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]
According to Paul La Monica at CNN Money, the level of insider selling is near the highest that it has been in a decade. Specifically, close to 1800 S&P 500 executives cashed in shares over the most recent 3-month period.
Does this mean that the “smart money” is leaving equities? Or do perma-bears love to point [...] [...more]
Roughly two-thirds of all Americans express a pessimistic outlook on the¬†economy as well as its future. Perhaps ironically, CNBC recently reported that¬†wealthier citizens are even more downbeat than the nation at large.
One might hope that the bleak view is “transitory.” However, the middle class, upper-middle class and wealthiest among us are seriously skeptical about their¬†prospects.¬†
Need [...] [...more]