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Gary Gordon

 
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  • When The S&P 500 Breaks A Record, Reduce Your ETF Portfolio Risk
    Thu, Jun. 19 SPY 9 Comments

    Summary

    • The S&P 500 has traded above its 200-day moving average for 394 trading sessions. That has never occurred in the history of the heralded benchmark.
    • How long will the S&P 500 continue to defy the odds? Not much longer.
    • Late-stage bull markets often see a remarkable amount of complacency.
    • An astute ETF investor can prepare for eventual change by proactively managing portfolio risk. Embrace a barbell strategy. Seek out more attractive valuations. Even hedge with negatively correlated assets.
  • Are Consumer ETFs Ready To Cry Uncle?
    Wed, Jun. 18 XHB, RTH, VCR 4 Comments

    Summary

    • Consumers have been stuck in a rut for the entire five-plus years of quantitative easing.
    • Real wages (wage growth minus inflation) have not changed a bit, leaving consumers with the singular option of borrowing to spend.
    • Consumer discretionary spending stocks have suffered - they are the only collective class that have struggled to post positive returns over the last 90 days.
  • Sidestepping The S&P 500 ETF Trap
    Mon, Jun. 16 IVV, VOO, SPY 8 Comments

    Summary

    • Holding large-cap U.S. stocks alone is likely to severely underperform a basket of global equities over long stretches.
    • How patient might you be with the S&P 500 in a decade like 2000-2009?
    • And since when did diversification become a dirty word?
  • 3 ETF Investments For Persistent Euro Weakness
    Thu, Jun. 12 ENZL, EUO, HEDJ Comment!

    Summary

    • iShares MSCI New Zealand represents respectable diversification across a wide range of economic segments, including health care, consumer goods and industrials.
    • Investors can seek profits from persistent euro-dollar weakness - I've suggested that aggressive traders consider ProShares UltraShort Euro.
    • For those who believe that they might augment their returns by mitigating persistent euro weakness, WisdomTree Europe Hedged Equity (HEDJ) allows you to invest in strong European brands while simultaneously capitalizing on the relative strength of the U.S. dollar.
  • Managing ETF Portfolio Risk: Be Mindful Of Reversions To Long-Term Averages
    Wed, Jun. 11 EDV, BLV, TDIV 3 Comments

    Summary

    • I use three tools when stock valuations are elevated and when adviser optimism hits extremes: revisit the barbell, lower valuations in established uptrends, hedging with negatively correlated assets.
    • At the start of the year, I added longer-duration investment grade vehicles like Vanguard Extended Duration or Vanguard Long Term Bond.
    • Another method for reducing risk is picking up “less expensive” stock ETFs that have been confirmed by technical indicators.
    • To add a layer of protection to your portfolio, you might consider hedging your long positions by owning CurrencyShares Japanese Yen.
  • Uber And Tech ETFs: Stupid Is As Stupid Does
    Mon, Jun. 9 PNQI, SOCL, FDN 1 Comment

    Summary

    • “New tech” may already have started the process of crashing.
    • “Old tech” is still fairly valued. Favoring old school technology corporations that reward shareholders via dividend increases and buybacks is one way to partially insure against behaving foolishly.
    • Intelligent investors take steps to protect their accounts against severe wealth destruction using other forms of insurance like stop-limit loss orders, hedges, and put options.
  • Eventual 'QE' For The Eurozone? Consider European Index ETFs
    Fri, Jun. 6 QABA, IWC, IWO 5 Comments

    Summary

    • The European Central Bank did not really surprise anyone with its well-telegraphed rate cuts. Yet, risk assets rallied a bit more than most had anticipated.
    • Not only did the ECB slash its overnight lending rate, European authorities opened the door to unconventional asset purchases in the future.
    • In spite of former high-flyers regaining some of their momentum from 2013, I would rather add foreign equity exposure to client portfolios here in 2014.
  • Are Record Levels Of Consumer Credit Dangerous To Your ETF Portfolio?
    Wed, Jun. 4 XLY, XLI, SPY 5 Comments

