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| Sterling Weekly for the Week of April 26th, 2010 |
| Commodity Based Sector Indices and Their Respective ETFs. |
Since the previous edition of the Sterling Weekly, the Dow Jones Industrial Average gained 185.42 points or approximately 1.7%, to finish at 11,204.28 In last week's edition of the Sterling Weekly I took a look at the non-commodity related sector indices I track and the corresponding Exchange Traded Fund ("ETF") for each index. This week I have taken a look at the commodity based sector indices I track, their corresponding ETF, and the ETF that best tracks the basic commodity of these sector indices. I will admit I was somewhat disappointed that I could not find any ETFs that accurate track the MS Commodities Index 'CRX' or the S&P Chemicals Index 'CEX.'
Below, please find the commodity based sector indices and their respective ETfs.
Some additional information on the Oil & Gas ETFs and ETNs can be found on the Seeking Alpha web site in a November 19th, 2009 article titled "A Guide to Oil & Gas ETFs and ETNs."
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| Sterling
Calendars for the Week of April 26th, 2010. |
| Date: |
Comments: |
| 04/26 |
Caterpillar 'CAT' announces earnings before the open. Est. $0.39 |
| 04/26 |
Hertz Global 'HTZ' announces earnings before the open. Est. ($0.13) |
| 04/26 |
Humana 'HUM' announces earnings before the open. Est. $1.14 |
| 04/26 |
Boston Scientific 'BSX' announces earnings after the open. Est. $0.08 |
| 04/26 |
RadioShack 'RSH' announces earnings after the close. Est. $0.36 |
| 04/26 |
Texas Instruments 'TXN' announces earnings after the close. Est. $0.51 |
| 04/26 |
Universal Health 'UHS' announces earnings after the close. Est. $0.69 |
| 04/26 |
WMS Industries 'WMS' announces earnings after the close. Est. $0.50 |
| 04/27 |
3M 'MMM' announces earnings before the open. Est. $1.21 |
| 04/27 |
DuPont 'DD' announces earnings before the open. Est. $1.06 |
| 04/27 |
Newmont Mining 'NEM' announce earnings before the open. Est. $0.76 |
| 04/27 |
US Steel 'X' announces earnings before the open. Est. ($1.43) |
| 04/28 |
General Dynamics 'GD' announces earnings before the open. Est. $1.51 |
| 04/28 |
Visa 'V' announces earnings after the close. Est. $0.91 |
| 04/29 |
Bristol Meyers 'BMY' announces earnings before the open. Est. $0.51 |
| 04/29 |
ConocoPhillips 'COP' announces earnings before the open. Est. $1.37 |
| 04/30 |
Avon Products 'AVP' announces earnings before the open. Est. $0.32 |
The
full earnings calendar for this
week can be found (here) |
Prime
Update:
The Prime Stock Newsletter is our daily newsletter that contains commentary on the overall market, and our single best trading idea for the day! (Both Long & Short Sale Recommendations) We select this stock through a combination of technical (charting) and fundamental (financial) analysis. The Prime Stock Newsletter provides select expanded quotation information, corporate description, select recent company news, our technical analysis of the shares and our expectations, and our options recommendation for the company.
Our most recent Performance Report is now available available (here). We are proud to report 20 of our last 20 recommendation resulted in profitable trades for an average profit of $0.59/share. This is an 100% success rate.
Archived copies of our Performance Reports can be found (here).
Highlights
from Recent (20) Editions of the Prime
Stock Newsletter |
| Recommendation |
Date |
Entry
Point |
Recent
Close or Exit Price |
Profit* |
Note |
| Abbott Labs 'ABT' Short |
Apr 22 |
$51.59 |
$50.27 |
$1.32 |
Covered on the 23rd |
| ConocoPhillips 'COP' |
Apr 9. |
$54.22 |
$56.78 |
$2.56 |
Sold on the 13th |
| Avon Prod. 'AVP' |
Mar 29 |
$33.35 |
$34.32 |
$0.97 |
Sold on the 29th |
* Our April 16th short sale recommendation of Merck & Co. 'MRK' @ 36.04/share, closed at $33.77/share on April 22nd for a 6 day gain of $2.27/share.
* Our April 15th recommendation of Atheros Comm. 'ATHR' @ $40.73/share, closed at $43.02/share on April 20th for a 5 day gain of $2.29/share.
* Our April 14th recommendation of Pioneer Resources 'PXD' @ $62.02/share, closed at $66.09/share on April 23rd for a 9 day gain of $4.07/share.
* Our April 6th short sale recommendation of Forest Labs 'FRX' @ $30.80/share, closed @ $27.99/share on April 8th for a 2 day gain of $2.81/share.
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| * The per share PROFIT is a theoretical calculation based upon the opening price the day the recommendation is published and the intra day high (or low for short sales) on the exit day. The exit day is determined based upon the application of our "Rules for Trading", the implementation of "stops" within our stated policy, and may not reflect the complete or full movement of the underlying recommendation. |
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Disclaimer:
The Sterling Investments series of newsletters is produced by Sterling
Investment Services, Inc. All information
used in the production has been obtained
from sources believed to be reliable and
accurate. Sterling Investment Services
does not warrant or assume any liability
for inaccuracy of the information used
to produce our publications. To receive
further information on these services
please visit our web page at: www.sterlinginvestments.com
If you would like to contact us our fax
# is (404)-816-8830 Email address is:
enelson@sterlinginvestments.com Sterling
Investment Services may hold positions
in the securities recommended or may be
providing consulting services to the companies
mentioned within this report. |
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