Who Knows?

The Shadow knows. Remember him? It seems a shadow has a firm grip on this stock market. Since the terrible break in mid-April we had a rally and then a decline. Trying to choose a suitable stock or mutual fund has been like grasping at shadows.

Two great Wall Street gurus, Elaine Garzarelli who manages multimillions of investors' dollars and George Soros, king of the hedge funds, each have a different take on the future.

Elaine thinks the Dow Jones Industrials will be at 12,000 to 12,500 by the end of the year. Big George says we are in a bear market and must be very careful where to invest money right now. Another pundit I saw on CNBC whose name I can't remember made a very good case for a trading range for the next several months.

Let's examine the psychology of the majority of investors at this moment in time. Almost every one of them has been beaten with a large stick and big paper profits have been taken from their wallets. They haven't really lost anything, but their enthusiasm for putting more money into the market has been greatly diminished. Most of the financial columnists and talking heads are saying this is a time for caution. The old "buy the break" conventional wisdom seems to have disappeared. How is this going to affect the entire market?

It takes more buyers than sellers to put the market up. That takes conviction and enthusiasm, both of which seem to be lacking. Until the little investor gets back his confidence it makes sense that this market has more chance of going sideways than of making any new contract highs.

There is so much bearish sentiment about what Mr. Greenspan is going to say next week that it may turn into a nonevent. In fact because of all this negative sentiment whatever he does may already be factored into the market. Even if it is a sharp interest rate increase the market may throw it off and move up much to everyone's surprise. A negative event followed by a market rise is quite bullish as we saw from the unemployment number on Friday. That 3.9% unemployment number should have made the market go down, but it went the other way. We could be in for a rally this week.

I believe that if a stock or mutual fund is not going up with a strong momentum you should not buy it. Right now almost all mutual funds are going sideways. There is plenty of time to get invested so the best thing to do is wait until a definite upward trend is established and then buy it.

Since none of the great market mavens can agree then who must you rely upon? You know. You must reply upon your own judgment. Not a broker, not a banker, not an economist, not the guy on CNBC. You. Your guess is just as good as anyone else. You.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

1-888-345-7870; [email protected]

In The News:

