Ticker Sense

October 29th 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 (-) 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 (N) Prometheus Market Insight  PUG Stock Market Analysis (+) Quant Investor (+) Shanky’s Tech Blog (-) Short Takes  Smart Money Tracker (+) StockAdvisors.com  Traders-Talk  ValuePlays  VIX and More (+) Wall St. Cheat Sheet  Wishing Wealth  Zentrader (-)

October 22nd Blogger Sentiment Poll

Blogger Sentiment Poll Participants:                

24/7 Wall St (-) The Aleph Blog (+) Biiwii (N) BullBear Trading (-) Carl Futia (+) Dash of Insight (N) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns (-) Fallond Stock Picks (-) Global Economic Intersection (N) GEI – Investing Blog (-) Humble Student of the Markets (+) 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 (-) Short Takes  Smart Money Tracker (-) StockAdvisors.com  Traders-Talk (+) ValuePlays  VIX and More (+) Wall St. Cheat Sheet  Wishing Wealth  Zentrader (-)

Google Ooops...

October 15th Blogger Sentiment Poll

Blogger Sentiment Poll Participants:  

24/7 Wall St  The Aleph Blog (N) Biiwii (+) BullBear Trading (-) Carl Futia (+) Dash of Insight (N) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns  Fallond Stock Picks (-) Global Economic Intersection (-) GEI – Investing Blog (-) Humble Student of the Markets (+) 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 (-) Short Takes (-) Smart Money Tracker (N) StockAdvisors.com  Traders-Talk  ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wishing Wealth  Zentrader (N)

$89B in Share Repurchase Authorizations in 3Q

$89 bln in authorizations were recorded during the third quarter, the lowest level since the third quarter of 2010.

The financial sector had the largest number of programs authorized (166) and the largest amount in dollar terms ($67 bln).

Summary of Southern Europe....

This was mentioned in one of the morning reports that came across our desk this morning:

A view from the UK's perspective from the [fake] Queen's twitter account.

S&P 500 Sector Money Flows

Money flows strongest in tech, materials, financials and discretionary.  Negative money flow in the staples sector.

From the WSJ Over the Weekend

October 8th Blogger Sentiment Poll

Blogger Sentiment Poll Participants:         

24/7 Wall St (-) The Aleph Blog (+) Biiwii (+) BullBear Trading (-) Carl Futia (+) Dash of Insight (N) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns (-) Fallond Stock Picks (-) Global Economic Intersection (N) GEI – Investing Blog (-) Humble Student of the Markets (+) 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  Traders-Talk  ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wishing Wealth (+) Zentrader (+)

What Worked in 3Q? Low P/B Ratio...

The matrix at below uses nine criteria to evaluate various investment strategies (note that each criterion is independent of the other).  For example, stocks are sorted on market value, divided into ten groups of fifty, and then the performance of each group is calculated.  After that is completed the entire S&P is resorted by 2011 performance, then estimated P/E and so on down the line. 

The best performing strategy was to buy the fifty stocks with the lowest P/B ratio.  Those fifty names gained 10.85%, on average, in the third quarter.

We would also note that in the third quarter the fifty smallest stocks nearly doubled the return of the largest fifty stocks.