Today in the market, Monday July 28, 2008: The market fell about 2% today on worries on the financial sector front continue to weigh on equities. Advancing issues were swamped by decliners many more new lows than new highs. All in all a bleak picture.
RSI’s Themes: The two ETF/CEF funds that RSI picked are in the world/global income and energy sectors. And you though that there was a global slow down? RSI thinks not. RSI's stock picks are starting to uncover companies in the technology sector. Is that a new trend too? Time will tell.The falling knives favor foreign funds. Interesting too...
ETF/CEF Low Volatility:
- AWF - Alliance Wrld Dlr Govt II
ETF/CEF Medium Volatility:
- IXC - iShares S&P Global Energy Sector Index Fund
Stocks Medium Volatility:
- CHD - Church & Dwight Co, Inc.
- CSTR - Coinstar, Inc.
- FMX - Fomento Econmico Mexicano SAB
- GMCR - Green Mountain Coffee, Inc.
- PSEM - Pericom Semiconductor Corp.
Stocks High Volatility:
Stock Picks New to RSI:
- Coinstar, Inc. provides a range of solutions for retailers' storefronts, including self-service coin counting, entertainment services, and e-payment services.
- Ener1, Inc., through its subsidiaries, engages in the development and marketing of Lithium-ion batteries, fuel cells, and nanotechnology-related manufacturing processes and materials.
- Pericom Semiconductor Corporation engages in the design, development, and marketing of integrated circuits (ICs) and frequency control products (FCPs) used in advanced electronic systems.
ETF/CEF Catch a Falling Knife (CFK):
CH Chile Fund, Inc.
CSD Claymore/Clear Spin Off
EZA South Africa iShares
GAF SPDR S&P Emerging Middle East And Africa
PFN Pimco Floating Rate Strategic Fund
SNF Spain Fund Inc The
That's all folks....
