market Chart for 10-8-2010
Popularity: 26% [?]
Related Posts:
About the Author