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“Friday’s bullish non-farm payrolls actually led to a sell-off after the initial euphoria faded. At some point we are likely to get a testing sequence and selling the good news could be an early signal to take some chips off the table after a near 50% run off the lows,” said Kevin Lane of Fusion IQ in this short guest post. [...] More on this topic (What's this?) Sell Your Stocks Now: If You Have Short-Term Gains, Take Your Profits (Contrarian Profits, 5/14/09) When to Sell a Stock (The Wild Investor, 4/22/09) Sell in May and Go Away? No Way! (Wall Street Daily, 5/10/12)
David Swensen, the legendary chief investment officer of the $20 billion dollar Yale endowment, was recently interviewed by Consuelo Mack on WealthTrack. This rates as must-see viewing material and is shared in this post. [...] More on this topic (What's this?) Another Reason to Avoid Mutual Funds (Investment U, 7/7/09) Closed End REIT Funds List (REIT Wrecks, 4/3/09) The Debts of the Spenders: Muni Funds Report More Inflows For Early June (The Debts of a Nation, 6/8/09)
Geithner told China its dollar assets were safe, but many Americans, including the cartoonists, were not convinced. [...] | |||||||||||||||||||||||||
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