It’s difficult to spot an upside in the high yields market since there has been an enormous rally in the segment with all time high dollar prices and all time low yields in the history of these industries. Still, compared to other bond markets, the high-yield segment offers better returns, says Jeff Peskind, Chief Investment Officer and Founder of Phoenix …
Too Much Bad News To Handle
[Chart courtesy of MarketWatch.com] After trading in a narrow range through out the day, US index ETFs finished lower as investors turned negative following lackluster economic data and mixed earnings reports. Today snapped a string of record-high closes. The Dow Jones Industrial Average (DJIA) depreciated 42 points (0.3%) to 15,233, the S&P 500 Index was 8 points (0.5%) lower at …
Defying Negative Data
[Chart courtesy of MarketWatch.com] Despite disappointing US industrial production and regional manufacturing reports, the major domestic equity markets were able to continue their recent rally and finish the trading session higher. The Dow Jones Industrial Average added 60 points (0.4%) to 15,276, the S&P 500 Index was 8 points (0.5%) higher at 1,659, setting another record in nine of the …
After A Breather, Bulls Hit Fresh All-Time Highs
[Chart courtesy of MarketWatch.com] Equities got back to their winning ways, notching solid gains amid optimism that the bulls still have room to run. The Nasdaq hit its highest level since November 2000 while the Dow Jones Industrial Average and Standard & Poor’s 500 Index hit fresh all-time highs. The Dow Jones jumped 124 points (0.8%) to 15,215, the S&P …
Bulls Take a Break in Quiet Session
[Chart courtesy of MarketWatch.com] Index ETFs kicked off the week with an orderly session, ended flat on Monday and pausing after hitting record highs last week. The market was once again unfazed by a strengthening U.S. dollar. The Dow Jones Industrial Average fell 27 points (0.2%) to 15,092, the Standard & Poor’s 500 Index was unchanged at 1,634, and the …
One Man’s Opinion: Will The Fed Slow Down Easing Before The First Quarter Of 2014?
The Fed isn’t going to cease to inject liquidity until the first quarter of 2014 at the soonest, says Troy Gayeski, Senior Portfolio Manager at Skybridge Capital. Also, the Federal Reserve will not hike interest rates until end of 2014, early 2015. The more important recent catalyst, however, has been Japan’s aggressive monetary easing. That’s one reason why most hedge funds believe …