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  • Bonds sold off on stronger than expected pending home sales, but rallied back to finish near the day's highs. 30-year +0.79% to 116-29. 10-year +0.25% to 117-10. 5-year +0.18%. 2-year flat. Dollar got hammered: Euro +1.17%. Yen +1.15%. Pound +0.93%.  [View news story]
    Don't forget munis (AFB), which I recommended. +1.07% for the day.
    Jun 2, 2009. 04:27 PM | Likes Like |Link to Comment
  • Bond-giant Pimco throws its hat into the ETF ring with its first exchange-traded fund, the Pimco 1-3 Year U.S. Treasury Index Fund (TUZ), designed for investors "focused on relatively stable principal value and avoiding credit risk." Pimco's foray into ETFs could be a potential game-changer for an already fast-growing segment.  [View news story]
    You can make money in bonds now, though not Treasuries. Look at munis (AFB), which I've recommended.
    Jun 2, 2009. 12:37 PM | Likes Like |Link to Comment
  • Futures are relatively flat after Monday's strong gains and an uneventful Tuesday session overseas. Dow -0.1% to 8678. S&P flat at 939. Nasdaq flat. Crude -0.9% to $67.94. Gold +0.1% at $980. April pending home sales are due at 10:00, and May auto sales numbers will start showing up at about 12:00 p.m. (see full calendar).  [View news story]
    Just looking at the broad indices could be misleading. Some sectors are doing better than others. Materians (XLB), which I recommended, are doing well.
    Jun 2, 2009. 09:26 AM | 1 Like Like |Link to Comment
  • Telltale Signs That a Significant Correction Isn't Imminent [View article]
    Time frame is a major factor. Some people think that there will be a major crash / correction in the long term and trade accordingly. But they should be trading according to what is actually happening now.

    Right now, the trend is <b>beginning<... to be up. Materials (XLB), which I recommended, are doing particularly well. When the trend flattens out, then it might be time to get out.
    Jun 2, 2009. 09:12 AM | 1 Like Like |Link to Comment
  • S&P 500 Breaks Above 200-Day Moving Average [View article]
    That's great news. Within S&P 500, materials sector (XLB), which I've recommended, is doing especially well.
    Jun 2, 2009. 09:08 AM | Likes Like |Link to Comment
  • Tuesday Outlook: Commodities, Global Markets [View article]
    Stocks have been risky until relatively recently. But an uptrend is beginning to be seen. And some stocks are doing better than others. I've recommended the materials sector (XLB), which is continuing to do well.
    Jun 2, 2009. 09:06 AM | Likes Like |Link to Comment
  • After an hour of trading, stocks are still rising steadily. Dow +2.2% to 8,687. S&P +2.4% to 941. Nasdaq +2.6% to 1,821.  [View news story]
    Materials (XLB) is one of the strongest sectors. It's up 3.46% thus far for today.
    Jun 1, 2009. 12:19 PM | Likes Like |Link to Comment
  • Despite much public worrying about America's AAA credit rating and growing deficit, the bond market shows international demand for U.S. financial assets is as high as ever.  [View news story]
    Instead of speculating about what _might_ happen, let's see what is actually happening. Bonds, in particular munis (AFB, VFL, NCL) are in a strong uptrend.
    Jun 1, 2009. 12:15 PM | 1 Like Like |Link to Comment
  • Federal Reserve Balance Sheet Update: Week of May 27 [View article]
    But the trend in muni's is up.
    Jun 1, 2009. 11:51 AM | Likes Like |Link to Comment
  • Federal Reserve Balance Sheet Update: Week of May 27 [View article]
    There are always good opportunities, even in what might seem like risky markets. Though treasuries look scary, munis (AFB) have been doing great. Same with stocks. Though some industries are imploding, the materials sector (XLB) is doing great.
    Jun 1, 2009. 08:48 AM | Likes Like |Link to Comment
  • Three Solid Investment Themes [View article]
    Though Treasuries might look risky, munis are doing very well. For example, AFB is up over 12% in 3 months. About energy -- the materials sector (XLB) is outperforming the market.
    Jun 1, 2009. 08:44 AM | 1 Like Like |Link to Comment
  • Federal U.S. Debt Has Ballooned to Over $100 Trillion! [View article]
    Though the fundamentals might be scary, we are trading the price, not the fundamentals. For example, materials (XLB) is up almost 40% in the past 3 months. Among bonds, munis (AFB) are doing especially well. They're up over 12% in 3 months.
    Jun 1, 2009. 08:41 AM | Likes Like |Link to Comment
  • Expected 2nd Quarter Earnings Growth For the S&P 500 and Its Ten Sectors [View article]
    The materials sector (XLB) is very strong relative to the S&P 500. I suspect that analysts are underestimating its earnings.
    Jun 1, 2009. 08:37 AM | Likes Like |Link to Comment
  • NLR: Perfect Product to Track Nuclear's Growing Popularity [View article]
    Not surprisingly, the materials sector (XLB) is outperforming the market.
    Jun 1, 2009. 08:33 AM | Likes Like |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    The materials sector (XLB) is outperforming other stocks. Also, let's not forget about bonds. Munis (AFB) are continuing to do very well.
    Jun 1, 2009. 08:26 AM | Likes Like |Link to Comment
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