The average investor is still buying high and selling low. And I think many may be making a very similar mistake when they choose a money manager.
Outlook
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We ran the numbers. Out of our 115 managers, only one has purchased Facebook shares so far today for Covestor models.
Mike Arold, who runs the Technical Swing model, is now backing out of his short positions in preparation of a market bounce. Here is how he plans to play it.
The latest market analysis from BofA sees dark clouds, a storm, then the likelihood of a summer rally.
Most strategists hate stocks right now. Yet some big names are zigging when others are zagging and recommending exposure to riskier sectors.
Defensive names dominate the short list of stocks with upward price momentum, which may be a contrarian reason to start looking for ideas in risker sectors.
The market selloff should be less harsh than ones in the past two years and may set up a summer rally, says Schwab strategist Liz Ann Sonders.
Bill Gross shows that when it comes to investing, smaller accounts can have a real advantage over the larger ones.
