Yesterday’s market activity had little influence on our Trend Tracking Indexes (TTIs). Disappointing housing data were too much to overcome and the Dow slipped some 57 points. The Trend Tracking Indexes (TTIs) are now situated relative to their long term trend lines as follows: Domestic TTI: +2.64%International TTI: +1.00% Even though the international TTI remains slightly above its long-term trend …
Introducing The M-Index: Major Upgrade To The No Load Fund/ETF Tracker
After months of work, I am pleased to announce that the weekly StatSheet has been improved by adding an additional column called the M-Index (Momentum Index). The M-Index represents one momentum number, which you can use to simply and quickly identify the top performing funds/ETFs in any category. Since it is calculated based on the average of the existing momentum …
Sunday Musings: Seeing The World In A Different Way
Not too long ago, I read Malcolm Gladwell’s bestseller “The Tipping Point.” He defines The Tipping Point as that magic moment when an idea, trend or social behavior crosses a threshold, tips and spreads like wildfire. He explores the fact that just a single person can start an epidemic of the flu, so too can a small but precisely targeted …
Investing Corner: Did The Dow Theory Signal A Sell?
Mark Hulbert of MarketWatch wrote an interesting story about the Dow Theory issuing a Sell signal at last Tuesday’s (8/14) close. According to the article, the editor of one of the three Dow Theory newsletters said ‘yes.’ This fact will certainly not make headline news on Wall Street since in principle it goes against the all too ingrained Buy-and-Hold mentality. …
No Load Fund/ETF Tracker updated through 8/23/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA quiet but positive bullish week had all major indexes gaining solidly. Our Trend Tracking Index (TTI) for domestic funds/ETFs recovered and has now moved to +2.85% above its long-term trend line (red) as the chart below shows: The international index also moved to +1.64% above its own trend line, which …
Special No Load Fund/ETF Tracker Update For 8/22/2007
Yesterday’s market bounce, although on low volume, was a step in the right direction. It’s too early to tell if this is the beginning of another uptrend or just a head fake. Many traders are still on vacation and will not be back to their desks pushing buy and sell buttons till after Labor Day. Until then, any moves to …