Skip to main content

UCS Morning Update

Good morning everyone. I hope everyone had a great weekend. Get ready for another crazy week with back to school is right around the corner. WSJ Before-the-bell reports a flat opening with many companies still on tap to report their earnings for the quarter. As I mentioned in my last post on Friday, its a wait-and-see strategy for me, at least for the first few days of the week. Our focus is still in the technology, and pharmaceutical sector with energy stocks not far behind. I will be adding a new format over the next few days with a daily scheduled online web meetings on ETF funds or stocks that we believe have the potential to make you some money or add value to your retirement portfolio.

7/27/2009 9:49 AM
Labels:

Comments

Post a Comment

Popular posts from this blog

What to Buy- Foreign vs Domestic funds?

Calm before the storm. At least that's what I've been reading. It seems that there is still not much buying. Much of the buying seems to be just shifting funds from one account to the next. It's called "churning" in broker turns. So, I wanted to see if anyone was buying, you know, new money. I clicked on over the Investment Company Institute website to see if they could shed some light on this matter. Based on their recent reports, "Estimated inflows to long-term mutual funds were $ 12.48 billion for the week ended Wednesday, June 10, 2009 ", versus $ 13.646 billion for the week of June 3. At least it wasn't negative. There is buying. As a matter of fact, buying has almost doubled compared to inflow numbers reported in May. I also noticed that Equity Foreign Funds had a larger percentage increase than other categories while Taxable Bond Funds had a noticeable percentage decrease in inflows as compared to the previous periods. Interesting. Are in...
Post a Comment
Read more

The Old Reality is Still the New Reality

The Old Reality is Still the New Reality  Dodd Frank Illustration   I sat at my desk last week wondering what went wrong. Was I experiencing some type of trading depression? I checked my models, macro numbers, company profits, software, pricing etc. Some of my option contracts were either worthless or were on their way to being worthless.   The pricing of the contracts were not in-line with the actual underlying price of the securities that I was trading. The options' pricing per contract were either priced 40% or more above what the underlying security was worth or priced 40% or more below what the securities were worth. This old reality was still the new reality even after all of financial fixes implemented to fix these same problems that contributed to the financial meltdown in 2007-2008.   The new Dodd-Frank Wall Street Reform and ConsumerProtection Act which was supposed to clean up many of the abuses in the financial system such as accountabi...
Post a Comment
Read more