Stock Tips Investment: 2012-02-26

Wednesday, March 7, 2012

Stock Tips for Today: Telefonica S.A. (TEF)

Yesterday, the market had its worst fall of the year. The DJ-30 lost 1.57%, the SP-500 had retreated 1.54% and the Nasdaq Comp. decreased 1.36%. Volumes grew in relation to the day before. All this has contributed to deteriorate the situation of the market in technical terms. The three indices violated the support of the Simple Moving Average 18 days and approached the Simple Moving Average 50 days.
It is likely that today, the DJ-30 challenge this level. It will be very important to see what the outcome of this situation. If the DJ-30 falls below this level, it is likely also the other indices do too. In that case, we would enter a more severe correction process. For this reason, it is not easy to find stocks with upward trend with good patterns. Rather, there are many stocks with downward trend re showing good behavior.
One such case is that of Telefonica S.A. (TEF). This stock closed yesterday at US$ 16.35, representing a fall of 3.65% in relation to a day before. Its volume was 6.69 Millions of shares, almost twice its daily average. The Market cap. of this company is US$ 24.60 Billions. Its P/E is 3.44 and EPS of 4.75. After 12 weeks of consolidation, this stock break down this price. His next stop is located around US$ 13.00. Do you dare buy Telefonica's 11.7% yield?

Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, rest of Europe, and Latin America. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone; local, domestic, and international long distance and fixed-to-mobile communications; corporate communications; video telephony; supplementary and business-oriented value-added services; network services; leasing and sale of handset equipment; and telephony information services. The company’s Internet and broadband multimedia services comprise Internet service provider service; portal and network services; retail and wholesale broadband access; narrowband switched access to Internet; naked ADSL, a broadband connection; residential-oriented value-added services; companies-oriented value-added services; television services, such as IPTV, cable television, and satellite television; and Fiber to the Home, a service for high speed Internet access and digital video recording. Its data and business-solutions services principally include leased lines; virtual private network services; fiber optics services; the provision of hosting and application; outsourcing and consultancy services; desktop services; and system integration and professional services. The company’s wholesale services for telecommunication operators primarily comprise domestic interconnection services; international wholesale services; leased lines for other operators’ network deployment; local loop leasing under the unbundled local loop regulation framework; and bit stream services. It also offers various mobile and related services and products that include mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging services. The company has a strategic alliance with China Unicom (Hong Kong) Limited. Telefonica, S.A. was founded in 1924 and is headquartered in Madrid, Spain.

The Very Subtle Art of Investing in Artwork

"Untitled" (1981) by Cindy Sherman sold for $3.9 million at Christie's in New York in 2011. Photograph: Metro Pictures via Bloomberg

Most people buy art because they love to look at it, but there's always the hope that the payoff will go beyond aesthetics. The prices of photographer Cindy Sherman's works have risen 11-fold in 15 years, according to Artnet, while Gerhard Richter's paintings are 37 times more expensive. Damien Hirst's works are up 22-fold, while works by Jean-Michel Basquiat and Andy Warhol have both risen 19-fold.

Investing in the right artist, however, can be a crapshoot, and owning artwork can involve substantial hassles. Many collectors must worry about insurance premiums, art dealers, thieves, taxes and most of all, the fickleness of the art world.

Dorit Straus knows all about these complications from three decades working with collectors at the Chubb Group of Insurance Companies, where she is now the insurer’s worldwide fine art manager. Bloomberg.com’s Ben Steverman spoke with Straus, an archaeologist by training, about the challenges of owning art. Edited excerpts of their interview follow.

Q: Is art an asset class like stocks and bonds?

A: There is some merit to that line of thought. A lot of people have a large portion of their assets in their art collections and they may not know it. It’s certainly important for financial planners to discuss this issue.

There are lots of downsides to art as investment. There are costs of maintaining art. The physical condition of your stock or fund doesn’t matter, but you have to make sure your work of art is in pristine condition, particularly in today’s economy...read more.

