Gary Dvorchak is a managing member of Channel Island Partners LLC, a Los Angeles-based hedge fund that manages large cap growth and growth-and-income funds. Dvorchak holds a master's degree in business administration from Northwestern University and a bachelor's degree in computer science from the University of Iowa.

Euro is in danger if Greece defaults
The euro is destroying the social fabric in the region.
Pilgrim's Pride is one to be aware of in particular.

State of the Union and Stocks Real Money Pro($)

How initiatives may affect stocks or sectors.
It is Friday afternoon, and we are all starting to unwind after one of the wildest market weeks in some time. Thank you, Swiss National Bank. Let's close out today's Diary with a little bit of fun, before we all head out for the long weekend.

Closed-End Funds Primer Real Money Pro($)

We discussed my dividend rotation strategy, and some upcoming dividend capture trades earlier today, but I also want to point out some other good income vehicles that our readers can utilize. One somewhat obscure yet attractive asset class is closed-end funds (CEFs). Closed-end funds are similar to their open-end brethren, except they trade on an exchange. To buy or redeem, you trade the shares of the fund. Because of this, a fund's capital is essentially permanent. There are CEFs that have traded for literally decades. Although income is not a requirement, almost all investors buy closed-end funds because they pay a distribution, and often a very attractive yield.

Dissecting the Earnings Real Money Pro($)

I ran my numbers on all of the S&P 500 constituents.

Ask a CFA Real Money Pro($)

Let's check out the survey results.
 Absent stabilization or a turn in the estimates trend, I believe the market will struggle at best.

Hearing Shots Real Money Pro($)

Related to my opening post, here are some positioning ideas with which I am comfortable.

Columnist Conversations

There is a small bullish MacD divergence on the daily Energy Select Sector SPDR (XLE) chart and with what look...
Remember IF that last low in LNKD is good, we should hold on a pullback to it....Note we are holding that supp...
Auditor of REITs in American Realty Capital Resigned The Grant Thornton accounting firm resigned as the audito...
Market slightly down as oil continues to fail to find a floor and now under $44 a share. Should be interestin...


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