FMD Capital Management

TELECONFERENCE: Managing Your Portfolio Without A Fed Safety Net

Written by David Fabian, October 29th, 2014

The recent Fed meeting indicated that they would follow through on their guidance to end quantitative easing measures in October. This should come as no surprise to investors that have been warned for some time that monthly asset purchases would taper and ultimately dwindle to nonexistence. Read more

How Long Will Equity Income ETFs Remain Strong?

Written by Michael Fabian, October 27th, 2014

With nearly every major index giving back the majority of its 2014 gains during the month of October, have interest-rate-sensitive stocks sidestepped the volatility altogether or have they merely postponed the inevitable?

Examining stocks and income ETFs — particularly of the utility, real estate and preferred types — it’s clear that a falling-rate environment has bolstered margins and investor confidence. In the backdrop of low relative yields and cheap long-term financing, expectations are for these assets to remain strong. After all, sector rotation and other active strategies rely on these areas for outperformance when traditional market-leading sectors such as energy or technology falter. Read more

VIDEO: October 2014 Chart Review

Written by David Fabian, October 23rd, 2014

In our monthly ETF chart roundup video, we take the temperature of the market in relation to its long-term trend lines. In addition, we profile several key international, commodity, and bond ETFs that are showing signs of opportunity and risk. The important themes to watch this month are large cap stocks, emerging markets, high yield bonds, and gold. Recorded after the market close on October 23, 2014. A log of our previous videos are posted here.

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Falling Crude Presents Opportunity for Retirement Portfolios

Written by Michael Fabian, October 23rd, 2014

Large integrated oil companies can act as great dividend opportunities for retired income investors, the trick is knowing how and when to own them.

Over the last several months crude oil has fallen nearly 20% to a spot price below $90 a barrel. Naturally this has put downward pressure on nearly every oil and gas name from equipment, to producers, explorers, and drillers. Gauging the energy complex using the SPDR Energy exchange-traded fund XLE, the sector has given back all of its gains on the year and is roughly 15% from its most recent high. Read more

Are You An Investor Or Trader?

Written by David Fabian, October 22nd, 2014

As an investment adviser, I run across all different kinds of stock market participants.  Some are investors, some are traders, and some are trying to do both.  While the majority of participants have clearly defined their role through experience or training, often times the cross over group gets themselves in trouble by trying to do too much with too little discipline.  Read more