The Guggenheim Insider Sentiment ETF (NFO) has been around long enough to demonstrate its chops.¬†During one of the worst downturns in U.S. history (10/07-3/09), both NFO and the S&P 500 SPDR Trust (SPY) reached a similar bottom at a similar pace. Buying-n-holding either one of these exchange-traded trackers was a recipe for ridicule.
During the bull [...] [...more]
The emerging world’s success depends largely on two factors: (1) the ability to export inexpensive goods to the developed world and (2) commodity-driven infrastructure growth of¬†the indutrializing¬†economies. Both of these factors seem to be picking up momentum.
On¬†the first front,¬†emergers will still be exporting to the European Union if the region¬†avoids a wholescale slip into recession. [...] [...more]
Hedge funds aren’t done buying or selling. And they aren’t particularly interested in making¬†huge bets¬†in this environment… on the long or the short side.
So what are hedge funds¬†looking to do if they aren’t trying to make money? Right now, they are far more interested in keeping their powder puffs dry. And that means… they’re still [...] [...more]
Fundamental analysts have been banging the drum on cheap equities throughout the year. Many peg the Forward P/E for the S&P 500 at 14.
Technical analysts, on the other hand, had started to suggest that a downtrend for stocks was imminent.¬†China (PGJ), Europe (IEV) and Vanguard Total World (VT)¬†had all slipped below¬†respective¬†200-Day trendlines. The S&P 500 [...] [...more]