Thursday, May 28, 2009

Preferreds Up 100%, On Verge of Breakout

After getting absolutely crushed in 2008 and the first part of 2009, preferred stocks have made a nice comeback. Below is a chart of the iShares S&P US Preferred Stock Index ETF (PFF). Since bottoming in March, PFF is up 106.71% and is trying to break out from its January highs.


No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.