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Ron Rowland: Preferred stocks are an important tool for yield-hungry investors. And these days — with even long-term interest rates at historic lows — we’re all looking for income. Read more…
Stoyan Bojinov: Bullish momentum has cooled off a bit on Wall Street this week although the good news keep coming in. Investors were happy to see the latest home builders index release on Monday, although a slightly worse-than-expected existing home sales report on Wednesday managed to tip indexes lower. Read more…
In trading on Thursday, the UltraShort MSCI Pacific ex-Jpn ProShares (JPX) outperformed other ETFs, up about 12.6% on the day. Also showing good gains on such a strange day are the Direxion Daily Financial Bear 3X Shares (FAZ) which was up Read more…
NYSE:BVL, NYSE:DPK, NYSE:DRV, NYSE:FAS, NYSE:FAZ, NYSE:HAO, NYSE:JOX, NYSE:PFF, NYSE:TAN, NYSE:UXJ, NYSE:VXX
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