Our Portfolios continue to go up

The week began with a fall in the market. This favored short positions included in the portfolios. Especially in the Short Term Growth Portfolio. Thus, RPC Inc. (RES), low in price yesterday 6.58%. This fall generated a cumulative return of 10.35% in just 6 days. For this reason, we decided to realize this profit and close the position of RES. Additionally, other stock was added (short position) in this portfolio. This is Ctrip.com International (CTRP).

To see our Short Term Growth Portfolio, click STPG.

To see our Medium Term Growth Portfolio, click MTGP.

Three Up Trend Stocks: SHFL - NLST - STMP

Despite being a very bad day, our system found some good stocks. However, very few of them, showed good patterns. In fact, yesterday, the market experienced a decline in technical terms. Tomorrow is likely to give the bulls sign of live ... but the overall picture is not good.

Shuffle Master Inc. (SHFL).- Price: US$ 16.05 (Var: +10.16%). Volume: 5.03 Millions of shares (daily MA: 466K). New high with good volume.
Netlist Inc. (NLST).- Price: US$ 3.60 (Var: +5.26%). Volume: 453,424 shares (daily MA: 663K). Good support in Simple Moving Average 50 days.
Stamps.com Inc. (STMP).- Price: US$ 24.58 (Var: + 5.09%). Volume: 780,000 Shares (daily MA: 483K). Its only one good day... for now.

Free Up Trend Stock Picks includes three stocks that have experienced daytime significant price Hikes. These stocks have been selected from a list includes stocks that have shown the best performance of the last 26 weeks.This means these are stocks with a medium-term upward trend.

Three Down Trend Stocks: PLCM - FWLT - YOKU

Yesterday, the market had its worst fall of the year. Our Stock Picks System has detected a large number of stocks that experienced fall very important. Also seen a deterioration in the techniques conditions of many of these. yesterday we said: "unlike last week, yesterday it was observed a decline in technical terms in a large number of stocks. This means that we are close to a major move in the market. O reacts and comes back up with force or we would see a correction."

Polycom Inc. (PLCM).- Price: US$ 18.05 (Var: -9.61%). Volume: 8.57 Millions of shares (daily MA: 2.74M). Good Fall with high volume. But is short term oversold.
Foster Wheeler Ltd. (FWLT).- Price: US$ 22.40 (Var: - 7.05%). Volume: 2.30 Millions of shares (daily MA: 1.50M). Fell for the third consecutive day. Next stop around US$ 20.00.
Youku Inc. (YOKU).- Price: US$ 23.96 (Var: -6.66%). Volume: 2.09 Millions of shares (daily MA: 2.59M). Good fall. Next stop around US$ 19.90.

Free Down Trend Stock Picks includes three stocks that have experienced daytime significant price falls. These stocks have been selected from a list includes stocks that have shown the worst performance of the last 52 weeks.This means these are stocks with a medium-term downward trend.

Apple - Will The Curse of the $500 B Club Sink Stocks?

By Simon Maierhofer | ETFguide

RELATED QUOTES

Symbol	Price	Change
AAPL	530.26	+0.00

^GSPC	1,343.35999	-20.97

^IXIC	2,910.32	+0.00

^DJI	12,759.15	-203.66

XLK	28.545	+0.00

537.54 is an important number for Apple. Why? $537.54 marks the level that pushes Apple into a very elite echelon, the $500 billion club. But size has been a curse and all previous members were kicked out of this club rather quickly. Thus far, Apple was only allowed to stay for three days. Here's why that's significant for every U.S. investor.

Apple has become huge and as Apple goes, so goes the market. For better or for worse. That's a bold statement, but here's just how integral Apple is to U.S. stocks in general and what headwinds the company is facing.

How Huge is Apple?

Based on market capitalization, Apple (NasdaqGS: AAPL - News) is the most valuable company in the world. With its recent surge in shares, Apple became the first company to be valued north of half a trillion dollars since ExxonMobil in July 2007.

As a comparison, ExxonMobil is valued around $390 billion. Microsoft's market cap is around $250 billion, Google's around $200 billion, IBM around $220 billion, and Wal-Mart around $210 billion. Since January 2007, AAPL has surged nearly 500%...read more.

