Federal Reserve Chairman Ben Bernanke simultaneously helped and hurt the market today as he discussed the Euro Zone financial crisis as well as economic strain and recovery in the United States. His comments helped the market this morning as he mentioning that Europe’s financial crisis would likely have little effect […]
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Closed-end funds often trade below their net asset value (NAV). This market inefficiency can offer a competitive advantage for both buy and hold investors and short sales because it allows the investor to buy the fund at a discount. Dan Plettner’s model, Long/Short Opportunistic, exploits these inefficiencies and holds or […]
The peaks and valleys were hard to count yesterday as the Dow Jones Industrial Average struggled with some bear-like descents and many optimistic inclines. Ultimately, the optimists won as the Dow closed at 9,939.98 up 123.49 points from Monday. Monday’s announcement by the British Prime Minister that the financial situation […]
The Dow Jones Industrial Average was conflicted today as it edged up and down with significant swings throughout the morning. News of Goldman Sachs’ (NYSE:GS) subpoena for financial records resulting from the company’s lack of compliance in responding to The Financial Crisis Inquiry Commission requests did little to help the […]
European and Asian markets were unable to retain their foothold on gains Friday and all but the Shanghai Composite closed down thanks to the growing concerns that surround the European economy and Hungary’s debt. But there was good news—the Euro was up and BP announced that it would be able […]
U.S. investor optimism reached across the pond yesterday and as a result, most European and Asian markets closed with moderate gains on Thursday. In even more good European news, the Euro continued its rise while the dollar declined. Unfortunately, central banks in Europe are not betting on these gains as […]
Model manager BSGL has created a portfolio loaded with equities with at least a 15% return on equity and a PEG ratio that factors a company’s earnings growth into the standard price to earnings ratio formula. This is done by dividing the company’s price to earnings ratio by its annual earnings […]
Despite a global economic crisis, a less than stellar success rate for stopping the oil leak in the Gulf, and the introduction of hurricane season, investors on Wednesday pushed the Dow Jones Industrial Average up to a 225.52 point increase closing at 10,249.54. Even news that AT&T (NYSE: T) was […]
Portfolio manager David Fried puts his focus on those companies that have bought back some of their own shares, reducing some of the dilution of the market. In addition to buy backs, Diversified Buybacks pays close attention to the financial health and stability of the companies he buys and analyzes their […]
With all Asian and European markets (except Germany’s DAX) down on Tuesday and the Euro reduced to a 4-year low, U.S. investors shifted easily and resolutely into sell mode early this morning. Within just minutes of opening, the Dow Jones Industrial Average dropped over 90 points below Friday’s close. By […]
The market had a rocky day on the last trading day of May as Fitch downgraded Spain’s bonds from an AAA rating to an AA+ rating. Although that is still a good rating and Fitch still considers Spain’s debt to be “stable” the downgrade was enough to throw the U.S. […]