iShares forwarded two Power point Presentations to us. Their bullet points for ACWI: The MSCI ACWI Index Fund captures broad global exposure in one trade It is the first exchange-traded product with access to MSCI ACWI The ACWI Index is widely used as a measure of global equity markets (including the...
Own $32.2 Trillion in Market Cap Today
Barclays Global Investors launched a new ETF today. It is called iShares MSCI ACWI Index Fund, and its symbol is ACWI. With one simple click, you can obtain exposure to the world stock market and its potential return. This is an important ETF for several reasons. First and foremost, never before have...
Three Strange Facts
Last week’s stock market gains are beginning to seem like a distant memory to many traders. The very sectors that led the market higher before Easter – mainly financials – are once again lagging. In the bigger picture we note three news items of interest today. First, mortgage rates...
The Perfect Set-Up
James Finucane was featured in a recent Barron’s article. He is a 67-year-old stock strategist. He makes extremely compelling arguments for the DJIA to visit 18,000 to 20,000 in a year. Here is a list of his main points: Financial crises yield spectacular buy points. References 1970 Penn Central...
The Trend Is Your Friend
Last week’s big gains were encouraging for stock investors, but the more important news may have come in the last two days. Four major domestic equity benchmarks (Dow Industrials, S&P 500, Nasdaq Composite, and Russell 2000) are now in intermediate-term uptrends, as measured by the 50-day moving...
How to Play a Strengthening Dollar – UUP
Active investors have taken note of the wicked commodity sell off over the past week. Perhaps what they have missed is the impact of the U.S. Dollar’s value to commodity related investments. The one-way ticket to large returns in oil and precious metals over the past year has been tied to a declining...
Financials: Is It Time To Buy Yet?
Wall Street may finally have something to celebrate during a 3-day weekend. The bleeding may be over in Financials. We’re not calling a bottom, but there are some reasons be optimistic about the markets. When the President, the Tresury Secretary and the Fed weigh in on a problem, it’s worth...
Banks and Brokers Go Boom
The financials are on the move! Bears and Bulls are getting creamed left and right. The financials, with gigantic short interest going into Monday, have catapulted higher on the back of the latest Fed announcements and the Bear Stearns bail out. Investors short just got blown up. Folks speculating on...
Rescue Rally
Faced with economic weakness and bond market paralysis, the Fed has stepped in to help numerous times over the last year, via rate cuts, sharp rhetoric, and a growing array of “credit facilities” designed to benefit specific groups. Each time the result has been the same: a few days or weeks...
Depressions & Recessions Are Era’s, Not Events
The demise of Bear Stearns is rippling across Wall Street today. The market is gyrating wildly as investors vote with their pocketbooks, and it will be days and weeks until we find out the ultimate winners and losers in the latest pitched battle between the bulls and the bears. What is stunning is that...
