• Michael Lee
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  • August . August 2012 . Business . Gold as an investment . Investing . Precious metal . Price level . Support and resistance .

The $1,650.00 price level has proven to be a significant one for gold over the past year. In the summer months of 2012, while below this price level, the precious metal found strong resistance at this level, failing to break above it until late August, 2012. But since climbing above $1,650.00 last August gold has, once again, used this level as strong support. The precious metal has flirted with this support level a few times in the past two months…

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  • Michael Lee
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The healthcare sector has been performing significantly well as of late and has consistently outpaced the S&P 500 (SPDR S&P 500 Trust ETF: SPY). When comparing the returns of the healthcare sector versus those of the S&P 500, healthcare has dominated on all recent time frames, including one year, year to date (YTD), three month, and one month. Here is a detailed look of these returns: Shown by the graph below, the healthcare sector began to outperform the S&P 500…

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  • Michael Lee
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  • AWP . Business . Closed-end fund . FHY . FSD . HQH . HQL . Investing . Market price . Mutual fund . NAV . Net asset value . Share price .

A myriad of closed end funds (CEFs) took a big hit this week on the back of concerns about the fiscal-cliff and possible tax increases. This CEF sell-off, however, has not been a result of an overall decrease in net asset values (NAV) and, therefore, may present a buying opportunity for many funds. (The net asset value of a CEF is the total value of all the securities in the fund divided by the number of shares and, therefore, represents…

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  • Michael Lee
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  • DJIA . Dow Jones Industrial Average . Exchange-traded fund . Level . May . October 2008 . S&P 500 . Support and resistance .

Since the election, all major indexes have turned sharply downward on the back of unresolved "fiscal cliff" issues. The S&P 500 and the Dow Jones Industrial Average are now approaching areas of significant support, leaving many investors on edge. The S&P 500 is trading near support around 1,300. It was a fall through this support level that ignited the further crash in October, 2008. Since that crash, the S&P 500 managed to climb back to this significant 1,300 level in…

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  • Michael Lee
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  • Apple . iMac . IPhone . MacBook Pro .

When Apple, Inc. (AAPL) hit $700 after the release of the iPhone 5 in September many wise investors felt that the stock was overbought and ready for a correction. But an over 20% fall through significant support at the $600 price level has come as a bit of a shock to even the savviest of investors. So when will Apple, Inc. find support? Let's first remind ourselves that analysts are still confident in Apple, Inc.'s worth and maintain a $767.00…

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  • Michael Lee
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  • Business . Consumer price index . Gold . Gold as an investment . Inflation adjustment . Kitco.com . Precious metal . Silver . Time .

Gold and silver appear to be making their long-awaited comeback from their Q4 2011 fall. But do they have enough left in the tank to continue toward, and possibly surpass, their respective all-time highs? Let's take a look. Many believe that the price of gold and silver increases, historically. These charts, from Kitco.com, show this seemingly obvious long-term uptrend on a 10-year time frame: But as most savvy precious metals investors know, when adjusted for inflation, this picture looks much…

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  • Michael Lee
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  • Business . dcm . NTT DoCoMo . Performance . Services . Standard & Poor's . Telecommunication . vod . Vodafone . Wireless . Year-to-date . YTD .

The wireless communications industry is currently the top performing industry on both the three-month and year-to-date (YTD) time frames. The industry's three-month and YTD performances stand at 31.07% and 56.10%, respectively. The S&P, on the other hand, stands at a much lower 6.04% three-month return and a 14.86% YTD return.   Here is a graphical, YTD look at the wireless communications industry's performance versus the S&P:   Seeking value in a well-performing industry or sector can often uncover late bloomers,…

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  • Michael Lee
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  • Business . double top . Equities . Health . Investing . orders . Pivot point . Stocks and Bonds . Technical analysis .

That’s a great question.  A double top is generally an indicator of strong resistance.  As with all resistance indicators, I believe positions should be monitored a bit more closely near these areas.  At this strong resistance level it is generally likely that the stock will consolidate, then fall back downward as it did when it hit this resistance level previously.  Think of it as if the stock is underneath the ice of a frozen pond.  As it swims along, it…

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  • Michael Lee
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  • CEF . Closed-end fund . Exchange-traded fund . FSD . Funds . GOF . HHY . High-yield debt . Investment . Investor . Mutual fund . NCV . NCZ . PGP . PHT .

With the significantly negative market performance that surrounded our last election, investors are acutely aware of a potential increase in market volatility as the days pass by. Though the factors that affected our markets in 2008 are significantly less of a concern this time around, safer, well diversified investments are, in my opinion, becoming very attractive as this year's election approaches. In a search for safety and diversity, many closed-end funds (CEF) can offer both; as well as a consistent…

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  • Michael Lee
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  • Alternative investment . Business . Commodity . Dividend . ETFs and CEFs . Exchange-traded fund . Funds . Investing .

The research lists, "Inverse ETFs" and "Monthly Distributing Dividend Equities" are now available for download/purchase. The "Inverse ETFs" list is a list of over 150 inverse ETFs, compiled for an article written by Michael Lee on June 5, 2012.  This list includes inverse Alternative, Bond, Commodity, Currency, Equity, Multi-Asset, and Real Estate ETFs.  View the list here. The "Monthly Distributing Dividend Equities" list is a list of 69 equities that pay a monthly dividend, with dividends ranging from 1% to…

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