Ticker Sense

Another Clip of Laszlo Birinyi from our Wall Street Week Archive

August 27th Blogger Sentiment Poll

Blogger Sentiment Poll Participants:

24/7 Wall St (N) The Aleph Blog (+) Biiwii (N) BullBear Trading (-) Carl Futia (+) Dash of Insight (+) Dividend Growth Investor (N) Elliot Wave Lives On (+) Expected Returns  Fallond Stock Picks (-) Global Economic Intersection (-) GEI – Investing Blog (-) Humble Student of the Markets (N) In the Money  Learning Curve (-) MaoXian  Night Owl Trader (+) The Mess That Greenspan Made  Peridot Capitalist (-) Prometheus Market Insight  PUG Stock Market Analysis (N) Quant Investor  Shanky’s Tech Blog (-) Short Takes  Smart Money Tracker (+) StockAdvisors.com  ValuePlays  VIX and More (N) Wall St. Cheat Sheet  Wall Street Folly  Wishing Wealth (+) Zentrader (+)

August 20th Blogger Sentiment Poll

Blogger Sentiment Poll Participants:

24/7 Wall St (-) The Aleph Blog (+) Biiwii (N) BullBear Trading (-) Carl Futia  Dash of Insight (+) Dividend Growth Investor (+) Elliot Wave Lives On  Expected Returns  Fallond Stock Picks (+) Global Economic Intersection (N) GEI – Investing Blog (-) Humble Student of the Markets (N) In the Money  Learning Curve (-) MaoXian  Night Owl Trader (+) The Mess That Greenspan Made  Peridot Capitalist (-) Prometheus Market Insight  PUG Stock Market Analysis (+) Quant Investor (-) Shanky’s Tech Blog (-) Short Takes  Smart Money Tracker (+) StockAdvisors.com  ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wall Street Folly  Wishing Wealth (+) Zentrader (+)

Dogs of the Dow

Yesterday's Wall Street Journal had an article on Dogs of the Dow¹, an approach which is having a good year.  We wondered if this was just an accident or a random occurrence.  So, we created an opposite strategy, the Anti-Dogs (Cats?) of the Dow, which was made up of the ten Dow stocks with the lowest yield in any given year. 

The result was impressive, for the Dogs have outperformed the market the past two years and appear equally strong in 2012 while our Cats have underperformed.  Particularly surprising was the disparity that we found between the Dow and Dogs in some years (2010/2011), so perhaps we should at least consider this approach more carefully.

¹ “History Says These Dogs Are Usually Barking Up the Right Tree”. Wall Street Journal. 8/14/12.

Barron's and its History with Sears

Barron's had some positive comments this weekend regarding Sears.  The stock rose 5.7% yesterday.  We would note that this is not the first story the paper has written about the company this year:

"Retail Wreck: Why Sears' Stock Could Plunge 80%" - Barron's - January 2, 2012.

(Note the article title on the cover, the link to the actual article is here.)

What Keeps You Up at Night?

In an attempt to get a better understanding as to the major concerns of investors Birinyi Associates has put together a short survey (very short - one question).

We would appreciate if you could forward the survey to your clients, friends and colleagues.  The broader the sample the better.  We will share the results in a few weeks.

http://stockmarketconcerns.speedsurvey.com

August 13th Blogger Sentiment Poll

Blogger Sentiment Poll Participants:                   

24/7 Wall St (N) The Aleph Blog (+) Biiwii (N) BullBear Trading  Carl Futia (+) Dash of Insight (+) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns  Fallond Stock Picks (-) Global Economic Intersection (N) GEI – Investing Blog (-) Humble Student of the Markets (N) In the Money  Learning Curve (-) MaoXian  Night Owl Trader (+) The Mess That Greenspan Made  Peridot Capitalist (-) Prometheus Market Insight  PUG Stock Market Analysis (+) Quant Investor (N) Shanky’s Tech Blog (N) Short Takes  Smart Money Tracker (N) StockAdvisors.com  ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wall Street Folly  Wishing Wealth (+) Zentrader (+)

Energy, Financials, Industrials, Materials and Tech Recover

The five “losing” sectors of this summer’s market pull-back have recovered this week.  Energy, financials, industrials, materials and technology were the only sectors to enter into 10% declines.  They have all since recovered and entered 10% rallies. 

Analyzing our 10% filter: the rallies in staples and telecom (which did not enter a decline this summer) are extended when compared to their average rally.   The other eight sectors are in rallies, but are not extended when compared to history.

ETFs Accounted for 23% of all US Stock Volume in July

In July most active funds in terms of volume were: SPY, XLF, IWM, EEM and VXX and ETFs accounted for 23% of total volume in the US.

Read Laszlo Birinyi's Interview with USA Today

Where Are Stocks Headed? 6 Potential Game-Changers - USA Today (6/7/12)