My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
The bears beat the bulls by a wide margin this week with all major indexes ending sharply lower.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved to +2.79% above its long-term trend line (red) as the chart below shows:
The international index dropped to -5.46% below its own trend line, keeping us in a sell mode for that arena.
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.
Comments 2
This might be a good time to point out that buy and hold (hope) “lazy portfolios” diversified across asset classes and countries are not doing so well.
Personally I am in the camp that says there will be no “decoupling” of international economies when the US economy buckles under the weight of the debt-burdened US consumer.
There will be no place to run/hide except in shorts when the lights are finally put out on the credit party.
G.H.
G.H.
I agree. In a recent article Paul Farrell talked about 10 resolutions to help you through the next bear market. I am curious how holding on to a lazy portfolio will do anythign by cause severe losses.
Ulli…