Investment Guru Interview With Stu Taylor - Money Matters Radio
Even with the MCIM "Mirror Portfolios" that are based on six different model portfolios that I supervise, each participant account will contain securities purchased at different prices than in the model. These are designed for people who don't want to do it themselves, who like the Market Cycle Investment management approach, and who don't have regular disbursement needs.
The 10 year T-bond yield is surging higher this morning by 7.0 basis points to 3.48 percent. This move higher in the yield means that bond prices are declining lower. Traders can see how the iShares Barclays 20+ Yr Treas.Bond ETF(NYSE:TLT) is selling off by 0.77 cents to $91.63 a share. The iShares Lehman 7-10 Yr Treas. Bond ETF(NYSE:IEF) is trading lower by 0.57 cents to $92.79 a share.
S&P 500 Technical Chart Analysis: Powerful Wave 3 Bull Market Rally Not Over Yet
US equity markets have continued to make higher weekly closing highs, climbing relentlessly in defiance of calls for a pullback or a resumption of the bear market. Treasuries broke down from a month long consolidation and resumed their downtrend as capital continued to exit the perceived safety of fixed income for risk assets.
The Dow Jones Industrials --- A Blue Chip Average No More
To most investors, the DJIA provides all of the information they think they need, and they worship it mindlessly, thinking that this time tattered average has mystical predictive and analytic powers far beyond the scope of any other market number. It's Wall Street's rendition of 'The Emperor's New Clothes'.
Today, yields on the 10 and 30 year U.S. Treasury Note are declining sharply after the U.S Treasury auctioned off $24 billion in 10 year T-notes. Yesterday, the demand for the T-notes was nonexistent as yields spiked higher. Has anyone noticed that after a bad bond auction the very next day there is so much demand for T-notes in the next auction. Who is buying these T-notes today?
The Elliott Wave International Argument: A Critical Analysis of Robert Prechter and EWI (Part 2)
In the first installment of this series )http://www.thebullbear.com/profiles/blogs/the-ewi-argument-a-critica), I examined Robert Prechter and Elliott Wave International's current wave analysis and proposed some alternate views. In this segment I will examine EWI's market timing record. First, I'll run down the history of EWI's market calls from March 2009 to present.
02/03/10 Oscar points out the bull & bear flags in the Bond Market
After forty years of investing, a few things become clear: you need to focus on quality securities, diversify properly, and develop a lifetime supply of income. Income portfolio management is a puzzle in its own right, and the major problem is focus --- income is king. Losing market value and losing money are two totally different things.
Investors continued to pile into bonds through October 15th; however, going into November it appears investors were beginning to grow wary of bond investments. One type of fixed income investment that historically has performed well in a rising interest rate environment is bank loan funds. This article details the performance of these funds in a rising rate environment....