Month: October 2011

Trick or Treat? Nope, Just Increasing Beta

In watching the markets, I’ve been hinting that conditions might be right to increase a portfolio’s sensitivity to the market, also known as increasing the beta. Check in as I explain how the current market environment rhymes with historic market conditions (1962, 1987, 1998), how the panic corrections might just be over, and how risk

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“The Era of Lower” and The End of The Secular Bear Market

Markets move in long-term secular cycles…in this current day and age, which I have coined the “Era of Lower”, what will it take to move out of this secular bear market into a secular bull phase? Lower P/E’s are key, as well as the public “giving up” on equities in favor of other asset classes. 

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Three Signs That Markets May Be Improving

Over the past few days, there have been a couple of indications that markets might be improving…. cash is moving out of money market funds technical indicators have changed direction volatility has possibly broken its fever pitch as it returns to its more natural state at the low end of the spectrum. Is it time

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Trading Volatility….ETNs vs. ETFs

After revisiting the idea of a Bear market for risk assets, Bill takes a look at one of the latest volatility instruments from ProShares to hit the markets, SVXY. Similar to the XIV in performance, Bill looks at how SVXY might hold some other advantages as compared to XIV due to its structure as an

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The Pitfalls of Market Timing

  If you’re a long time follower of mine (I’ve now been writing and speaking on the topic of investing for almost 14 years, and now on Twitter) you know if there’s one thing I’ve warned against the most frequently, it’s market timing.  Market timing is the act of wholesale moves into and out of

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