by Jeff Bishop | Oct 24, 2016 | Blog
The municipal bond market saw an impressive run during the first half of 2016, but munis have stalled over the past few months. This could be attributed to multiple reasons, such as the next U.S. President’s tax plan and the potential rise in interest rates. We’ve...
by Steve LeBlanc | May 27, 2016 | Blog
The United States Oil Fund (ETF) ($USO) is headed for another higher finish for this week. The ETF rose more than 1.5% this week. Google Finance USO has gained almost 36% in the last three months as oil prices have bounced back sharply. The question though is whether...
by Steve LeBlanc | May 27, 2016 | Blog
It has been a disappointing week for the Market Vectors Gold Miners (ETF) ($GDX). As sentiment continues to weigh against gold, GDX is headed for more than 6% loss for the week. Google Finance As I noted earlier, it is the right time to take profit on GDX. While gold...
by Steve LeBlanc | May 27, 2016 | Blog
The SPDR S&P Metals and Mining (ETF) ($XME) has had an excellent run this year. Year-to-date, $XME is up more than 42%. But as the U.S. dollar has strengthened lately, XME has seen a pullback. Google Finance XME rallied earlier in the year as commodities rebounded...
by Steve LeBlanc | May 27, 2016 | Blog
The U.S. dollar has ticked higher today. In fact, the dollar index is now headed for its best monthly performance since November. The PowerShares DB U.S. Dollar Index Bullish ($UUP) is up more than 1% in the last one month. Google Finance The dollar has been gaining...
by Steve LeBlanc | May 27, 2016 | Blog
It has been another solid week for the biotech sector. The SPDR S&P Biotech (ETF) ($XBI) is headed for another sharply higher finish for the week. Google Finance The sector has been helped by some spate of good news for individual biotech companies this week. The...