A reader asked for my thoughts on the new All World ETF from StateStreet that trades under CWI. I have an article up on TSCM (free) if you are curious.
Another reader asked about buying stocks either before or after earnings. I don't see how gaming earnings can be anything but a guess. Granted some folks are in a better position to make a guess than other but still. One truthism of course is that there is less uncertainty after earnings but for the long term, who cares about one earnings report? Gaming earning is not something I ever do for clients. Every once in a while I have made a personal trade based on the reaction to earnings, so after the fact, but it has been a while since I have done that.
Propers to the gang at Wallstrip for the Businessweek nod.
I stumbled across a site with some otherwise difficult to find commodity charts called InfoMine.
Wikinvest Wire
5 comments:
Thanks for the infomine link. I just wish they did these charts in log scale.
btw, what are your thoughts on gold? Here's a long term chart for reference: http://stockcharts.com/charts/historical/djiagold1980.html - you'll need to scroll down.
Gold looks a lot like the 2000 stock market bubble imo.
Thanks for this link.
The one chart that caught my eye is Uranium. What is the best way to invest in Uranium? Do you feel its a long term bull market on Uranium?
Thanks
Roger, OT but not too much since this is an "Odds 'n ends' post, I just received a notice from DB (and since you own DBV I assume you got one two) concerning DBC and DBV's status as grantor trusts and realize I got things turned around when I previously commented regarding differences between DB's commodity ETFs and Barclay-backed ETN's (which includes the iPath DJ commodity ETN).
Both DB and Barclay's appear to be arguing for some tax advantage for their products but it is DB that is arguing their ETF should be handled as a grantor trust which means some portion of the return will be ROC rather than a straight 60/40 long-term, short-term capital gain.
It is Barclay's that is arguing their ETN is a contract rather than a bond with the former status meaning all gains can be deferred until the date of sale or until the contract terminates ('matures').
AFAIK the IRS has not ruled definitively on either of these issues so we shall see what we shall see.
Sorry for the previous confusion: I appear to be working this out as I go along, somewhat like DB and Barclays ;-0
RW,
I have not received this yet, maybe it went to my junk folder? To be candid, I own DBV in an IRA and as I have said I do not own it for clients so I am unlikely to be the first, or even the second guy to be on top if the tax issues with this.
The DB notification looked like a piece of junk snail mail (big post card) and almost went into the circular file. I own these guys in an IRA as well but am thinking that if either of their tax positions pan out that would add some where-held flexibility as well as offer some total return advantage in a taxable acct.
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