GOLDMAN 1Q EARNINGS SURPASS WALL STREET ESTIMATES – RSI PICKS A FLOOD OF BOND FUNDS
Posted on April 13, 2009 at 17:51 PM EDT
Today in the market, Monday, April 13, 2009 : Thanks to leadership from financial stocks, the stock market reversed an early 1.3% decline to finish with a modest gain. Weakness was widespread and trading was listless in the early going. Financial stocks had been among the session's worst performing sectors in the first few minutes of action, falling as much as 2.7% as traders took profits following the strong gains that financials registered late last week. However, buyers provided support by buying the dip in financials, as has been the case in recent weeks. (headline & commentary courtesy of briefing.com) ETF/CEF Low Volatility: AGG - iShares Lehman Aggregate Bond Fund BIL - SPDR Lehman 1-3 T-Bill BIV - Vanguard Intermediate-Term Bond BLV - Vanguard Long-Term Bond BWX - SPDR Lehman International Treasury Bond ETF CFT - iShares Barclays Credit Bond Fund FXF - Currency Shares Swiss Franc Trust IEI - iShares Lehman 3-7 Year Treasury Bond SHY - 1-3 Year Treasury Bond Fund (Leh) iShares TIP - iShares Lehman TIPS Bond Fund ETF/CEF Medium Volatility: FXE - Currency Shares Euro Trust TLT - 20+ Year Treasury Bond Fund (Leh) iShares UDN - PowerShares DB US Dollar Index Bearish Fund ETF/CEF High Volatility : EPD - Enterprise Products Partn ETF/CEF Discussion: Please read the note below. An important announcement about RSI. Due to my wife’s pending surgery and hospital stay this blog will be spotty for the next two weeks. I will have limited, if any time to spend on the production of this blog. I’m unsure as to my blog schedule. Please bear with me and check to see if there are any new postings. Thank you for your patience.