My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe markets marked their 4th week in a row of closing higher. Our Trend Tracking Index (TTI) for domestic funds made new highs as well and now sits +6.17% above its long-term trend line (red) as the chart below shows: The international index rallied into record territory and has now moved …
How High Can This Market Go?
That was the question new newsletter reader Jack asked yesterday as we were discussing my trend tracking methodology. As an experienced investor, he was looking at all the fundamentals that can drive the markets ranging from corporate deal making to stronger than expected earnings and outlooks. Oh yes, and the revised forecast from Thomson Financial changing their S&P; 500 1st …
Turning ETFs Into A Casino
I can’t believe that this could actually be true. A story in the Money section of the NY Daily News features a new series of ETFs called StateShares that allow you to buy or sell portfolios based on 21 state specific stock indexes. Each of them contains some 50 issues. There will also be a composite of 500 stocks available …
Are All Oil ETFs Created Equal?
Investor’s Daily had an interesting article about the performance discrepancy of oil ETFs. In a previous post, I alluded to the fact that some segmented ETFs can easily stray from their stated benchmark, and that you can’t always be sure what you’re buying.It appears that this happened to 2 oil ETFs, namely OIH and USO. You would think that if …
Is ‘Bigger’ ‘Better’ When It Comes To Mutual Funds?
If you thought that Magellan was a behemoth of a mutual fund, think again. It just got dwarfed by the mother of all funds, American Funds Growth Fund of America, which weighs in at a hefty $165 billion in assets. Normally, I wouldn’t even pay attention to this fund, since it has a front load of 5.75%, but an article …
From The No Load Fund/ETF Files: Can Your Portfolio Weather An Economic Downturn?
It has happened again. Every so often a new book appears on the market that depicts impending gloom and doom. The latest one is Peter Schiff’s ‘masterpiece’ called “Crash Proof: How To Profit From The Coming Economic Collapse.” Schiff, who owns an investment company, has been predicting bad economic things for a while and has been frequently quoted in Orange …