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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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  • 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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  • Michael Lee
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  • DIA . Dow Jones Industrial Average . Exchange-traded fund . NASDAQ . PowerShares . QQQ . S&P 500 . SPDR .

The markets charged out of the gates at the beginning of the year and, as they tend to do, historically, began to lose steam in late April/early May. Since then all three major indexes, the S&P 500, Dow Jones Industrial Average, and the NASDAQ have all found resistance at the 1,400.00 level, 13,000 level, and 3,000 level, respectively. Here is a one year look at the S&P 500, Dow Jones Industrial Average, and NASDAQ indexes: Likewise, the SPDR S&P 500…

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  • Michael Lee
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  • Earnings per share . Exchange-traded fund . P/B ratio . Price to Sales . Return on equity . S&P 500 . Seeking Alpha . Telecommunication . Year-to-date .

The telecommunications sector is performing significantly well this year, with a year to date (YTD) return of 13.52%; over 5% above the S&P 500's (SPDR S&P 500 Trust ETF: SPY) 8.35% YTD return.   As shown by the YTD view on the graph above, the telecommunications sector began to outperform the S&P 500 in May and has continued to do so. Below is a further breakdown of this performance comparison along the different time horizons.   As telecommunications stocks continue…

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  • Michael Lee
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  • Closed-end fund . Exchange-traded fund . Gold exchange-traded product . Income trust . International Astronomical Union . IShares . Net asset value . SPDR Gold Shares .

After breaking above resistance earlier this year, gold has been using the $1,560.00 price level as support and has resisted falling below this level numerous times over the past few months. The commodity is currently lingering around this price, keeping gold investors on their toes.   Similarly, related ETFs like iShares Gold Trust (IAU) and SPDR Gold Shares (GLD) have also been teetering along relative support. As I enjoy the occasional closed-end fund (CEF) investment for their diversification and frequent…

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  • Michael Lee
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  • Dow Jones Industrial Average . Exchange-traded fund . Moving average . S&P 500 . SMA . Stock market . United States .

The S&P 500 recently broke support and is now-- as of this writing-- lingering just below its 200-day simple moving average (SMA). Though there is hope for our equities markets to stay strong throughout the year, a major break in support raises a big red flag. If the S&P 500 continues to fall, breaking its 200-day SMA, additional support will likely not be found until the index reaches the-- somewhat far off-- $1,200 level... Read the full article at: http://seekingalpha.com/article/640361-s-p-breaks-support-83-inverse-equity-etfs-to-use-as-a-hedge

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  • Michael Lee
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  • Business . Closed-end fund . Exchange-traded fund . Investing . Mutual fund . NAV . Net asset value . Trade .

I am a value investor and, when investing in stocks, I often seek out companies that appear undervalued. Closed-end fund (CEF) values can often be found in a similar fashion. The net asset value (NAV) of a CEF is the total value of all the securities in the fund divided by the number of shares and, therefore, represents the true current value of the fund. The market price of the fund, however, often varies from the NAV. When the fund's…

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  • Michael Lee
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  • Business . CEF . Closed-end fund . Exchange-traded fund . Funds . Income . Investing . Investor . Mutual fund . Net asset value .

The theoretical safety and predictability of mutual funds has, at times, attracted the conservative investor in me. But the actual transaction, unlike buying and selling stocks or ETFs, always left me wanting more excitement, more involvement. Closed-end funds (CEF), with their mutual fund-like management and their equity-like tradability, offer, in my opinion, a wonderful option for conservative, yet actively involved investors, like me. As CEFs pay out before-tax distributions to investors, they are also a great choice for those looking…

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  • Michael Lee
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  • Business . Exchange-traded fund . Investing . Investment . Investor . Market trend . Stock market . Stock Market Crash . Stocks and Bonds .

Some are calling the rally we have seen since the start of 2012 a bear trap, an insignificant bounce that will soon lose momentum and drive our markets down further. Extreme skeptics are even predicting that we will see a stock market crash in 2012 similar to that of 1929. Do I believe it? Not really, but I'm prepared for the worst, and you should be too. The success of great investors generally isn't due to an ability to predict…

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