Is it me, or are there an alarmingly large number of factors that are weighing on the global right now. More than usual for the decade or just the usual? In no particular order we have: Greece's loan default, China's stock market and real estate bubble, the decline of oil, strength of the dollar, what's next?
Thanks for this important article, some useful info here. One thing I thought you would talk about is sector allocation etfs. There are massive differences in performance between different sectors as you know. For example, biotech (IBB) up around 28% YTD vs weaker performing sectors like energy XLE down around 6% YTD. For folks who might want a more focused investment within a specific sector of the economy these sector ETFs might be a good way to do that.
Its hard to imagine oil was ever up to $115 a barrel, whereas today we are hovering around $52/barrel. With today's news about Iran and the foreseeable release of their embargoed oil supplies, we surely will see a massive new influx of oil supply and a further drop in prices. Two additional factors weighing on oil in the near future are China's economic slide, and secondly a more unlikely scenario is whether OPEC will kick in with some supply controls to stabilize oil prices.
Earlier this week, ANAC jumped 55% on news of positive trials for its hand cream, big question is can it maintain this kind of momentum? ANAC is trading down around 4% today, but up an amazing 665% in the last year, Wow! But is it still a buy??
If the Iran nuclear deal is approved by Congress, we can surely see further steep declines in oil as millions of extra barrels of oil are released into the global market once the US embargo is lifted. Further declines in oil will also most likely lead to further declines in oil stocks. Total, and RDS-B are both down about 10% since May along with the other big names. A better bet perhaps are oil refining companies who benefit when oil prices drop. One good example and a Buffett pick is PSX. Yesterday, it jumped over 3% reaching a high of 84.24 and is now trading within reach of its 52 week high.
I was wondering whether Greeks are hedging a currency collapse with gold and precious metal purchases. Gold appears to be losing value everyday these days so who knows if that's a good place to sink cash?
Also, in addition to the banks stayong closed and limitations on cash withdrawals to 60 Euro a day, I was wondering if there are controls being placed on credit card purchases?
The European ETFs that you mentioned have barely moved an inch since this article was written. HEDJ is now only at 63.91 compared to 63.81 and DXGE at 29.55 compared to 29.82 for example. I would suggest that one cannot separate the economic situation of Europe with the performance of these ETFs. Greece has weighed heavily on the psyche of investors and will continue to create concern and volatility. Perhaps there are better options for investing in hand picked European companies, but in my opinion these ETFs are too cumbersome in the short to medium term.
Since mid May, oil has continued to be a volatile ride with ups and downs. If the Iran nuclear deal is approved by Congress, we can surely see further steep declines in oil as millions of extra barrels of oil are released into the global market once the US embargo is lifted. Further declines in oil will also most likely lead to further declines in oil stocks. Total, and RDS-B are both down about 10% since May along with the other big names. A better bet perhaps are oil refining companies who benefit when oil prices drop. One good example and a Buffett pick is PSX. Yesterday, it jumped over 3% reaching a high of 84.24 and is now trading within reach of its 52 week high.
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Tough Market...
Is it me, or are there an alarmingly large number of factors that are weighing on the global right now. More than usual for the decade or just the usual? In no particular order we have: Greece's loan default, China's stock market and real estate bubble, the decline of oil, strength of the dollar, what's next?
How To Avoid The Worst ETFs In 2Q 2015
Thanks for this important article, some useful info here. One thing I thought you would talk about is sector allocation etfs. There are massive differences in performance between different sectors as you know. For example, biotech (IBB) up around 28% YTD vs weaker performing sectors like energy XLE down around 6% YTD. For folks who might want a more focused investment within a specific sector of the economy these sector ETFs might be a good way to do that.
Six Amazing Charts Show Exactly Why Oil Prices Have Been Plunging
Its hard to imagine oil was ever up to $115 a barrel, whereas today we are hovering around $52/barrel. With today's news about Iran and the foreseeable release of their embargoed oil supplies, we surely will see a massive new influx of oil supply and a further drop in prices. Two additional factors weighing on oil in the near future are China's economic slide, and secondly a more unlikely scenario is whether OPEC will kick in with some supply controls to stabilize oil prices.
Anacor Pharmaceuticals (ANAC) - Chart Of The Day
Earlier this week, ANAC jumped 55% on news of positive trials for its hand cream, big question is can it maintain this kind of momentum? ANAC is trading down around 4% today, but up an amazing 665% in the last year, Wow! But is it still a buy??
Is It Time To Buy Oil Companies Again?
Surprisingly oil seems to be in the positive today up about 0.5%, and oil stock Exxi was up over 5% today. What gives?
Is It Time To Buy Oil Companies Again?
You think Congress will see it through?
Now Is A Good Time To Pick Up Some Oil Stocks
If the Iran nuclear deal is approved by Congress, we can surely see further steep declines in oil as millions of extra barrels of oil are released into the global market once the US embargo is lifted. Further declines in oil will also most likely lead to further declines in oil stocks. Total, and RDS-B are both down about 10% since May along with the other big names. A better bet perhaps are oil refining companies who benefit when oil prices drop. One good example and a Buffett pick is PSX. Yesterday, it jumped over 3% reaching a high of 84.24 and is now trading within reach of its 52 week high.
Stocks Jump On Greece Deal Rumors; Capital Control Fears Mount, Car Buying Soars As Greeks Pull Cash
I was wondering whether Greeks are hedging a currency collapse with gold and precious metal purchases. Gold appears to be losing value everyday these days so who knows if that's a good place to sink cash?
Also, in addition to the banks stayong closed and limitations on cash withdrawals to 60 Euro a day, I was wondering if there are controls being placed on credit card purchases?
Invest In “Europe?” No. In European Companies? Yes.
The European ETFs that you mentioned have barely moved an inch since this article was written. HEDJ is now only at 63.91 compared to 63.81 and DXGE at 29.55 compared to 29.82 for example. I would suggest that one cannot separate the economic situation of Europe with the performance of these ETFs. Greece has weighed heavily on the psyche of investors and will continue to create concern and volatility. Perhaps there are better options for investing in hand picked European companies, but in my opinion these ETFs are too cumbersome in the short to medium term.
Is It Time To Buy Oil Companies Again?
Since mid May, oil has continued to be a volatile ride with ups and downs. If the Iran nuclear deal is approved by Congress, we can surely see further steep declines in oil as millions of extra barrels of oil are released into the global market once the US embargo is lifted. Further declines in oil will also most likely lead to further declines in oil stocks. Total, and RDS-B are both down about 10% since May along with the other big names. A better bet perhaps are oil refining companies who benefit when oil prices drop. One good example and a Buffett pick is PSX. Yesterday, it jumped over 3% reaching a high of 84.24 and is now trading within reach of its 52 week high.