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Showing posts from July 19, 2009

UCS End of Week Update

It has been a strong week for the markets. Broad rally across the board pushed indexes higher, although today signaled an easing up on the gas pedal. I have been touting technology funds all week- actually for months but today I got a little comeuppance with technology weighing heavily on the NASDAQ : -7.64 , keeping it slightly in negative territory for most of the day. Microsoft reported earnings yesterday and they were off by 17% which affected the NASDAQ s performance today. However, it seems that investors had already discounted the recessionary effect into the price of the stock. Neither the stock or NASDAQ tanked today. Yeah! I have to say that I don't know what to expect going forward next week. It's a wait-and-see strategy for next week. We could do like ousted Honduran President Zelaya , who today ran a few feet from across the Nicaraguan border to the Honduran border and then back over to the safety of the Nicaraguan border- Secretary of State, Hillary Clinton call

The Power of Technology

Technology has been nice to investors. However, looking for a little pull-back in the markets sometimes this week or early next week of about 3-4%. But, I could be wrong. The anxiety meter is high this week. Here are three technology funds that are comparable in return, size, holdings, etc. However, one fund stands out from among the rest with a whopping 3 month return of 61.18% . Since the ProShares fund returns 2X the index, you really get a nice return on your money. However, there are many risks to consider when investing in these types of funds at this stage in the game. If you are unsure on where and how to reposition your assets to prevent further losses? We can help you. Our financial planning methods using Exchange-traded funds and careful asset allocation modeling can help you fix or build a financial portfolio that will weather any financial storm and secure your dreams. Get investment advice tailored to your retirement needs from a trusted source. Our asset management se

UCS Afternoon Update

Good morning investors. Hope everyone had a great weekend. Wow! This summer seems to be flying by. There is so much making news that it's sometimes hard to focus on what needs to be focused on. Well, strong day so far, with technology issues such as CSCO , INTC , ORCL dominating the most Actives, but the most spectacular of all the Actives is the company Human Genome Sciences, Inc : HGSI ; the stock is up 224% on good news of its Lupus drug and of a possible partnership with large deep-pocketed commercial company. Ah, the joys of technology- that's the ticket. Of course, you can get many of the best, quality technology companies in the ProShares Technology Fund which might I say is 6 points above its 30 day moving average of $30 per share. It's made a major breakout. I am still researching three technology ETF funds that I believe will do well and will hopefully have them posted soon. 7/20/2009 1:20 PM