Tips & News

Bernanke Seen Accepting Faster Inflation as Fed Seeks to Boost Employment
Fed likely to take wait-and-see stance next week
Solid job gains eyed in February
'End bank payday lending now,' consumer groups urge
Asian Central Banks Poised to Pause as Oil Adds Price Pressures: Economy
Australia GDP Grows at Half the Pace Economists Forecast; Bond Yields Drop
BRICs Top G-20 Rate Volatility While Mexico Mirrors ECB: Chart of the Day
EU seen posing fresh questions for Hungary
Athens, creditor group turn up heat on Greek bondholders
Oil rebounds on China demand outlook
Lehman emerges from 3.5-year bankruptcy
SocGen, Generali Join Greece Debt Swap
$7B swindle may keep Stanford behind bars for life
HSBC sells general insurance business for $914 million

Analysis: Greek default may be gift to other euro strugglers

By Mike Dolan

RELATED QUOTES

Symbol	Price	Change
MCO	37.35	+0.00

MS	17.32	+0.00

By Mike Dolan

LONDON (Reuters) - Greece's tortuous debt restructuring and threat of retroactive laws to compel reluctant creditors heaps regulatory risk onto investors but may make voluntary sovereign debt revamps more attractive and likely for other cash-strapped euro sovereigns and their creditors.

Thursday could mark a climax of the Greek debt workout with private creditors due to respond to an offer that would see them effectively write off more than 70 percent of the face value of their bonds in return for new debt with a series of sweeteners.

With Greek government bonds currently trading at less than 20 cents in the euro and the risk of a total wipeout if Greece decided to unilaterally refuse all payments, a majority will likely go for it. Legally-binding majorities are another matter... read more.

Tuesday, March 6, 2012

Mutual Fund Cashflows Suggest An Oversold Condition Prevails In Equity Markets

Seeking Alpha

Equity markets are more or less at multi-month highs but equity mutual fund flows are still negative! Isn't this a very bearish sign for stocks as they are moving higher on "thin air"? Contrary to popular belief this is actually a very bullish sign as it suggests that equities are increasingly being transferred to "strong" hands from "weak" hands. It also suggests that equities remain in an extreme oversold condition. Granted no indicator is perfect but from the graph below you will notice that oversold conditions in the market coincide with negative cashflows into mutual funds.

ICI Net Cashflows into Growth Equity Mutual Funds

Not until I see evidence of the average retail investor piling into equity mutual funds will I entertain the idea that equity markets are overbought. We have a long way to go before moms and pops get excited about the equity market and become fully invested in "risky" assets...read more.

News about our Portfolios

10 'Stocks of the Decade' Rise at Least 1,200%

By Lindsey Bell

NEW YORK (The Street) -- If you invested in the following 10 stocks 10 years ago and held on to them throughout the financial meltdown, you'd be the financial genius of the decade. Joy Global(JOY _), Priceline.com(PCLN _) andCliffs Natural Resources(CLF _) are among those that have risen the most. All of the 10 top-performing shares have turned $1,000 into at least $12,000.

Meanwhile, if that $1,000 would have been invested in the benchmark S&P 500 Index, it would have lost 19% of its value. Most of the decline would have occurred during the Great Recession, when the S&P 500 plummeted starting in the fall of 2008. The benchmark index is now at the highest level since summer 2008 as the U.S. and, now, Europe have adopted monetary policies to fuel a rally in riskier assets.

The top 10 stocks of the past decade represent a wide range of sectors. Energy firms and companies that offer unique products to their consumers have fared the best. Some could very well be great stocks to own over the next decade. Others will rely on trends in China or government regulation to mimic the growth they recorded in the past decade...read more.

Three Candidates for Longs: SCSS -PIR - CHRS

This week began with a fall in the market. While not appreciate a great movement, the situation was pretty bad for stocks that rose. Few stocks managed gains and these were quite small. Within our system detected, these were the best.

