david trainerFor U.S. equities, ETFs offer a higher percentage (10%) of attractive investment options than mutual funds (1%) at a lower cost. The radically higher number of US equity mutual funds (4,700+) versus ETFs (380+) is not indicative of better stock selection from active management. On the contrary, the vast majority of actively-managed funds do not justify the higher fees they charge.

dtrainer / Tag: AIG, ALV, AVB, BAC, C, CME, COF, COP, CPB, CVX, DELL, DISH, Do, DVN, EP, EQR, FCX, FRX, GE, GILD, GIS, GPS, INTC, JPM, LLY, LRCX, MSFT, NEM, NLY, PXD, T, TXN, UNH, VNO, WFC, WMT, XOM / 0 Comments

As we wind down the summer doldrums, are we heading toward another low-volume August?  Today was one of the lowest volume sessions of the year on the NYSE. Kids are returning to school in some parts of the country already, and many portfolio managers and traders will begin returning to their desks. But what they are finding in the market this week is quite different than they would have seen last week.

david / Tag: AMAT, AMP, ATK, DELL, GPS, HPQ, HS, IOC, LOW, sectors, VECO, WMT / 0 Comments