The illogical nature of investor psychology could fuel the next stage of the stock market rally, potentially pushing prices beyond fair-value range, according to Patrick Galley, manager of the RiverNorth Core Opportunity Fund (RNCOX).
Despite the 60% stock market rally since the March low, many consumers remain fixated on the immediate reality of unemployment, and that is preventing a lot of investors from participating in the rally, according to Kevin Mahn, chief investment officer with Hennion & Walsh Asset Management Inc.
While market watchers are delighted that the S&P 500 has climbed 62% from its March 9 low — and is up more than 20% for the year — many find the gains difficult to understand or explain.
To deal with the “Roth revolution” that starts next year, advisers' best tool may be a crystal ball.
Embracing the stock market's seven-month rally comes with some mixed emotions for Rodney Johnson, manager of the Dent Tactical ETF (DENT).
The Achilles heel of hedge funds — tax inefficiency — could soon send investors limping toward other options.
The elimination of the income limit on Roth IRA conversions starting next year could lead to a “Roth revolution,” according to David Polstra, a partner at the advisory firm Brightworth Private Wealth Counsel.
“Cash for everything” government stimulus programs will help the economy look better through the end of the year, but the positive numbers won't hold up through the first quarter of 2010, according to economist Marci Rossell.
Virtus Investment Partners Inc. has received shareholder approval to convert two funds of mutual funds using target risk strategies into more aggressive sector rotation funds investing in exchange-traded funds.
Energy continues to be the theme for Jerry Jordan, manager of the $110 million Jordan Opportunity Fund <a href=http://www.investmentnews.com/apps/pbcs.dll/section?q=jordx&INDA=1&crit=&SearchCategory=CHART%3BREG%3BFREE%3BSUB&SearchProfile=1119&symbol=&targetURL=http%3A%2F%2Fwww.investmentnews.com%2Fapps%2Fpbcs.dll%2Fsection%3Fcategory%3Dstocklookup&category=ETFLOOKUP&searchType=etf>(JORDX)</a>.
