What you propose is trading, not investing. It is a sound trading advice but positioning for even moderate or conservative allocation cannot stop big losses. Taking disciplined stop losses and being ahead of the curve is not so easy and few follow it. Easier said than done.
There are periods when SPY will outperform SPLV. In only works over long term. But over long term, there are so many good alternatives to SPLV in large value space.
Deflation Spell Could Send S&P 500 To 825 In 2015 [View article]
Demand is down so Ben is using ZIRP and QE infinity. So far so good but it will take time. When all is said and done, I am afraid S&P will have hit 2,666 and NAS will have hit 6,666 before S&P crashing back down to 2009 low of 666. Stay long for another 1,000 pt market run.
Microsoft (MSFT) unveils the Xbox One, a 3rd-gen console it pitches as "the ultimate all-in-one entertainment system. The device has a rectangular, set-top box-like shape, a slightly bigger controller. a revamped Xbox Live UI, improved app/game loading and switching times, and fresh voice/gesture controls. AMD is widely believed to provide an integrated CPU/GPU for the system. (live blog) (previous) [View news story]
Yawn. No wow factor. It is the same old with better specs.
We spend more time in iPad than on console game machines.
Our standard of living is going down without inflation. Poor educational system, deficit spending maintaining military we no longer can afford, aging population, sending aid to other country with borrowed money, financing export driven Asian economies, etc are catching up to US of A.
Did the Fed tighten while we were getting a cup of coffee? The greenback is soaring against all other currencies, with the dollar bull ETF (UUP) gaining 0.6% - an unusually large move for that vehicle. Strength against the yen (FXY -0.3%) and the aussie (FXA -0.9%) are givens of late, but the greenback is up about 1% vs. both the loonie (FXC) and the swissie (FXF), and about 0.6% vs. the euro (FXE) and cable (FXB). Getting hit are Treasurys (TLT -0.5%), the dollar bear ETF (UDN -0.6%) and of course, gold (GLD -0.7%). [View news story]
Strong dollar is not what the Fed wants. It is going to lower corporate earnings and lower inflation.
Other central banks are outdoing the Fed. Race is on to see which central bank can print money at the fastest rate!
"Do you really think risk-averse central bankers are going to try and catch the knife," asks Credit Suisse commodity research chief Ric Deverell about gold. "No" is his answer as this crowd only buys when the price is headed higher. Of reports of heavy physical buying, he's unimpressed, noting investment demand (ETFs) is the gorilla in the gold market. The metal's (GLD -1.6%) within a few dollars of taking out the 26-month low hit in April. [View news story]
Gold is on my conviction sell list. Dollar is headed higher.
The Leveraged Income And Alpha Strategy: Part 3 [View article]
Check out the great ariticle on this subject from Morningstar. The article has real world example of how sprinkling in 20% CEFs in a portfolio increases return, yield, and lowers volatility.
What's Your Exit Strategy? [View article]
Low Volatility Investing In 2013 [View article]
Deflation Spell Could Send S&P 500 To 825 In 2015 [View article]
Microsoft (MSFT) unveils the Xbox One, a 3rd-gen console it pitches as "the ultimate all-in-one entertainment system. The device has a rectangular, set-top box-like shape, a slightly bigger controller. a revamped Xbox Live UI, improved app/game loading and switching times, and fresh voice/gesture controls. AMD is widely believed to provide an integrated CPU/GPU for the system. (live blog) (previous) [View news story]
We spend more time in iPad than on console game machines.
Why Inflation Never Came [View article]
The S&P 500 Enters A Post-Transition Period [View article]
Gold: Double Bottom Or Double Trouble? [View article]
Arbitrage Opportunities In Precious Metals CEFs And ETFs [View article]
Spread between GTU and GLD has widen again. GTU is at 52-week low discount ~5% to NAV. It is time to put on another GTU/GLD trade.
Did the Fed tighten while we were getting a cup of coffee? The greenback is soaring against all other currencies, with the dollar bull ETF (UUP) gaining 0.6% - an unusually large move for that vehicle. Strength against the yen (FXY -0.3%) and the aussie (FXA -0.9%) are givens of late, but the greenback is up about 1% vs. both the loonie (FXC) and the swissie (FXF), and about 0.6% vs. the euro (FXE) and cable (FXB). Getting hit are Treasurys (TLT -0.5%), the dollar bear ETF (UDN -0.6%) and of course, gold (GLD -0.7%). [View news story]
Other central banks are outdoing the Fed. Race is on to see which central bank can print money at the fastest rate!
"Do you really think risk-averse central bankers are going to try and catch the knife," asks Credit Suisse commodity research chief Ric Deverell about gold. "No" is his answer as this crowd only buys when the price is headed higher. Of reports of heavy physical buying, he's unimpressed, noting investment demand (ETFs) is the gorilla in the gold market. The metal's (GLD -1.6%) within a few dollars of taking out the 26-month low hit in April. [View news story]
Orders For Gold Go Unfilled In Asia [View article]
The Leveraged Income And Alpha Strategy: Part 3 [View article]
http://bit.ly/19zp02Y
You are welcome, in advance.
Equity CEFs: What's Gotten Into DPD? [View instapost]
Japan GDP Q1: +3.5% (annualized) vs. 2.7% expected. [View news story]
The Small, But Important, Flaw In The Tepper Analysis [View article]
We all agree QEs have been good to us and we need to be long equities and credit.