Why you should invest in multi cap mutual funds  Economic TimesMany advisors are recommending multi cap funds in the current environment to investors.
What India's biggest mutual funds bought and sold in July  LivemintInvestors in Indian equity mutual funds bought more last month, unfazed by the selloff that saw the nation's $1.9 trillion market log its worst July in 17 years.
Top 30 stocks that fund managers bought & sold in July; do you own any?  MoneycontrolMutual funds net bought Rs 14,846.75 crore worth of shares last month. Their inflows into equity funds also improved to Rs 8,113 crore in July, rising nearly 6 ...
Is it time to stop investing in equity mutual fund schemes?  Economic TimesIt is difficult to predict the market but many pundits feel it clearly needs some firm signal from the govt.
Mutual fund investors keep faith in stocks despite market rout  LivemintMumbai: Investors in Indian equity mutual funds bought more last month, unfazed by the selloff that saw the nation's $1.9 trillion market log its worst July in 17 ...
Diversify your portfolio by investing a portion in US-focused mutual funds  MoneycontrolDeveloped markets such as US have delivered significant returns over market cycles.
When equity mutual funds offer negative returns, here’s what you do  Economic TimesThe need of the hour is to stay insulated from the panic in the market.
Invest in reliable outperforming mutual funds: Here are 8 of these  Economic TimesThese funds tend to score well on risk-adjusted metrics and hold dependable stocks in their portfolios.
Fund managers bet over Rs 8.5K crore on these 6 stocks in July; do you own any?  MoneycontrolFund managers added large-cap private banks, utilities, energy and select FMCG names.
L’Affaire CG Power a pain point for Yes Bank and mutual funds  Economic TimesSome of Indias biggest mutual funds hold substantial stakes in Gautam Thapars CG Power.
Motilal Oswal NFOs may suit investors keen on passive mutual funds  Economic TimesFour index funds tracking Nifty 500, Bank Nifty, Nifty Midcap 150 and Nifty Smallcap 250 are currently open for investments.
MFs, FIIs bought these 16 stocks consistently in last 1yr; what should you do?  MoneycontrolThe market has tanked since the budget on July 5. Investors have lost about Rs 12 lakh crore in terms of market capitalisation on the BSE since then. The freefall ...
Hot and Cold Stocks of Mutual Funds in July 2019  MoneylifeIn July 2019, IndusInd Bank and ICICI Bank were the most preferred stocks of Indian mutual funds.
Is it time to switch to index mutual funds?  Economic TimesBy Rishabh Parakh It is one of the hottest topics debated these days: is it time for mutual fund investors to switch to passively-managed index funds from their ...
What 401(k) Investment Rules Are You Following To Get You Through Retirement  ForbesWhile you may have excepted your employer's default 401(k) investment, is it right for you? Are there alternative choices that are better for you?
Charticle: Top stocks that FPIs, MFs bought and sold during June quarter  Business StandardEquity markets witnessed some sharp upmove in the first half of the calendar year 2019 (CY19), first on the anticipation of the return of the Narendra Modi-led ...
Mutual Fund Update: Stocks that attracted fund managers in July 2019  Dalal Street Investment JournalIf we look at the June 2019 data, we find that the financial sector was the one that was on top of the buying done by the fund managers. Even in the month of July ...
Value mutual funds have given good returns over long term but can underperform in short term  Economic TimesOver the years, the benefits of value investing have been espoused by several market gurus and fund managers. Discussions around this investing philosophy ...
Low hanging fruits? Stocks top money managers bought all through jittery July  Economic TimesAsset under management of the mutual fund industry inched higher to Rs 24.53 lakh crore in July despite a harsh selloff in the domestic equity market, data from ...
Equity mutual fund managers buy the dip amid a huge downturn in market  Business StandardDomestic money managers lapped up shares of several companies amid a huge downturn in the market last month. Equity mutual funds (MFs) bought shares ...
Step up your SIPs in these mutual funds to benefit from the market correction  LivemintAn SIP will automatically accumulate more units in corrections such as the present one.If you wish to cautiously take advantage of the market correction, stick to ...
Sebi wants MFs to invest only in listed securities  Economic TimesSebi said it has also decided to give flexibility to MFs to invest in unlisted NCDs up to a maximum of 10% of the debt portfolio of the scheme.
Mutual fund investors showing great appetite for assuming risk: Dhirendra Kumar  Economic TimesOne would have thought that new investors who came into mutual funds will be running away. But they are getting into riskier category of funds and the scale of ...
How to build a corpus of Rs 5 crore in 25 years?  Economic Times" Balance the risk-reward ratio by opting for a well-diversified bag of equity and debt funds to achieve your target corpus."
MFs play safe, exposure to top 10 Nifty stocks highest in ten years  Economic TimesET Intelligence Group: It's rather lonely at the top. As vast segments of India's equity markets continue to reel under unremitting pain, mutual funds are gravitating ...
Forget stock market! Gold, silver delivering better returns in 2019  Business TodayInvestors who put their hard-earned money in traditional avenues such as gold and fixed deposits (FDs) are in a better position this year as compared to those ...
