Asset Management

The Treasury announced they will begin to inject capital (money) into banks, under terms created under the bailout bill.  This article will try to walk through, in English, what this all means. (…)

In one of my most recent posts I discussed the "ready to explode" product issued by brokerage firms called "auction rate preferred securities."
Well, that didn't take long. (…)

You may not have heard of the term "auction rate preferred securities."
Yet.
If you have not, you probably will soon. (…)

Ever heard of Bill Miller? He runs the Legg Mason Value Trust (LVMTX). Miller is literally splattered all over CNBC and other media outlets. (…)

Oh boy, these kinds of headlines are never good.
Two former Bear Stearns portfolio managers were arrested this week, not because they did a poor job of managing money. (…)

It appears that nearly everything written or said on Wall Street has an agenda behind it.
This is just a casual observation I've made over the past few months. (…)

The beauty of the Point & Figure chart is that the chart has no preconceived bias. (…)

I've labeled this “the yikes spiral” because typically this happens when certain markets are in free fall. (…)

One of Our Better Tools
We've got a tool we rely on here at Mullooly Asset Management called "relative strength." This tool simply tells us which investments are moving faster than the entire market, or moving slower than the entire market. (…)

 Mullooly Asset Management Podcast: Look at the Bond Market [3:32m]: Play Now | Play in Popup | Download

Look At The Bond Market
Hate being the party pooper, but I think it's important to remind people that when interest rates start to creep up, that's usually a sign that the party in the stock market may be taking a pause, or even coming to a close. (…)

 Mullooly Asset Management Podcast: Interest Rates are Rising [3:09m]: Play Now | Play in Popup | Download

Interest rates are on the rise. Why?
In my line of work, we never know the reason why certain events took place — until after they've occurred. (…)

I get calls from folks with money in the market, wanting to know if they're in "the right position" or are they still in "good shape" with current market conditions. (…)

Lots of people are buzzing because the Dow is at 13,000. Let me tell you, the return over the past six years from the Dow Jones is less than what you could have earned in a money market account. (…)

Friday was a wild day — market up 130 points.
Why?  Two reasons. (…)