It was a mixed week in U.S. markets with the Dow Jones down 0.93%, S&P 500 dropping 0.14% and the NASDAQ jumping 1.32%. The MCSI Emerging Markets Index fell 0.72%.
Big gainers in your Alpha Investor Letter portfolio were the Market Vectors Biotech ETF (BBH), which added 2.63%, the Guggenheim Spin-Off (CSD), which rose 1.26%, and the ProShares Ultra-Short 20+ Year Treasury (TBT), which jumped 1.12%.
Despite the market sell-off in t
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: