FMD Capital Management

Growth Investing

ETF Trading: Heartbreaks And Home Runs

Written by David Fabian, August 26th, 2015

Nearly every week on the blog I tout the benefits of ETFs in our investment portfolios.  In my opinion, their low-cost, liquidity, transparency, tax efficiency, and global reach make them one of the best tools for growing your wealth.  Nevertheless, they can also provide bouts of heart stopping volatility during fast moving markets. Read more

Should You Own Small Cap ETFs?

Written by David Fabian, August 19th, 2015

Small cap stocks were one of the strongest areas of the market in the first half of the year and have recently seen much of their gain for the year erased. Growth investors are typically emboldened by periods of strength in smaller companies because they have traditionally been leaders during bull markets. Nevertheless, the recent weakness is a concern and should be noted as significant divergences are popping up throughout the broader market.

Let’s examine where we stand today and some potential scenarios that could develop…. Read more

S&P 500 (SPY): Decision Time For Trend Followers

Written by David Fabian, August 13th, 2015

Today marked the first time the SPDR S&P 500 ETF (SPY) broke below its 200-day moving average in 2015. We came close in early July, but managed to escape a full-fledged dip below the long-term trend line. Nevertheless, it is decision time for trend followers that use this metric as a guidepost for buy and sell triggers.

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Steep Declines Have Created Deep Discounts In These 3 ETFs

Written by David Fabian, August 12th, 2015

The impact from price deflation in commodity-linked industries has continued its path of destruction in 2015. Despite flat performance in the SPDR S&P 500 ETF (SPY), many niche ETFs driven by energy, precious metals, and other natural resources have fallen by the wayside.

For instance, plunging gold prices have dragged down the Market Vectors Gold Miners ETF (GDX) by over 25% at the low of the year. A recent rally has recovered a portion of those losses. Yet many other industries have experienced even steeper declines that make gold miners look like a walk in the park.

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5 ETFs That Could Find A Home For PYPL

Written by David Fabian, July 30th, 2015

Investors were treated to the news this month that PayPal Holdings Inc (PYPL) would be spun off from Ebay Inc (EBAY) to create a massive $45 billion stand alone company.  The fervor surrounding the successful IPO, alongside a valuation surpassing its parent company, makes for an interesting investment case.  While some may choose to own the stock directly, others may be seeking to integrate this theme in their portfolio through a diversified exchange-traded fund.

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