Weekly Risk Report 01/05/2009
Last week’s close boosted the spirits of many investors. After enduring a very tough year in 2008, the first trading day of ’09 was a fresh look. The i-Wave continues to show no market risk stress for the start of the New Year. While three of the four components rose slightly in their own ranges, those three remain decidedly bullish for now. Even Zeal is closing in on a bullish signal.
The profits taken recently on the longer bond funds seem to have been done in a timely fashion. Those same funds have fallen under some selling pressure since then. Both Stable and Balanced Income benefitted from that effort. Also, the real estate investment funds in those accounts have shown some recovery now that tax selling season has ended. As a last item of good news, some of the higher yielding corporate bond funds have risen nicely from their lows of November. The income portfolios rose between 10% and 15% for the last month of the year.
