What a Week!
This was a week I wish didn't end but TGIF! We saw strong results this week from strength in RIMM, AAPL, RL, STRA, DHR, PCU, PCLN, DECK & SBS. to name a few. We also added some new names to the portfolios we manage. No surprise here - leading stocks in the interenatioinal Telco sector were some notable additions.
RIMM and AAPL have dominated the headlines and our performance for good reason. Their products are amazing and are beginning to become mainstream. At hand is the transformation of email on a handheld device for the corporate user to the everday consumer. This sparks demand for Blackberries and Iphones. It also creates demand for servcies from telephone providers to supply wirelss email feeds and internet access. This boom is big and starting to take off.
Other stocks were just plain strong from continued demand for their products and services. PCU (metals) is riding a wave that has given us a double in less than a year. RL (fashion) is dominant in the stores and on the exchange. JLL (real estate services) benefits from continued strength in commercial real estate. The list does not end there.
Of course markets change on a dime and we are fully prepared for a reversal. But for now, we can enjoy the moment and pick it up again on Monday!
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this newsletter (article), will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter (article) serves as the receipt of, or as a substitute for, personalized investment advice from Geller Capital Management, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. A copy of our current written disclosure statement discussing our advisory services and fees is available for review upon request.
RIMM and AAPL have dominated the headlines and our performance for good reason. Their products are amazing and are beginning to become mainstream. At hand is the transformation of email on a handheld device for the corporate user to the everday consumer. This sparks demand for Blackberries and Iphones. It also creates demand for servcies from telephone providers to supply wirelss email feeds and internet access. This boom is big and starting to take off.
Other stocks were just plain strong from continued demand for their products and services. PCU (metals) is riding a wave that has given us a double in less than a year. RL (fashion) is dominant in the stores and on the exchange. JLL (real estate services) benefits from continued strength in commercial real estate. The list does not end there.
Of course markets change on a dime and we are fully prepared for a reversal. But for now, we can enjoy the moment and pick it up again on Monday!
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this newsletter (article), will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter (article) serves as the receipt of, or as a substitute for, personalized investment advice from Geller Capital Management, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. A copy of our current written disclosure statement discussing our advisory services and fees is available for review upon request.
posted by David Geller at 4:20 PM
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