|Day Low/High||1.19 / 1.45|
|52 Wk Low/High||0.04 / 14.50|
Holdings in its Focused Credit Fund were so bad that one has to wonder if it is even fair to call them assets.
The question now is if there are many funds like this one.
What it means for metals and oil as production costs move leftward on the cost curve.
Nations, states and firms are awash in it, and all that leverage isn't going away.
Markets have weakened somewhat since my last update around 11:30 a.m. ET. I would not be surprised if we give up a bit more of the Fed-triggered rally of the past couple of days. Some stocks on the move at midday: Zillow (Z) is up some 4% on vague b...
This is just a fairly small bump that is yet to create additional opportunities.
It may be best to do nothing until there is inventory creation.
Value investors look for good entry points, rather than sweating every penny.