After notching one all-time high after another with nary a pause, stocks have registered a series of increasingly sharper pullbacks in recent weeks.
They're easy to trade and offer the advantages of traditional mutual funds, but without the hefty fees charged by active managers.
Global markets reacted to the mixed message from the Fed by selling. But there is indication of another rally phase ahead.
Opportunities abound during the summer months for proactive investors.
The index has begun to weaken, and it may be a precursor.
Going somewhat unnoticed in the fanfare of the most recent 13F filing season is that HMC still holds investments in about 20 ETFs.
The market looks overvalued but is giving bullish signals nevertheless.
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The Dow jumps nearly 140 points ahead of a big Federal Reserve decision on interest rates. Crude oil closes above $98.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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