Tactical investing news, views and resources for financial advisors
CMG Capital Management Group CEO Steve Blumenthal was featured recently in the Investor’s Business Daily story Investing Tactically In A Shaky World Doesn’t Mean You Bet The Farm. Steve was asked a series of questions about the markets and investing.
IBD: What does tactical investing mean to you?
Blumenthal: We view tactical two ways:
CMG Capital Management Group CEO Steve Blumenthal picks 3 ETFs for 2016. Steve discusses NYSEARCA:IGV, NYSEARCA:OAPH, and NYSEARCA:DRR for the story 6 Best ETF Picks: Experts Favor U.S., Growth Stocks.
Says Steve:
“Central bank activity will remain the key theme for the markets in 2016. Higher U.S. interest rates vs. lower-to-negative rates in many parts of the world favor the dollar.
CMG Capital Management Group CEO Steve Blumenthal is quoted in the Investor’s Business Daily story Russia ETFs Reel From Crumbling Ruble, Rate Hikes. Excerpt fom the story:
“Raising rates is an attempt to attract foreign investors to buy Russian bonds at 17%,” thereby shoring up the ruble,” said Steve Blumenthal, CEO of CMG Capital Management.
Top-Heavy In Energy
The fortunes of Russia ETFs are closely tied to oil and gas; energy stocks make up 40% of RSX’s portfolio. The highly concentrated RSX’s top 10 holdings include Novatek, Lukoil (OTCPK:LUKOY) and Gazprom (OTCPK:OGZPY).
“It’s a game changer,” Steve Blumenthal, CEO of CMG Capital Management Group, told Investor’s Businsess Daily in the story Three Best Reasons To Invest In The Currency-Hedging ETFs.
It’s a shot in the arm for Japan’s perennially listless economy. But the stimulus makes for a bearish outlook on the Japanese currency. For U.S. investors, a weakening yen could significantly erode returns on their investments in that nation.
Fortunately, there’s a simple way for people to get exposure to Japan but mitigate risk of the dollar’s potential rise against the yen: exchange traded funds. Several hedged ETFs let investors buy a rally in Japanese stocks without getting hit on currency moves.
“It’s double bang for the buck,” said Blumenthal, who invests in WisdomTree Japan Hedged Equity (ARCA:DXJ), up 6% so far in 2014.
Read to story in Investor’s Business Daily: Three Best Reasons To Invest In The Currency-Hedging ETFs
Stephen Blumenthal picked YCS (Pro Shares Ultra Short Yen) as the ETF that has the best prospect to outperform in 2014. See the full story in Investor’s Business Daily: Best ETFs For 2014: 9 Picks From 9 Strategists.