Friday, August 9, 2013

My Stock of the Day: FM



iShares MSCI Frontier 100 ETF (FM) is the latest selection for AAII’s model portfolio. Its Yahoo profile:

My 12-month Yahoo chart for FM shows rapid gains in a dramatic up trend until a sharp pullback in May 2013:

My 3-month chart suggests FM may now be in the early phase of an equally sharp resumption of its up trend:

Never forget this: All investments and savings are gambles on the unknowable future and thus subject to loss as well as gain.

Do visit my website for lots more research I share with do-it-yourself portfolio managers—in nearly 200 posts since June 1, 2013:

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