Select Comfort Corp. (SCSS).- Price: US$ 30.03 (Var: +2.42%). Volume: 1.12 Millions of shares (daily MA: 1.16M). New high but its overbought.
Pier 1 Imports Inc. (PIR).- Price: US$ 17.00 (Var: +2.41%). Volume: 2.01 Millions of shares (daily MA: 1.76M). One day reverse. Next top is US$ 17.44.
Charming Shoppes Inc. (CHRS).- Price: US$ 5.83 (Var: + 2.28%). Volume: 1.08 Millions of Shares (daily MA: 1.35M). Its only one good day.

Free Up Trend Stock Picks includes three stocks that have experienced daytime significant price Hikes. These stocks have been selected from a list includes stocks that have shown the best performance of the last 26 weeks.This means these are stocks with a medium-term upward trend.

Three Short candidates: PPO - PANL -FSLR

Yesterday, the market fell again. And again, the volume and volatility were low. However, our Stock Picks System detected several good short candidates. Unlike last week, yesterday it was observed a decline in technical terms in a large number of stocks. This means that we are close to a major move in the market. O reacts and comes back up with force or we would see a correction.

Polypore International Inc. (PPO).- Price: US$ 35.91 (Var: -9.73%). Volume: 6.93 Millions of shares (daily MA: 3.38M). New Low. Sine our last comment, this stock has dropped 12% and now go down.
Universal Display Corp. (PANL).- Price: US$ 37.980 (Var: - 6.75%). Volume: 1.43 Millions of shares (daily MA: 1.10M). Good fall but is short-term oversold. Next Stop around US$ 32.00
First Solar Inc. (FSLR).- Price: US$ 28.08 (Var: -6.46%). Volume: 10.97 Millions of shares (daily MA: 5.54M). Its oversold but new low its very important.

Free Down Trend Stock Picks includes three stocks that have experienced daytime significant price falls. These stocks have been selected from a list includes stocks that have shown the worst performance of the last 52 weeks.This means these are stocks with a medium-term downward trend.

Why China Is Suddenly Content With 7.5 Percent Growth

By Bruce Einhorn

For years, there’s been one constant for people talking about the Chinese economy: GDP growth would exceed 8 percent. It didn’t much matter what happened in the rest of the world—the U.S. and other export markets might be thriving or might be struggling, but China would grow at least 8 percent, year in and year out. The country needed to create enough jobs for the millions of young people entering the workforce every year, and the Chinese leadership decided that anything below 8 percent would put job creation in jeopardy. And the policy makers were consistent: The last time China had a growth target below 8 percent, George W. Bush was still in his first term and the Boston Red Sox still hadn’t broken the Bambino’s curse.

That magic, 8 percent number, though, is now history. At his annual address to open the National People’s Congress in Beijing, Chinese Premier Wen Jiabao on March 5 announced that the government has a GDP target of 7.5 percent this year. China hasn’t had a growth target that conservative since 2004... read more.

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Benjamin Graham Was A Crappy Hedge Fund Manager

Jack Bogle, the outspoken godfather of index funds and passive investing strategies, didn't approve of a recent Wall Street Journal article defending hedge funds.

In particular, he took issue with the author's reference to Benjamin Graham, the legendary Columbia finance professor who literally wrote the book on Security Analysis and mentored Warren Buffett.

Bogle wrote a letter to the editor. Here's an excerpt: Citing Benjamin Graham as the first "hedged fund" operator is an especially unfortunate example. "The trick," Mr. Rice writes, was Graham's "clever way to make money . . . whether it [the market] continued to rise, or started to fall." ...

Proposal for New Hedge Fund Fee Structure: 1% + 33% of Alpha

By The Big Picture

One of my pet peeves is the way that insiders -- whether corporate CEOs, hedge fund managers, or elected politicos -- capture compensation (or credit) for normal cyclical gains they had little or nothing to do with.

This is the approach favored by the Crony Capitalists — those people pretending to be free market participants, and who merely pretend to be creating value. They are taking credit for structural successes that would have occurred with or without them. What they are actually doing is capturing value, not creating it — and then transferring it from its true owners (shareholders/investors) to themselves.

