Asif

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    • Sun Jul 16th 03:09 AM | Rating: 0 0
      Commented on:
      The Dog Days of Summer: The New DOG ETF Allows You to Short the Entire DJIA (DOG)
      Thanks for mentioning those Daniel. Here is the press release from the ProShares website that lists all 12 ETFs including the short ETFs, the maginified short ETFs (UltraShort) and the magnified long ETFs (Ultra).

      www.proshares.com/home...
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    • Sat Jul 15th 18:29 PM | Rating: 0 0
      Commented on:
      Sector Week-in-Review: Homebuilders Hit Hardest in Dismal Week
      The SPDR Homebuilders (XHB) includes Sherwin Williams and Home Depot amongst its top holdings. If you are interested in a list of just homebuilders, check out my previous post on Seeking Alpha about <i>homebuilders in pain</i>.

      seekingalpha.com/artic...
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    • Wed Jul 12th 19:51 PM | Rating: 0 0
      Commented on:
      Jim Cramer on ETF Proliferation
      With over 8,000 mutual funds in the US (over 55,000 worldwide) and barely over 200 ETFs, I do not see why everyone feels that there are too many ETFs.

      If I want to invest 2% of my portfolio in microcap stocks, an ETF like PZI, IWC or FDM may prove a better alternative to investing in a couple of microcap stocks. The more choices we have the better it is, unless you are the guy from that Carl's Junior ad who scans a whole aisle of bread with a perplexed look on his face before heading to the nearest Carl's Junior to get a simple burger.
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    • Tue Jul 11th 01:55 AM | Rating: 0 0
      Commented on:
      eBay's Stock Drop: Is it G-Checkout or Hype Over Skype? (EBAY, GOOG)
      While I absolutely love using Skype for off-site meetings, I have to agree with you that EBay overpaid for Skype.

      We seem to be going back to the days of "eyeballs" and "registered users" while overlooking actual revenue and profitability.
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    • Mon Jul 3rd 16:36 PM | Rating: 0 0
      Commented on:
      Ned Davis on the Housing Market and Housing Stocks
      David, to add to this discussion here is a small segment from my July newsletter about the housing market,

      <i>"June proved to be a very interesting month for the housing sector. A number released one day would foretell a dire future for housing such as the homebuilder confidence index that fell to a 11 year low of 42 in June while the very next day the May new home sales number would herald that the softness in housing is not as bad as previously expected. Yet again, a 6.7% drop in mortgage loans in the third week of June (a 31% drop when compared to year-ago numbers) painted a picture of doom and gloom.

      What does all this data imply? Is it time to stop being bearish (negative) about the home builders who have lost close to half of their value and are even sporting very attractive valuations - Toll Brothers (TOL), Hovanian (HOV), DR Horton (DHI), KB Home (KBH) and Meritage Homes (MTH) each have low single digit P/Es - and identify the ones to buy in 2007?

      While I am no longer as bearish on the housing sector as I was in September 2005, I realize that housing cycles are very long and there is a lot of excess inventory that has to be worked off (6 and half months as of May 2006) before the home builders will see any sustained growth. Sure, the entire sector could experience a dead cat bounce after prices have been depressed well beyond rational levels, but I don't think the carnage is over yet and plan to stay away from the sector through the rest of 2006 and quite possibly 2007."</i>
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    • Tue Jun 27th 14:07 PM | Rating: 0 0
      Commented on:
      Making Sense of the Indian Market: Classic Bear Market Rally or Bottom Firmly in Place? (IFN, IIF)
      Paul and Mohan, I was referring to the dead cat bounce as a bear market rally. I agree with your view Enzio and hence a large part of the SINLetter portfolio is currently in international stocks or companies that have good international exposure.

      The index has managed to stay above 10,000 over the last few trading sessions. The news today about Reliance investing $6 billion in the retail sector and in the process creating <b>1 million new jobs</b> is also very positive. At this point I am still bullish on select Indian companies like Tata Motors and Infosys.
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    • Sun Jun 25th 21:13 PM | Rating: 0 0
      Commented on:
      One Page Barron's Summary
      Probably the following statement by the CEO Antonio Perez during the Kodak conference call when asked whether Kodak was on track for back to school <i>"I never said we’re going to be back to school. We’re still on track with our project. We are — I have no news really to report, and you know why I don’t want to report news until the closest possible time, the latest possible time. So but we keep investing in that business. We are accelerating things and I feel that we are in good shape, but there is nothing else to report."</i>...

      It is interesting to see the generic drug maker Teva (TEVA) back where it was a year ago. The run-up that started last year was in anticipation on looming patent expirations at big pharma companies like Pfizer (PFE) and Merck. I feel that the Zocor pricing move by Merck is likely to be negative for the generic drug companies like Teva, Ranbaxy, Mylan and Dr. Reddy's but would barely affect Pfizer. Pfizer raised its dividend about six months ago and I doubt they would do it again anytime soon.
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    • Mon Jun 19th 13:34 PM | Rating: 0 0
      Commented on:
      We're Still Not Buying Plantronics Despite its Seemingly Low Valuation (PLT)
      Like Faisal, I like Logitech. Logitech enjoys strong brand awareness amongst consumers and saw a <b>61% growth in sales in its PC headsets</b> business thanks to VOIP.

      The board approved a 2 for 1 stock split and to see how this could benefit Logitech, check out my post about Logitech on Seeking Alpha.
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    • Mon Jun 19th 04:07 AM | Rating: 0 0
      Commented on:
      Powershares India Tiger ETF On the Way - But It's Nothing New
      I wonder what prompted them to give half the weighting to just Infosys and Wipro. Unless I am mistaken, out of the 18 only 12 are true ADRs while the rest are companies based in the US (Kanbay, Lionbridge, Covansys, iGATE, Syntel and Cognizant) who have significant offshore operations in India.

      While I have nothing against IT consulting firms and have featured some of them in my newsletters (RCM Technologies, Wipro and Infosys), this index is very heavily weighted towards IT consulting firms.
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