At this time, the most important fundamentals to consider for mortgage real estate investment trusts are prepayment rates and interest rates.

The four major U.S. carriers are locked in a cutthroat, all-or-nothing competition with no clear winner in sight, and the handset makers are no more attractive.

The undervalued companies we find are often good acquisitions for larger companies and private equity firms.

Investors rushing headfirst into a market that is ignoring reality are asking for trouble.

None of this suggests that Europe’s problems are fixed of course.

Rather than calling a market top we hope to let the markets tell us when to exit broad holdings represented by the ETFs in our portfolios.

This year has started well for equities and for my Breakouts and Reversals model portfolio

On the short side, I have initiated a position in Bank of America (BAC) after a 30% up move and am looking for some sellers to enter the market.