Explainer: What is dragging the stock market lower?  MoneycontrolOther than a handful of Nifty stocks, which have risen sharply, the rest of the market has been under pressure for some time now. So the downtrend in prices has ...
Saurabh Mukherjea of Marcellus Investment is positive on these blue-chip stocks  Moneycontrol.comSaurabh Mukherjea, founder and chief investment officer at Marcellus Investment, spoke to CNBC-TV18 about the economic slowdown and how investors ...
MFs keen on consumption pie switch to ‘low-ticket’ players  Economic TimesET Intelligence Group: India's consumption industry is now negotiating a rather tricky bend. For a period of time, sales of high-ticket or high-value products ...
Even in a tough year, two in every three midcap funds beat the benchmark  Economic TimesIn a tough year for midcap stocks, when the S&P BSE Midcap Index lost 11 per cent, mid-cap funds fared pretty well, with 14 out of 21 mid-cap funds staying ...
India is still a stock picker’s market, but investment horizon should be 5 years  MoneycontrolIndia is still a stock picker's market and there is scope for active management, and for fund managers to deliver alpha over the long term. says Sampath Reddy.
An evening walk down D-St: Massive sell-off drags Sensex, Nifty lower by almost 2%  MoneycontrolSensex and Nifty suffered losses for the third consecutive day on August 22 as across-the-board sell-off pushed them lower. Ending at the lowest level since ...
Mutual Fund Trend: Infosys, REC and UPL among most sold stocks by MFs in July  Zee BusinessMutual Fund Report: Domestic equity mutual fund inflows continue to show resilience despite market volatility, with July inflows touching Rs 73 billion – a 9M ...
Mutual funds lapped up financials, IT among largecaps in June; shunned state-run energy cos  Economic TimesMumbai: Mutual funds mostly lapped up financials and software services stocks in June, even as they shunned energy companies within the largecap universe.
Nearly 100 fund managers sell entire stake in Yes Bank in last 1 yr; what should you do?  MoneycontrolIn the last one year, about 100 mutual fund managers have completely sold their stake in Yes Bank. In June 2018, 227 mutual fund schemes had Yes Bank in ...
Is Fidelity Nasdaq Composite (FNCMX) a Strong Mutual Fund Pick Right Now?  NasdaqThere are plenty of choices in the Index category, but where should you start your research? Well, one fund that might be worth investigating is Fidelity Nasdaq ...
Investors are pulling billions out of Chinese stocks and the bleeding is unlikely to stop anytime soon  Business InsiderInvestors are pulling billions from China's stock market as political turmoil weighs on economic growth and tariffs hurt Chinese shares. Just shy of...
ITI Mutual Fund mulls slew of scheme launches in next few months  MoneycontrolThe fund house which began its operations with the launch of ITI Liquid Fund and ITI Multicap Fund in April 2019 and ITI Long Term Equity Fund in July 2019 is ...
Slowing Share Buybacks Remove a Pillar of Stock Market  The Wall Street JournalU.S. corporations are repurchasing their own shares at the slowest pace in 18 months, a potential sign of more volatility as the buyback bonanza from the ...
Investors Are Usually Wrong. I’m One of Them.  The New York TimesForget about getting everything right. Most people are so consistently wrong that merely avoiding major errors is enough to set you apart from the pack. That is ...
The Mutual Fund Show: Crisil's Ranking Of The Best Schemes After June Quarter  BloombergQuintMutual fund houses managed more money in the quarter ended June as investors turned upbeat after Prime Minister Narendra Modi returned to power with an ...
Largecaps top AMC's shopping list in 2019; midcap, smallcap stocks see selling  Moneycontrol.comLargecap stocks have been the preferred pick of the top 10 asset management companies in 2019 as assets under management in largecaps increased 2.9 ...
Explained: What is mutual fund NFO?  LivemintIn an NFO, you can subscribe to the units of the new fund, which is being launched, at an offer price which is usually set as ₹10.After the NFO, an open-ended ...
Fund of Funds is a better fit for DIY investors  MoneycontrolThe budget had nothing much for mutual funds to talk about. But there is one provision that is likely to bring some cheer to a certain category of mutual ...
Q1 impact: Brokerages upgrade these 10 stocks, expect double digit returns  MoneycontrolThunuguntla said stocks in non-banking sectors have been languishing that reflects the impact of a slow economy.
Growth Stocks Drive This American Century Mutual Fund To Outperform  Investor's Business DailyWant a fund that beats the broad market, and owns leading growth stocks like Alphabet, Amazon and Facebook? Check out American Century Ultra Fund.
3 Dimensional Funds for a Steady Portfolio  NasdaqDimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants,.
FIIs, mutual funds bought these stocks in June; do you own them?  CNBCTV18Overseas investors purchased non-banking financial corporations (NBFCs) and telecom stocks in the month of June, which saw a net outflow of Rs 16000 crore ...
Worst July in 17 years for Indian stocks dims hope for revival  LivemintMumbai: Indian stocks just suffered their worst July in 17 years, and if history is to be believed, there is little hope that August will be much better. The S&P BSE ...
Negative-yielding bonds do not mean negative-yielding bond funds  MarketWatchA thought experiment from an analyst shows that there may be some appreciation in bond funds.
