Leveraged ETFs and their increasing criticism
July 29th, 2009

Last week Edward Jones said that it will stop selling leveraged ETFs. This Monday UBS (UBS Wealth Management Americas)  announced that it has suspended the purchase of leveraged and inverse ETFs for its wealth management clients. Both firms cited the short-term nature of these securities as a reason. The State of Massachusetts has also launched [...]

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Apple – a Fundamentally Sound Growth Story
July 21st, 2009

Apple reported its third quarter earnings today. As always, it surpassed all expectations and estimates. Apple continues to prove that recession has negligible effect on its amazing performance. COO Tim Cook actually mentioned on the earnings call that they were unable to meet the high demand for iPhones and Macs. Apple sold 5.2 million iPhones [...]

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When Stocks Split…
July 19th, 2009

On June 30 2009, AIG shares were trading at $1.16 at the market close. Let’s say you bought 1000 AIG shares on Tuesday. Your total investment was $1160. Next morning (Wednesday, July 1st 2009) you wake up, turn on the television and notice that AIG’s price is now $23.20. Whoa! You made $22,000 in one [...]

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