This is wrong; it is legalized theft.

If you want to see a good example of how CEOs transfer shareholder wealth to themselves, a good place to start is Roger Lowenstein’s 2004 book, Origins of the Crash: The Great Bubble and Its Undoing. The section on CEO compensation is astounding; these guys were essentially getting wildly overcompensated for being CEOs during a bull market. The prime example was the CEO of Heinz, who gave himself (with the tacit approval of his Board of~~Crony~~ Directors) a $90 million bonus. And this was back in the early 1990s, when $90 million was real money.

Why Do You Want To Be A Hedge Fund Investor?

www.ritholtz.com

Earlier this year, Goldman Sachs Asset Management announced that it would launch a new mutual fund that — apparently — will bring the joy of hedge fund investing to the masses. For as little as $1,000, the Multi-Manager Alternatives Fund (GMAMX) allows mom-and-pop investors to put their life savings into some of Wall Street’s riskiest and most expensive products. This “fund of funds” will, according to its prospectus, let investors gain exposure to the trading strategies of hedge funds...

Public pensions fare well with hedge funds

Big public pension funds reaped strong returns from their hedge fund portfolios in 2012, with most of them handily surpassing their own benchmarks and well-used industry indexes. The hedge fund portfolios, for the most part, achieved close to what chief investment officers wanted, despite a 1,500-basis-point difference between the best and worst performers, according toPensions & Investments' analysis of the returns of 19 hedge fund portfolios from 17 U.S. public retirement plans with aggregate hedge fund assets of $60.7 billion.

Daniel Loeb surfing to the top of the hedge fund charts again

Something must be in the water over at 399 Park Avenue, where Daniel Loeb's hedge fund Third Point is headquartered. His Third Point Ultra fund has already gained 12.42 percent this year through the 13th of March, according to data from HSBC’s Private Bank.

The portfolio added 3.3 percent alone between March 1 and March 13. By comparison, hedge funds have returned about 4 percent year-to-date, according to HSBC.

The roughly $1.7 billion Ultra portfolio is a levered version of the firm’s flagship Offshore fund, which manages about $5.7 billion and has gained 8.5 percent over the same period. ...

CHART: Hedge Fund Gold Allocation Falls

After taking a cursory look at the recent 13-Fs filed by hedge funds, it became apparent that hedge funds were scaling back their exposures to gold. George Soros was among the big names that unloaded his position. According to Goldman Sachs' new Hedge Fund Trend Monitor report, hedge funds in aggregate scaled back big time.

Despite low turnover, hedge funds notably reduced holdings of underperforming long-time favorites Apple and gold while raising allocations to rallying Financials. For the first time in three years AAPL was not the top stock in our VIP list, instead ranking as the third most frequent top-10 holding... Continue to read.

10 Publicly Traded Hedge Funds That Pay a Dividend
Investing in publicly traded hedge funds is a great way for an investor to see returns through capital appreciation and dividend payments in the financial sector. When it comes to investing, many think of the process as a choice between growth and value stocks; you’re either taking on risk in search of capital appreciation, or you’re seeking out stable sources of current income through dividend payments. Luckily, Wall Street has many investment options and investors don’t have to make a clear-cut choice between capital gains and dividends. There are a lot of misunderstandings about dividend stocks out there; make sure you’re investing for the right reasons, check out 5 Common Misconceptions About Dividend Investing. ... Continue.

Hedge Funds Love These 3 Outperforming Semiconductor Stocks ...
Do you like to follow the buying trends of smart money investors? We ran a screen to find semiconductor stocks currently in favor by hedge fund managers. We began by screening the semiconductor industry for stocks that are rallying above their 20-day, 50-day, and 200-day moving averages, indicating that these stocks have strong upward momentum.
We then screened for those with bullish sentiment from institutional investors, with significant net institutional purchases over the last quarter representing at least 5% of share float. ... Continue.

