Today in the market, Monday, June 08, 2009: Stocks had been under pressure for nearly the entire session as many participants began to question whether the run up by stocks in recent weeks has become overextended and whether positive economic news has already been priced into stock prices. (headline & commentary courtesy of Yahoo Finance)
ETF/CEF Low Volatility:
- BIL – SPDR Lehman 1-3 T-Bill
ETF/CEF High Volatility:
- GML – SPDR S&P Emerging Latin America
- PHB – PowerShares High Yield Corporate Bond Portfolio
ETF/CEF Discussion: Not much to say about these rather conservative, neutral picks by RSI. I do like PHB, it has some good numbers. Yahoo ranks this fund as vulnerable to interest rate risk. We shall see. Catch you tomorrow.
