We got all the salt out of the
data mine and are fully back to work, many thanks to our Allegheny County
spelunkers for keeping the ETFG ore flowing from our western mine. While
Hurricane Sandy upended the New York metropolitan area, Quant’s outlook is
little changed with the two China funds still sitting atop the rankings. The iShares Dow Jones
Transportation Average Index Fund (IYT) is tied at 10th place but
the SPDR Dow Jones Industrial Average Fund (DIA) has fallen to 145th
so we’ll see how this Dow Theory premise plays out. We were not surprised to see our local Home Depot
sold out of generators and D size batteries after the storm but were surprised
when the kind old man told us the next truck isn't coming until next week, so
those transport companies weren't delivering there. A look at the ETFG Grey Market functionality can
help to keep us out of any funds with large holdings in a company that neglects
to see such a ripe business opportunity, we were ready willing and able to be gouged
on Halloween. Later that night our kids
were cheering the kind line workers in the MasTec buckets trucks who enabled
them to see all their treats when we got home, yea bucket trucks! Unfortunately it’s so small that no ETF has
more than a 1% weighting in this opportunistic company. To check any company's exposure to the world of Exchange Traded Products, simply enter its ticker in the upper right search box and then sort the output by
the Equity Weight column. As markets await tomorrow’s US elections, Quant
continues to look for the best opportunities which we will deliver to you. We are now fully functional but as the rest
of the tri-state region struggles to recover, our thoughts and
prayers go out to all our neighbors who lost so much in
the storm.
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