10 REITs Absolutely Adored By Hedge Funds
After identifying the most popular stocks among hedge funds (see our full Top 10 here) according to their third-quarter 13F filings, we have decided to break down the top 10 REIT stocks that hedge funds love. The REIT industry, notably specialized REITs in hospitality and healthcare, should see positive growth from a rise in job growth and expansion due to freeing up of the credit markets. Our list includes 400 hedge funds and prominent investors that are required by the SEC to disclose their public equity holdings quarterly. In descending order, we have outlined the most-loved REIT stocks based on the aggregate number of funds owning each. ...Continue.

Apple Stock Hit by Panic Selling: 'Someone Yelled Fire'(Yahoo) Forget the "fiscal cliff." The real panic on Wall Street is over Apple's stock. Nearly every mutual and hedge fund has piled into Apple Inc. (NASDAQ:AAPL) during its spectacular rise over the past few years. Now, these same funds are scrambling for the exits as the stock goes through an equally spectacular decline. Apple plunged to a six-month low Thursday as funds rushed to take profits on the stock before it's too late. Shares are now off 25 percent since late September-shortly after the iPhone 5 launch and a month before the iPad Mini introduction. The stock, once up 74 percent on the year, is still up 30 percent for 2012. That's why Wall Street is getting out while it can. ...

Billionaire George Soros’s Latest Stock Picks (InsiderMonkey) George Soros is best known for the fortune he made shorting the British pound in 1992, but he currently invests a considerable amount of money in equities and so is required to report many of his long positions in 13F filings. We’ve gone through the 13F for the third quarter of the year and compared Soros’s holdings at the end of September to three months earlier. Read on for our impression of his moves and compare them to what he's bought and sold before. AIG. American International Group, Inc. (NYSE::AIG) became Soros’s largest 13F equity holding during the third quarter with a position of over 15 million shares being reported in the filing. A number of value investors have been getting into the insurer over the course of the year, and at a P/B ratio of 0.5 it certainly looks cheap compared to the book value of its equity. We also like its earnings multiples- it trades at 9 times forward earnings estimates- and revenue was up strongly in the third quarter compared to the same period in 2011. Fellow billionaire Dan Loeb had initiated a position during the second quarter of 2012 and we think that it still looks like a good buy for investors. ...

Duke Energy CEO Jim Rogers still facing issues as tough year nears an end (BizJournals) In late 2011, Jim Rogers seemed almost golden. He was about to close his last big merger deal. He was poised to take a corporate chairmanship tailored to his penchants for energy policy and reshaping the utility-business model. He was ready to bask in the spotlight of a national convention he’d helped bring to Charlotte. But by late 2012, it’s evident things have not gone so well. “It has been a year of challenges,” the Duke Energy Corp. chief executive concedes. “Nothing in life is perfect.” Dan Fogel, associate director of the Wake Forest University Business School’s Center for Energy, ...

Argo unveils emerging markets hedge fund (InvestmentWeek) Argo Group has launched an emerging markets hedge fund investing in bonds and currencies from a universe of over 40 emerging market countries. The Argo Local Markets fund aims to hold between 20 and 30 positions and has been launched with an initial $7m of seed capital. It will offer investors weekly liquidity and has a mandate to take on moderate leverage. Argo chief executive Kyriakos Rialas said: "The case for investing in emerging markets is compelling. ...

Argentina's President Is Making Great Political Theater Out Of Paul Singer Seizing The Country's Naval Ship(BusinessInsider) Cristina Fernandez de Kirchner is turning her feud with hedge fund manager Paul Singer into a political rallying cry in Argentina. The President has refused to pay Singer's firm Elliott Management the $1.3 billion it owes the fund after it defaulted in 2010. de Kirchner says it's because Singer was given multiple chances (in 2005 and 2010) to restructure, like other hedge funds did, and take a haircut to recoup at least a portion of their losses. Singer, needless to say, did not. Instead, he decided to capture one of Argentina's naval vessels as collateral, and got Ghana to give him an order to detain the ARA Libertad last month. ...

