Oct 7, 2013 | Uncategorized
The Real Story: VXX Volumes (“VIX” is the index, and “VXX” is the ETF that tracks the index.) These measurements are helpful as a quick check on market sentiment, but they only really measure the market’s confidence in the companies that...
Oct 4, 2013 | Uncategorized
If you ever want to see just how harmful macroeconomic exposure can be to a fundamentals, value-oriented investor, just look at the mini-tragedy involving Nike (NKE). At a 4.28% gain over the course of six days, this doesn’t look like much of a tragedy, but it...
Oct 3, 2013 | Uncategorized
Tuesday witnessed the second day of a federal government shutdown, with the looming possibility of a U.S. government debt default on the horizon and another chance that the U.S. government could see its credit rating fall. On top of the fears are worries that the...