Our portfolio manager Dave Martin provides a recap of our movements in the market this week. We are watching our indicators very carefully and staying defensive.
Category: Industry Ideas
More insider trading, Facebook for cats, and unconstrained bond funds. Plus, a look at housing trends the past 20 years. Check out what we're reading this week.
Today the S&P 500 closed at a 2% loss. Between China, Greece, and the FOMC this has been an incredibly interesting year to be an investor. We want you to know how we are managing your money through this time and our portfolio manager, Dave Martin, shares his take on the market and your portfolios.
Puerto Rican bonds are coming to a firm near you, Google is working at immortality and Edward Jones tries to make a few bucks. Here's what we're reading this week.
Notes on portfolio changes from the head of our investment committee Dave Martin
I keep seeing articles about insider trading. Recently, in the Supreme Court’s ruling on Dirks they state that “Absent some personal gain, there has been no breach of duty to stockholders. And absent a breach by the insider, there is no derivative breach.” Which, I think, implies that as long as the insider doesn’t enjoy giving away secret, confidential information it’s ok.
With three big social media stocks taking a nosedive this week, and drops in the S&P 500 and the Dow Jones Industrial Average, the market was on the move. Want to learn more? Here are a few things we’re reading this week.
From Investopedia: An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe.