March 7, 2013 (Chinavestor) The Dow is making headlines now that is trading at all time highs for the last couple of days. Housing numbers and jobs hurt the most back in 2008 but the index is on the run since 4 years. The Dow surged 116.39% since March 13, 2009 and we wanted to know which components of the index did best.
March 5, 2013 (Chinavestor) Titled "Preserve Capital in Down Markets" we expressed our view in the latest Newsletter that current 14,000 level for the Dow is excessive. We gave a lot of reason as to why, see first part of the Newsletter for details. Besides those reasons, here is another argument for the bears. We learned from today's reading:
February 28, 2013 (Chinavestor) While the last trading day of the month has just begun, one thing is certain by looking at the performance of all 30 Dow components: earnings rule! Proof? Take a look a the following chart.
Hewlett-Packard (NYSE:HPQ) advanced the most among 30 components of the Dow in February thanks to a robust quarterly report. The company reported stronger sales and EPS that beat estimates. Putting restructuring related charges to the side, HPQ had a pretty good quarter and outlook is just as good.
February 27, 2013 (Chinavestor) Hewlett-Packard Co. (NYSE:HPQ) made headlines with a 12.7% jump last Friday. That jump wasn't just a one time shot but rather a crescendo to a steady comeback. It was another testimony to a long held belief that fundamentals drive stock prices. The company beat analyst estimates on Friday and sidelining restructuring related charges, Hewlett-Packard delivered a very solid quarter.
February 25, 2013 (Chinavestor) Investors never know what strategy works best and when. But one thing is for sure: "dogs of the Dow" played off in 2013 so far. Hewlett-Packard (NYSE:HPQ) surged 34.7% YTD, by far the most among components of the Dow Jones Industrial Average (INDEXDJX:.DJI). The same stock, Hewlett-Packard (NYSE:HPQ), fell 45% in 2012, by far the worst component of the Dow.