    Summary

    • The last two bear markets punished the irrational exuberance of individuals as well as entities.
    • If there is a "bubble" this time around, one would have to take a look at consumer credit.
    • Would a slide in consumer discretionary share prices be as onerous as the slumps in technology, financials, etc.? Probably not.
  • 3 'Risk-Off' Signs For ETF Investors
    Tue, Jun. 3 XHB, FXY, XLF 2 Comments

    Summary

    • Federal Reserve encouragement of borrowing and subsequent spending has resulted in the weakest post-recession period of growth since World War II.
    • Profits at S&P 500 companies in the quarter rose a paltry 2% from a year ago, in spite of forecasts for an 8.5% rise.
    • Corporations will need to start selling a lot of products and services in the months ahead, or the smart money will take a breather in assets perceived to be safer.
  • Buy 'Value ETFs' Here, Buy 'Growth ETFs' Over There
    Thu, May. 29 RTH, XLY, TDIV 6 Comments
  • Are Precious Metals ETFs Dead In The Creek?
    Tue, May. 27 GLD, SLV, GLTR 6 Comments
  • 'Old Tech' ETFs Are Better Risk-Reward Prospects Than 'New Tech' ETFs
    Fri, May. 23 PNQI, TDIV 1 Comment
  • Money Is Flowing Out Of U.S. Stock ETFs, Money Is Flowing Into Foreign Stock ETFs
    Thu, May. 22 SCIF, RSXJ, BRF 1 Comment
  • Bargain ETFs Are Sitting In Plain View
    Mon, May. 19 ENZL, EWY, AAXJ 4 Comments
  • The Great ETF Rotation Is Accelerating
    Thu, May. 15 EFV, EWU, XBI 6 Comments
  • Reduce Your ETF Risk Without Forsaking Well-Deserved Rewards
    Wed, May. 14 IWM, IEF, USMV 2 Comments
  • International Stock And Bond ETFs Deserve More Of Your Allocation
    Mon, May. 12 USMV, VGK, IBND 4 Comments
  • ETF Moves You Can Make Before The Crowd Gets Restless
    Thu, May. 8 EFV, USMV, RSXJ Comment!
  • Are Emerging Market Small Cap ETFs Safer Than U.S. Small Cap ETFs?
    Wed, May. 7 IWM, TZA, TNA Comment!
  • Liquidity Makes Alternative ETFs Less Peculiar
    Mon, May. 5 QAI 1 Comment
  • What You Don't Know About Relative Strength Shifts In ETFs Can Hurt You
    Thu, May. 1 IBB, SCIF, VEU 12 Comments
  • Growth Stock ETFs Pass The Torch To Value Stock ETFs
    Tue, Apr. 29 EWC, XLE, VYM Comment!
  • Bond ETF Patterns Suggest An Appetite For Less Wealth Destruction
    Mon, Apr. 28 HYG, TLT, TDIV 3 Comments
  • Dividend ETFs May Gleam, Yet Tech Dividends May Shine Even Brighter
    Thu, Apr. 24 TDIV Comment!
  • Homebuilder And Home Construction ETFs Falter At The Real Estate Altar
    Tue, Apr. 22 XHB, ITB, VNQ 3 Comments
  • Weaker Euro Presents ETF Admirers With Multiple Opportunities
    Mon, Apr. 21 HEDJ, DBGR, EUO 3 Comments
  • The Return Of Energy ETF Dominance?
    Thu, Apr. 17 XLE, FCG, XOP Comment!
  • ETFs For Those Seeking Greater Tax Freedom
    Mon, Apr. 14 IVV, TFI, MLN 2 Comments
  • ETFs Of CEFs? Yield Shares High Income ETF Impressive Since Inception
    Fri, Apr. 11 PCEF, YYY 11 Comments
  • Great Rotation? ETFs Encounter A Different Kind Of Shift In 2014
    Wed, Apr. 9 SOCL, PNQI, CQQQ 4 Comments
  • Disappointing Employment Data Impact Stock And Bond ETFs Differently
    Mon, Apr. 7 XLY, EDV, TDIV Comment!
  • 3 Asian ETFs With Tremendous Upside Potential
    Thu, Apr. 3 EWY, EWM, EPHE 12 Comments