Top 5 ELSS funds to invest in to get better returns  The Financial ExpressTo avoid duplication, choose ELSS schemes with varying portfolio allocations across different sectors, market capitalisation and stock holdings.
We Rank the Online Brokers  Kiplinger's Personal FinanceNo broker can hit the bull's-eye for every type of client. Use our results to find the best one for you.
Stocks: Companies Slow Down Buybacks — WSJ  Morningstar.comS&P 500 firms cut share repurchases by a projected $40 billion in second quarter. By Jessica Menton. This article is being republished as part of our daily ...
Lockheed Martin Stock Joins Breakout Index As Northrop, Heico, L3 Show Strength  Investor's Business DailyTop funds invested $107 million in Lockheed Martin stock, sparking a 22% as it joined the IBD Breakout Stocks Index. Northrop and Heico also got big buy-ins.
Best Online Brokers, 2019  Kiplinger's Personal FinanceOur 2019 online broker ranking recognizes that no brokerage can hit the bull's-eye for every type of client, but we'll help you find the best one for you.
The Services Offering Free Stock Trading  KTVATrading stocks in a brokerage account can be a great way to grow wealth alongside the money you may be investing in a 401(k) or individual retirement account.
Why picking the right mutual fund is key in a tough market  LivemintWhy have mutual fund (MF) returns fallen? Mutual funds primarily invest in equity (stocks) or debt (bonds). On the equity side, mid and small cap MFs have given ...
Top 10 stocks that mutual fund managers bought and sold in March 2019  Moneycontrol.comData for equity flows into mutual funds for March came as a breather after a weak February. An increase in net inflows in equity and income category led to the ...
MF shopping list: Top 30 stocks that fund managers bought & sold in June  MoneycontrolMutual funds increased allocation to private banks, consumer, utilities, technology, NBFCs, retail, metals and PSU bank stocks in June, an ICICIdirect report said.
What India's three largest mutual funds bought and sold in June  LivemintInflows into Indian equity mutual funds jumped the most in three months in June.India's top money manager HDFC Mutual Fund held $22 billion in equities.
Consider investing in direct stocks only if you can monitor portfolio proactively  LivemintDirect stocks can be considered if you have the ability to do research to identify the stocks to be bought as well as to be sold.You should be revisiting your ...
Sensex's rise from 20K to 40K: 5 lessons for equity mutual fund investors  Economic TimesWe look at some critical lessons that equity fund investors learnt during the journey of Sensex reaching 40K.
Should you invest in international mutual funds?  LivemintIf you were to sort all equity mutual funds available for retail investment by their one-year performance, international funds would come on top. The best ...
Mutual funds’ exposure to this space at all-time high; should you buy?  Economic TimesMoney managers on Dalal Street continued to shower affection on private banks for the ninth successive month as their exposure hit 19.90 per cent in June, ...
What India's top three mutual funds bought and sold in March  Economic TimesIndias largest money manager held 1.5 trillion rupees in equities.
A young investor’s guide to mutual funds  Economic TimesMany young investors, who are barely a year or two old in their career, are eager to start investing in mutual funds. ETMutualFunds.com receive many queries on ...
Here are a few mutual funds that stocked up on YES Bank in Q4FY19  Business StandardShares of YES Bank tanked 30 per cent in trade on Tuesday, after the bank reported a massive Rs 1,507 crore loss in the fourth quarter of financial year 2018-19 ...
All you need to know about liquid mutual funds  Economic TimesThe NBFC crisis has brought liquid funds back in favour as they carry lower risk than corporate FDs.
Govt increases limit to disclose investment in stocks, mutual funds for employees  Moneycontrol.com*Service* rules say no government servant shall speculate in any stock, share or other investment.
Mutual fund SIPs don't make equity investing risk-free. Here's why  Economic TimesSIPs do reduce the risk of market timing & allow investors to buy more units when their price falls.
Index mutual funds see 60% jump in assets in a year as actively managed funds struggle  Economic TimesIndex mutual funds — a category that aims to mimic returns of benchmarks, like Nifty or Sensex — have seen their assets surge 60% over the past one year as ...
Mutual funds shooting themselves in the foot?  Economic TimesWhat if banks take a leaf out of Kotak and HDFC Mutual Funds' decision to direct investors to come another day to get their money instead of paying them on the ...
What top mutual funds bought and sold last month  LivemintMumbai: Inflows into Indian equity mutual funds in January were the smallest in two years as heightened market volatility and political uncertainty cooled ...
Actively-managed large cap mutual funds poised for a comeback  Economic TimesDefying predictions of their imminent irrelevance, some actively-managed large cap mutual fund schemes have bounced back to the top of the return chart.
Are you thinking of investing in small and mid cap mutual funds? Here is some advice from fund managers  Economic TimesMutual fund investors have started flocking to mid cap and small cap schemes once again. According to AMFI data released on Monday, the mid cap mutual fund ...
