Weekly Market Update               PLUS  Stock and ETF Rankings Thursday January 12, 2012http://www.nobsinvestor.com/blog
• This is David Cohne, Head Strategist for  No BS Investor, with your weekly market  update and ETF & Stock Rankings.
Through January 12th, the S&P 500  is up 3.0% for the year, the Dow  Jones Industrial Average is up 2.1%,  the Nasdaq is u...
Most of the major indices ended the day positive. This was mostly due to solid Italian & Spanish bond auctions in Europe a...
In addition the European Central Bank announced that it will not change the benchmark interest rate. Some commodity prices...
In other economic news, weekly initial  jobless claims grew to 399K and retail  sales climbed just 0.1% last month. In  be...
In corporate news, Chevron Corp   reported that its fourth quarter profit   would be much lower than the previous   quarte...
Weekly ETF Rankings1.   (VIXY) ProShares Trust VIX Short Term2.   (AMLP) Alerian MLP3.   (USO) United States Oil4.   (DBO)...
Weekly Stock Rankings1.   (AKRK) Asia Cork Inc2.   (NEI) Network Engines Inc3.   (ALN) American Lorain Corp4.   (HFC) Holl...
• Please note these are rankings and not  suggested portfolio holdings. For more  information on model portfolios, please ...
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No BS Investor How To Trade Update 120112

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No BS Investor How to Trade weekly market update and stock and etf rankings.

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No BS Investor How To Trade Update 120112

  1. 1. Weekly Market Update PLUS Stock and ETF Rankings Thursday January 12, 2012http://www.nobsinvestor.com/blog
  2. 2. • This is David Cohne, Head Strategist for No BS Investor, with your weekly market update and ETF & Stock Rankings.
  3. 3. Through January 12th, the S&P 500 is up 3.0% for the year, the Dow Jones Industrial Average is up 2.1%, the Nasdaq is up 4.6% and the EAFE index, which tracks the international markets is up 0.7% for the year. Our No BS ETF Trader model is up 2.3%.http://www.nobsinvestor.com/blog
  4. 4. Most of the major indices ended the day positive. This was mostly due to solid Italian & Spanish bond auctions in Europe and falling oil prices. Oil prices fell below $100 a barrel. The top industries of the day were industrials and materials.http://www.nobsinvestor.com/blog
  5. 5. In addition the European Central Bank announced that it will not change the benchmark interest rate. Some commodity prices were very volatile today after the USDA reported a larger than expected supply of grains. This hurt corn and wheat prices.http://www.nobsinvestor.com/blog
  6. 6. In other economic news, weekly initial jobless claims grew to 399K and retail sales climbed just 0.1% last month. In better news, 30 Year fixed rate mortgages fell to a record low of 3.89 percent. This was a result of the 10 year Treasury note falling below 2%. In addition, consumer confidence reached its highest level since summer. The Bloomberg Consumer Comfort Index reported a figure of minus 44.7.http://www.nobsinvestor.com/blog
  7. 7. In corporate news, Chevron Corp reported that its fourth quarter profit would be much lower than the previous quarter. Chevron ended the day down 2.6%. Wynn Resorts Ltd dropped 1.9% after its Vice Chairman sued the company. Multi-Fineline Electronix Inc, a creator of circuit boards reported better than expected preliminary quarterly sales. The stock finished the day up 18%.http://www.nobsinvestor.com/blog
  8. 8. Weekly ETF Rankings1. (VIXY) ProShares Trust VIX Short Term2. (AMLP) Alerian MLP3. (USO) United States Oil4. (DBO) PowerShares DB Oil5. (KXI) iShares S&P Global Consumer Staples http://www.nobsinvestor.com/blog
  9. 9. Weekly Stock Rankings1. (AKRK) Asia Cork Inc2. (NEI) Network Engines Inc3. (ALN) American Lorain Corp4. (HFC) HollyFrontier Corp.5. (CBEH) China Integrated Energy Inc http://www.nobsinvestor.com/blog
  10. 10. • Please note these are rankings and not suggested portfolio holdings. For more information on model portfolios, please visit http://www.nobsinvestor.com.• Also visit our blog where you can view one of our current models http://nobsinvestor.com/blog/january- 12th-weekly-market-update-rankings/http://www.nobsinvestor.com/blog

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