Blog: All posts by Tom Haugh
Education Opportunities
By Tom Haugh on June 8, 2009
Good morning. In lieu of an article this morning, I would like to draw your attention to the learning opportunities we are offering this month. Learn about how we manage portfolios via the Protected Index Program®: attend a seminar OR teleconference. Both sessions are complimentary, but you must register.
General Motors
By Tom Haugh on June 1, 2009
Good morning. A powerful advance last week in the market, with the S&P running Friday on the close to finish up 3.9% on the week, moving from 89.02 to 92.53. Continual upward moves in oil and other commodities are fueling the rally, as evidenced by the XLE being up 6.3% for the four-day week. Depending on your point of view, the increase in oil prices is an indication of a start to the recovery or an amazing example of the power of OPEC and the oil companies to hoard and store oil for the purpose of driving up prices.
Diversification Is Not Enough
By Tom Haugh on May 27, 2009
My brother, Dan Haugh (President of PTI Securities) just had an article published in the 2009 June Issue of Stocks, Futures, Options (SFO) Magazine entitled Diversification Is Not Enough.
Read it here: http://www.sfomag.com/article.aspx?ID=1363&issueID=c
Do you agree with this theory of investment? Your comments and thoughts are welcome.
Also, FYI – PTI Securities will be hosting another complimentary 3-Hour Protected Index Program Seminar on Saturday, June 20th, 2009 from 9:00am – 12:00pm at PTI’s Downtown Chicago Office. Dan and I will be outlining the strategies of our successful managed money program. For details and to register visit www.PTISecurities.com/PIPclass.htm – I hope to see you there!
The “Knowing History” Approach
By Tom Haugh on May 26, 2009
Good morning. Another in a string of very odd weeks for the market, as a huge up move on Monday of 2.8% in the SPY (235 Dow points), continuing to a high of 92.80 on Wednesday (4.6%) gradually eroded and finished with the SPY up only .31, or .3%. The Dow gave up 227 points of Monday’s strong move as the week wore on, finishing off 315 points from the Wednesday high.
A Little Revolution…
By Tom Haugh on May 18, 2009
Good morning. The market had its first losing week in a while last week, but not horrible. The SPY was down 4.27 on the week, from 92.98 to 88.71, leaving it down 4.5% on the week and 1.7% on the year. Some of the sell-off last week was due to a huge supply of new issues, as many of the large banks and some others went out to raise new capital. The good news is that most were able to find new sources of capital at these levels, so at a lower level the market is still performing its main function, providing capital to those firms in need.