Seeking Alpha had an interesting viewpoint titled “No Time For Complacency: This is a Bear Market.” While you may not agree, it’s a good read and it brings up ideas and thoughts, some of which I have discussed before. Here’s an excerpt: This article is a follow-up to an article from two weeks ago that I wrote because I felt …
A Great February?
Random Roger had an interesting tongue-in-cheek post called “The Best February Ever.” