Let’s lay out a hypothetical situation here: You haven’t been feeling well and decide that a trip to your doctor is in order. After describing your symptoms to the doctor, they decide to prescribe you Drug A for treatment. You thank the doctor, fill your prescription and move on. Two weeks later, you find out […]

The SPDR S&P 500 ETF (SPY) began trading in January of 1993. That was the first exchange traded fund, and we’ve seen quite the evolution since then. Flash forward 22 years and ETFs have become a market fixture. From ETFs we’ve seen another exchange traded product develop: exchange traded notes or ETNs. Exchange traded note…exchange traded […]

Here at Mullooly Asset Management we use a form of technical analysis called point and figure charting to manage investments. In point and figure, one of the main purposes the chart has it to help us identify trends. Whether we’re looking at a stock, index, mutual fund, ETF or commodity, the chart will show us […]

Keeping things in perspective is important. Investors fall victim to cognitive biases sometimes, but we can do our best to avoid that type of behavior. With the strong markets seen in 2012, 2013, and 2014, investors are primed for recency bias to cloud their judgement. It’s imperative to remember that even in good years, the […]

According to many market experts, investors should buy and hold always and forever, right? If you’ve been told that before you might be surprised to learn that even the S&P 500 changes its holdings every so often. In fact, according to a recent Business Insider article: “Since 1980, over 320 companies were deleted from the […]

On this week’s Mullooly Asset Management podcast, Tom and Brendan discuss a cognitive bias known as the disposition effect. Cognitive biases such as the disposition effect, loss aversion, confirmation bias, and others can negatively affect investment performance. Tom and Brendan specifically address the disposition effect and how our rules based approach at Mullooly Asset Management […]

Over the years we’ve fielded calls from people asking us different variations of this question: “I was offered an 8% guaranteed annuity by my insurance guy and wondered what you thought?”. That’s why Tom and Brendan decided to discuss high interest annuities on this week’s Mullooly Asset Management podcast. These products may not work the […]

On this week’s Mullooly Asset Management podcast, Tom and Brendan discuss why load mutual funds don’t make sense. To explain what’s wrong with load mutual funds, we must first make sure that everybody understands the difference between load and no-load funds. For starters, a load is the equivalent of a sales charge or commission. Load Mutual […]

People are starting to notice that it costs less to fill up their car at the gas station, and it’s due to the considerable drop we’ve seen in oil prices. A story line that’s been circulating centers around US fracking and its devastating effects on the price of crude oil. We’ll never know all of […]

Back in September, Tom and Brendan discussed the industry push for nontransparent active ETF’s (https://mullooly.net/nontransparent-active-etfs/7641). Today they update the situation as it’s continued to develop. Eaton Vance received SEC approval to create an exchange traded managed fund or ETMF. Eaton Vance, BlackRock, and State Street were among the investment companies who sought approval for a […]