FMD Capital Management

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

Interest Rate Sensitive ETFs Add To Gains In October

Written by David Fabian, October 21st, 2014

The recent downward selling pressure in October is one that has investors searching for safe havens amid an uncertain economic backdrop. This effect has been magnified by multiple days of heavy volume and expansion of volatility that has only recently shown signs of abatement.

Not surprisingly, some of the strongest momentum areas have been trading vehicles that are directly correlated to a market sell off or volatility theme.   This includes funds such as the iPath S&P 500 VIX Short-Term Futures ETN (VXX) and ProShares UltraShort QQQ (QID). While these aggressive plays are one way to take advantage of a broad-based decline in equity prices, most investors won’t have the fortitude or discipline to trade these fast moving areas.

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Why BOND Still Might Be in a Class of Its Own

Written by Michael Fabian, October 17th, 2014

The over-publicized departure of Bill Gross from the fixed income goliath he founded roughly 30 years ago has brought about some interesting crosscurrents in recent fund-flow statistics.

Although the vast majority of the assets that departed the firm were domiciled in the flagship Pimco Total Return Fund (PTTRX), the smaller, actively managed ETF version Pimco ETF Trust (BOND) also experienced an exodus when the news finally broke. Read more