Archive for December, 2008
Portfolios Down
The site I use for my portfolio tracking, Stockalicious.com seems to be having issues. At this time the site is down, so my portfolio pages have no data. I have an email in to the folks at Stockalicious and hope to have an update soon.
Sacramento housing hits seasonal slowdown
Existing home sales in the Sacramento region started the traditional winter slowdown in November. Sales for the month were 24% lower than October but 76% higher than in November 2007. Pending sales decreased 10% from October to November. Available inventory is 32% lower than November of 2007. Foreclosed homes continued to dominate with 70% of [...]
New Energy Finance – NEX – Weekly Review
Each week I recap the results of the WilderHill New Energy Global Innovation Index, symbol NEX, and published by New Energy Finance Ltd. The index consists of approximately 90 stocks from 22 countries. The NEX is the tracking index for the PowerShares Global Clean Energy Portfolio ETF (PBD: 13.1036 0.00 0.00%). For reference, the NEX [...]
Baltic Capesize Index on a run
There has been and continues to be a lot of news and analysis about the Baltic Dry Index, BDI, which tracks the cost to ship dry bulk goods. Many “investors” have been using the ups and mostly downs to decide whether to buy or sell a host of shipping companies, whether they are in the [...]
WSJ say double leverage ETFs are pushing the market
Are ETFs Driving Late-Day Turns? – WSJ.com. The article from the WSJ.com linked above (subscription required) puts for the hypothesis that the 2X leveraged and inverse leveraged ETFs are pushing the market, especially in the final hour of trading. The recent market action has traders waiting for the last hour, determining the market direction, and [...]
