Thursday, October 13, 2011

Personal Finance Daily: Wall Street's early Halloween treat ...

By MarketWatch

Don?t miss these top stories:

Got your costume picked out? Shopping for spooky decorations and treats? Well, investors may be celebrating the season a little early, too, as Mark Hulbert reports in his column today on the venerable ?Halloween Indicator.? The stock market?s impressive strength since the beginning of October is leading at least some to wonder if it?s kicked in early this year, he writes. The indicator is also known as the ?Sell in May and Go Away? strategy. Take a look at Hulbert?s column on the historical data behind the pattern and what two market-timing investment services say about this season.

Also in today?s Personal Finance section, Amy Hoak reports from the Mortgage Bankers Association?s annual convention in Chicago. Read her story on the happenings both outside the Hyatt Regency ? protests by various community groups ? and inside, where bankers say they are working on ways to repair the struggling housing market. Hoak reports that while most of the protesters were from community groups, Rep. Jan Schakowsky, a Democrat from Illinois, joined in. ?I?m showing solidarity with these people who are saying what needs to be said: ?It?s the inequality, stupid,? ? Schakowsky said, voicing sympathy for those losing homes and jobs. ?One out of four homes in Chicago is underwater,? Schakowsky said. ?The banks we bailed out are not helping these people whatsoever.?

?
Anne Stanley
, Managing Editor, Personal Finance

Wall Street?s early Halloween Party

Halloween is still three weeks away. But the stock market?s impressive strength since the beginning of October is leading at least some to wonder if the venerable ?Halloween Indicator? has kicked in early this year.

Read more: Wall Street?s early Halloween Party.

Protesters rally at mortgage bankers? convention

A gathering of protesters from a variety of community groups congregate outside the Hyatt Regency late Monday, as more than 2,100 people in the mortgage-banking field attend their industry?s annual convention.

Read more: Protesters rally at mortgage bankers? convention.

Why annuities aren?t right for my mom

With the markets in turmoil, more investors are seeking ways to guarantee an income stream in retirement. MarketWatch?s Jennifer Openshaw, seeking to help out her mother, takes a look at annuities versus bonds.

Read more: Why annuities aren?t right for my mom.

College-saving plans shift to keep parents from becoming dropouts

Just as they may face another market-driven exodus, several states are making changes to their college-savings plans, hoping to keep parents calm and invested.

Read more: College-saving plans shift to keep parents from becoming dropouts.

Source: http://www.clearingandsettlement.com/2011/10/personal-finance-daily-wall-street%E2%80%99s-early-halloween-treat/

starship troopers starship troopers harry shum jr workaholics workaholics the rum diary new iphone 5 release

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.