FMD Capital Management

Managing Risk In Stocks At All-Time Highs

Written by David Fabian, July 24th, 2016

The stock market has been on a tremendous run since the February 2016 lows.  The SPDR S&P 500 ETF (SPY) has now risen nearly 20% from that washout level and recently hit fresh all-time highs.  Second quarter earnings have largely been well-received, economic data is solid, and the Fed doesn’t seem in a hurry to spoil the party.  Read more

3 Risks to Consider When Buying Silver ETFs

Written by David Fabian, July 19th, 2016

If someone would have told you six months ago that silver ETFs are getting ready to soar, you would have probably laughed at them.  This is the same precious metal has endured wave after wave of lower prices over the past half-decade.  So much so that many investors have flat given up on the prospect of a meaningful rebound or the re-emergence of judicious inflation.

However, like so many other investments facing negative headwinds and extremely pessimistic sentiment, it found a way to disprove the masses.

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Teleseminar: Sensible Investment Strategies To Strengthen Your Portfolio

Written by David Fabian, July 18th, 2016

The stock and bond markets have kept many investors on their toes through the first half of 2016.  The tenor has been characterized by an extreme reach for yield and safety driven by falling interest rates.

In our opinion, this represents an important opportunity to evaluate how you are positioned with respect to key risks and opportunities.  Now is not the time to get complacent or to be chasing performance in stretched assets with diminished expectations for future returns. Read more

3 Value ETFs For A Surging Market

Written by David Fabian, July 16th, 2016

The stock market has now broken out to new all-time highs and many investors may be ill-positioned to take advantage of the latest surge.  Based on sentiment indicators, fund flows, and structural positioning the overwhelming momentum has been with defensive areas of the market.

The unrelenting decline in interest rates and grasp for yield has been a tremendous beneficiary to traditional safe havens.  Treasury bonds, utility stocks, REITs, low volatility indexes, and precious metals have all surged this year.  Read more