Two Window-Dressing Picks
One of my favorite investment times of the year is approaching: quarter-end "window-dressing." This is when fund managers dump their losers for the quarter and add to their winning positions. They do this in a vain attempt to look good to their shareholders at quarter end, even if they underperformed their benchmarks.
This can lead to some predictable outcomes in the quarter's last week of trading. For example, there is a high probability that Apple (AAPL) and Google (GOOG) will be bought on any dip over the next week. These two stocks have contributed some 70% of the Nasdaq-100's performance for the quarter, and every money manager will want to show those positions in their quarter-end portfolio snapshots....501 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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