What India's top three mutual funds bought and sold in May  LivemintInflows into Indian equity mutual funds in May rebounded from the smallest in 31 months as Prime Minister Narendra Modi's comfortable electoral win spurred ...
Can mutual funds give multibagger returns like stocks?  Economic TimesStocks can be multibaggers. They can offer extraordinary returns in a very short period. Can mutual funds ever do that? This was a question thrown at Rajeev ...
Stick to MFs if you lack knowledge on stocks  LivemintWhile equity is surely the way going forward considering your age and the financial goals, how you buy in equity is important.Direct stocks work very well if done ...
Mutual funds or direct equity investment – which is better?  Economic TimesOne big question that often dogs investors is which investing option should they opt for: mutual fund or direct equity? Katalyst Wealth's Ekansh Mittal ends your ...
Why do wealth managers recommend multi cap mutual funds?  Economic TimesMany wealth managers believe multi-cap funds are a good starting point for long-term investors, specially those using SIPs for wealth creation.
Should you invest in algorithm-based quant mutual funds?  Economic TimesQuant funds work on a data-driven model that relies on a mix of parameters and algorithms to identify the right stocks at the right time. But can they beat actively ...
MF portfolio doctor: Babji needs to exit direct investments in stocks, take mutual funds route  Economic TimesThe Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals.
How income from stocks and mutual funds are taxed for an individual  Moneycontrol.comCapital gains from transfer of unlisted share are considered as STCG where period of holding is less than or equal to 24 months, and LTCG when holding period ...
Investment limits Sebi prescribes for mutual funds  LivemintIn case of unrated debt instruments, a mutual fund cannot invest more than 10% of the portfolio in a single issuer and 25% in all such securities.In case of listed ...
Top 25 equity mutual funds failed to deliver positive returns in June  Economic TimesNEW DELHI: Top 25 mutual fund schemes, managing retail money in excess of $1 billion (Rs 7,000 crore) each, failed to deliver positive returns in June.
Top 8 most common mutual fund investing mistakes and how to avoid them  Business StandardMutual funds garnered Rs 8,022 crore of its assets by way of SIPs in December 2018, 29 per cent higher than the previous year | Illustration: Binay Sinha ...
What to do if your mutual fund scheme earns more return than your investment  Economic TimesAre the returns shown in your mutual fund account statement same as the returns delivered by your fund? It is quite likely that you might have earned less than ...
Best mutual funds to invest for five years  Economic TimesIf you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
First-time investors can look at these mutual funds for long term  Economic TimesInvestors, who were waiting on the sidelines for the uncertainty to recede, are now looking to deploy their cash. But, valuations remain steep.
7 stocks most favoured by mutual funds over last one year  Economic TimesAs the markets hit a speed bump, stocks favoured by mutual funds appear to be safer bets.
Equity funds record highest ever exposure in banking stocks in March 2019  Business TodayAs per the latest data available from the SEBI, overall deployment of equity funds in bank stocks grew around 52 per cent year-on-year (y-o-y) in the month ...
Top 30 stocks that fund managers bought & sold in March; do you own any?  Moneycontrol.comData for equity flows into a mutual funds for March came as a breather after a weak February. Increase in net inflows in equity and income category led to the ...
I have been investing in mutual funds via SIPs. Should I make any changes in my schemes?  Economic TimesI have been investing for the past year in the following funds via SIPs: Rs 2,000 in SBI Magnum Multi Cap, Rs 1,000 each in SBI Equity Hybrid Fund and Canara ...
The dangers of high mutual fund inflows  LivemintMutual funds have put ₹2.4 trillion into markets in the last two years.Equity mutual funds receive ₹8000 crore monthly through SIPs.
Active mutual funds fail to reflect index gains  Economic TimesThe Nifty, which has hit all-time highs for the second time in April, has advanced 12% in the last one year. But these gains are yet to reflect in many mutual funds' ...
What top 5 money managers bought and sold in February  Economic TimesFebruary was the fourth consecutive month of decline in net investment into equity mutual funds.
I want to invest Rs 1 crore in stocks and mutual funds for 5 years. How should I invest?  Economic TimesYou may consider the following asset allocation: 40% in large-caps; 40% in large and mid-cap, or multi-caps; and remaining 20% in mid- and small-cap funds.
Stop! Too many stocks, mutual funds are not good for you; Buying too many may not get you more  The Financial ExpressHandling the overall risk of investments is crucial, but not at the cost of not meeting your financial goals. Over-diversification can do this.
A look at mistakes committed by investors of equity mutual fund schemes  Moneycontrol.comBalwant Jain. The interest of investors has been shifting from direct equity investing to equity mutual funds over a few years. Though this is a welcome trend, ...
Defaults, downgrades hit debt mutual funds: What investors should know and do now  Economic TimesAs debt mutual funds land in trouble following multiple defaults and downgrades by bond issuers, ET Wealth addresses some key questions from worried ...

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