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Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
July 24, 2006
(Top Pick Feb 8/06. Up 5.5%.) A “Pairs Trade”, shorting gold Stocks (XGD-T) and going long on Gold (GLD-N). Turned out to be an OK trade. Gold now looks good again and he is looking to buy this once more.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$71.340
No
PAST TOP PICK
PAST TOP PICK
July 24, 2006
(A Top Pick Feb 8/06. Up 11%.) A Pairs Trade, shorting gold Stocks (XGD-T) and going long on Gold (GLD-N) Turned out to be an OK trade.
(A Top Pick Feb 8/06. Up 11%.) A Pairs Trade, shorting gold Stocks (XGD-T) and going long on Gold (GLD-N) Turned out to be an OK trade.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$61.140
No
WEAK BUY
WEAK BUY
July 24, 2006
Under performed Merck (MRK-N) quite dramatically. Between these two would prefer to own Merck. Making a bit of a bottoming pattern which is constructive. Needs to take out some resistance and if they can break through the $26 level there could be some good upside.
Under performed Merck (MRK-N) quite dramatically. Between these two would prefer to own Merck. Making a bit of a bottoming pattern which is constructive. Needs to take out some resistance and if they can break through the $26 level there could be some good upside.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$24.790
No
DON'T BUY
DON'T BUY
July 24, 2006
The alternative energy sources theme is not going away anytime soon. Question is, how far in the future earnings are being discounted. The chart gives him a bit of concern. Would buy at the lower end of the trading range.
The alternative energy sources theme is not going away anytime soon. Question is, how far in the future earnings are being discounted. The chart gives him a bit of concern. Would buy at the lower end of the trading range.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$43.790
No
BUY
BUY
July 24, 2006
Positive on the outlook for energy. Did a couple of things that diversified away from their core area and has been a problem for their stock. At this point, the risk/reward is pretty good. Very strong resistance towards its highs.
Positive on the outlook for energy. Did a couple of things that diversified away from their core area and has been a problem for their stock. At this point, the risk/reward is pretty good. Very strong resistance towards its highs.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$27.090
No
SELL
SELL
July 24, 2006
A very cyclical type stock. Very strong support in the mid-$40. Thinks it will come back and test that support.
A very cyclical type stock. Very strong support in the mid-$40. Thinks it will come back and test that support.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$53.990
No
BUY
BUY
July 24, 2006
In one of the bottoming pictures now. The risk/reward is very strong. Looking out a couple of years, the value is starting to build.
In one of the bottoming pictures now. The risk/reward is very strong. Looking out a couple of years, the value is starting to build.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$52.240
No
© Stockchase Inc.
5
(Top Pick Feb 8/06. Up 5.5%.) A “Pairs Trade”, shorting gold Stocks (XGD-T) and going long on Gold (GLD-N). Turned out to be an OK trade. Gold now looks good again and he is looking to buy this once more.