Tom Steyer New Investments
FARALLON CAPITAL Hedge fund billionaire into politics (DailyDemocrat) Hedge-fund billionaire Tom Steyer staked millions of his own money to take on big oil and then to close a corporate-tax loophole costing California $1 billion a year -- and won both times. Ever heard of him? Don't worry, you will. With his latest behind-the-scenes win at the polls as the man who stared down big business by standing up for Proposition 39, this Stanford MBA and top Obama fundraiser has become an out-of-nowhere big-time political player in California. So what does Tom Steyer want now? "I am an enormous lover of California and to the extent that I see something wrong, I will be involved in trying to fix it," Steyer, 55, said Monday. "What form that takes, I don't have a fixed idea." ...

This Hedge Fund Returned Nearly 25% Last Quarter
Artis Capital Management was a top performing hedge fund during the third quarter. Coming in with the fourth best Q3 performance, the fund’s picks had a weighted average return of 25.5% during the first half of the year, and returned 24.6% for the third quarter, boosting the fund’s year to date performance to 56.4%. Artis Capital was founded in 2001 and is a San Francisco-based hedge fund with a focus on public technology companies. ... Read more.

More ETFs Play Hedge Fund Copycat
What if you could emulate the actions of the most successful hedge fund managers for a fraction of what they cost? Two ETFs that debuted this summer are trying to do that by using public filings to replicate their portfolios. And a third, which launched early this month, promises to add another hedge fund dimension to ETF copycats by adopting what its sponsor calls the only true market-neutral strategy in the lot. Researchers have been trying to emulate hedge fund strategies since the 1990s ... Read more

BMW Pininfarina Gran Lusso Coupé.

BMW and Pininfarina are two of the most tradition-swathed names in the motoring world. Each is a byword for cutting-edge technology, style, dynamics and aesthetics. With the BMW Pininfarina Gran Lusso Coupé, the two

time-honoured companies are unveiling the outcome of their first collaboration at the Concorso d’Eleganza Villa d’Este 2013. The BMW Pininfarina Gran Lusso Coupé is a one-off and represents the exclusive interpretation of a luxurious BMW Coupé as seen through the eyes of Pininfarina.

...

All Time Record Gold Transactions Reported By LBMA

The precious metals have been weak again in May with gold falling 4.4% despite this weeks’ recovery. Silver is down 7% and platinum by 2.6%. Palladium has recovered from recent weakness and those who accumulated on weakness are set for the best month since November after it surged 6.6% in May.

Weakness in gold and silver is leading to robust demand internationally as store of value buyers accumulate gold and silver on this dip. This is particularly the case in Asia where premiums remain robust and supply demand imbalances remain. ...

6 Tips to Work From Home Successfully

The future of work is the work itself, not where and when the work takes place. Workplace flexibility programs are already catching on and will soon become standardized as more millennials enter the workplace. All workers, not just millennials,want freedom and flexibility and some are even quitting their jobs to becoming freelancers in order to gain that freedom. oDesk.com has 3.3 million registered freelancers, and Intuit predicts that by 2020, 40% of Americans will be freelancers. When it comes to working from home, 13.4 million people (9.4% of all American workers) work from home at least one day per week compared to just 9.2 million in 1997 according to one Census Bureau.

Today's top Green Energy Good News

Russia is funding research into powering its airplanes with solar energy. The airline industry is being hurt by high fuel prices, and solar-powered planes would not only be cheaper but also would remove a major source of carbon pollution that contributes to global warming.

Texas is set to double its wind energy generation from 60 gigawatts to 120 gigawatts in 2013.

Britain has made substantial investments in wind energy and its technology. British PM David Cameron is touting his country’s green expertise on his trip to India to promote trade with that country. ... Continue.

High-Dividend ETFs with Reasonable Valuations

Investors have picked over the ETF universe in search of any kind of yield in an extremely low-rate market for bonds. As a result, ETFs tracking many traditional high-yield sectors have been bid up to expensive levels, but there are still places investors can go for income without paying nosebleed valuations. “Unfortunately, valuations [for dividends, high-yield junk bonds, MLPs, and REITs] are approaching sky high levels in many instances as more investors fall in love with these products ... Continue.