Crossing Wall Street Etf
That way i have to make sure these are the most reliable stocks i can find.
Crossing wall street etf. Elfenbein recommends 20 stocks. Cws s principal investment strategy has been employed by the portfolio manager eddy elfenbein since 2006 and is published annually as the crossing wall street buy list the buy list is a list of 25 stocks selected at the start of each year. Each year i publish my buy list which is a list of 25 stocks. For corporate america fiscal and monetary stimulus is that glass of water.
Thanks to friday morning s market push the crossing wall street buy list has crept back into the black for the year. The buy list is then locked and sealed and no changes can be made throughout the year. Stimulus colors wall street s lens different. The most recent jobless claims report came in at 881 000.
The list is locked and sealed at the beginning of the year and i can t make any changes for the next 12 months. I ve provided each stock s name ticker current price year to date return and a brief description. 2020 crossing wall street buy list. After that the buy list is set for the next 12 months.
Elbenfein only launched cws in september based on his crossing wall street blog s buy list strategy of holding 25 stocks for a year with five switched out at the end of the year. That was well short of wall street s guess of 1 1 million. Through thursday s close we were down 0 79 for the year compared with 2. I should add that the adp is not a good predictor of what the government s report will say.
In late december i ll unveil next year. This is an ideal active etf for investors. Eddy elfenbein decided last year to launch a fund based on the stock picks from his more than decade old crossing wall street blog written from washington d c. Currently wall street seems to be crossing its fingers that this crisis is just a bad case of the hiccups.
Hiccups come go and it s back to normal. This new etf is crossing wall strret daniel p. Numerous financial newsletters and work as a financial consultant before striking out on his own in 2005 with his crossing wall street. But it helps if someone offers a glass of water to kick them.
That s much better than wall street s estimate of 950 000. At crossing wall street i give investors my free and unbiased view of the market.