The media remain hell-bent on describing U.S. economic acceleration, Dow 12000 and marginal labor market improvements. The analysts seem equally giddy, reiterating quotable notables like “Don’t fight the Fed!” or “Don’t fight the tape!” I agree that there are reasons to be hopeful. We’ve been privy to robust corporate earnings as well as strong corporate balance sheets, share buybacks and [...] Continue Reading...
Technology ETFs have outperformed the broader markets handily since the bull began in March, 2009. In fact, several holdings have more than doubled the output of the S&P 500 over the last 2 years. The question begging to be asked is… is it time to lock in profits? Or might it be more important to strive for steadier gains? For [...] Continue Reading...
The stampeding stock bull has hushed the naysayers. Pullbacks have been short-lived. And popular benchmarks like the S&P 500, the Dow as well as the NASDAQ have nearly gone vertical. Equally intriguing, some advisors appear to be abandoning their asset allocation. Consider the case of the $5.3 billion dollar SPDR S&P Dividend Fund (SDY). On Tuesday, February 1, anxious institutional [...] Continue Reading...
