Skip to main content

UCS Market update

I did not post yesterday because it seemed like business as usual. Markets are expected to rise today according to a before-the-bell report listed on the WSJ online.

However, the major indexes that represent most aspects of the markets are still trading very tightly. Hardly any buyers; again it seems like there is this shifting of money around- from one account to another. It's funny that when you have a lot of time on your hands that that is the time when you notice things that you may not have noticed before, such as the net assets of many ETFs. They are not increasing! This could be a problem or maybe not.

On another note, I still have not answered the question of 'What to buy- foreign or domestic', from my previous posts on Wednesday June, 24th. I will try to make another attempt to provide some clues today.

7/1/2009 9:15 AM
Labels:

Comments

Post a Comment

Popular posts from this blog

ETF update

I have been tracking exchange-traded fund indexes of oil and gas, banking, health and pharma, real estate and commodities but none of these indexes are budging from their lows. Maybe, I am looking at this in the wrong way. A few points here, a few points there- nothing major; The only investors that are possibly making money are the short sellers. If you are good at short selling then this is the market for you. Lets take a look at a good short fund.
Post a Comment
Read more

ETFs -More training and education

By Rick Walter ETF Training & presentation, education and more... There is so much out there. I went to the iShares website and found a series of educational tools, webinars, web casts , tutorials and presentations that may help a beginner and even experienced investors. I was impressed with the tutorials, but I still think that the financial buzzwords in the presentations may be a bit too complex for beginners. However, the site overall presentation and content is very good! What about taxes? By trade I am a tax professional; I believe that all investments should be analyzed first from a tax position, before an investment decision is made. ETFs are labeled as very tax efficient vehicles. Here is a good article, in my opinion, that explains the tax efficiency issue very well for ETFs. Check our external link section for links to websites that I believe provide top notch information on ETFs, including sponsors, distributors and advisers. I will be adding to the list daily. If th...
Post a Comment
Read more