The past few weeks I noticed that analyst initiated recommendations were outperforming the upgraded ones in terms of profit/loss performance. As of 9/15/2009 and for the past 60 days, see screenshot below how the upgraded and initiated recommendations performed. [more]
Upgrades: CCE FMBI KFT LDR NYX PSO KBH WU [more]
Like most indicators, they are build around a long-term and a short-term outlook or signals. So I thought that I can do the same for my analyst recommendation page. By looking at their long-term performance(like 60 days) and their recommendations for the past 3 or 5 or 7 days(short-term), I can have better picture whether to trust this analyst or not. Lately I've been thinking of an easy way to find those top performing analyst, so I decided to add one item in the dropdown which is called "Top Rated Analyst". [more]
On June 26,2009 (four days ago), BBC news reported "US consumer confidence up in June"
The US economy is showing signs of improvement
US consumer confidence rose in June to its highest level since February 2008, a survey has shown, suggesting the worst of the recession may be over. [more]
As of yesterdayt(6/24/2009), the bull-vs-bear chart indicates an upcoming bull rally. The bears are retreating and bulls are getting some momentum. It shows a similar pattern that you see last 5/15/2009 and 4/20/2009.