Looking for a Bottom – Part 2
The day after we posted Looking for a Bottom? Start with Sectors, the market tested a new 52-week low and sector performance was telling.
Insight
Looking for a Bottom? Start with Sectors
With the US equity market recently hitting a new 52-week low, investors are still waiting for the market to bottom out.
Change You Can Act On
One of your goals for November should be to sell any mutual funds held in a taxable account and reinvest the proceeds into ETFs.
Beware Closed End Funds
You may be looking over the jaw-dropping discounts and dividend yields for closed-end funds and be tempted to jump in with both feet.
According to the Wall Street Journal, who quotes Morgan Stanley Research, the weighted average discount for the 650 U.S.-listed closed-end funds has widened from 6.2% to 15.6%.
Time to Revisit TIPS
One of the side-effects of the recent market tumult is the drop-off in demand for government securities tied to inflation or TIPS.
Is Anything Going Up? Try Apartments
With almost all asset classes and sectors coming down in value, it is getting harder to find anything that is going up. One place to look is in a few subsets of REITs.
Rydex and ProShares News is a Non-Issue
The decision by ProShares and Rydex to stop creating new shares of their short financial ETFs shouldn’t affect most individual investors and can actually be viewed as a sign of maturity and confidence in the ETF Industry. Here’s why.
Flight to Safety
Continuing nervousness over banks drove stocks down and caused investors to flee to the relative safety of gold and US treasuries in trading on Wednesday, September 17.
Lehman, Merrill, AIG and BofA
The action over the weekend resulted in Lehman Brothers (LEH) going into bankruptcy and Merrill Lynch(MER) selling itself to Bank of America (BAC).
Webinar: Sector Investing
On Friday, September 12, special guest Vinny Catalano joined the editors of ETF MarketPro to take a look at sector investing with exchange traded funds.