Daily Market Snapshot 02 27 2012

A pattern of morning sell offs followed by afternoon recoveries continues.
The Dow has yet to close above the 13,000 resistance level.
Just speculation, but I think it will close above that level this week.

Flexible Income Folio

US Preferred Stock Fund is one our holdings in the Flexible Income folio.

I like to superimpose two Bollinger Bands over a price chart. This gives us an easy visual method to determine whether an investment is trending or not. The US Preferred Fund is definitely trending. This ETF continues to provide some nice appreciation, as well as an above average yield.

Daily Market Snapshot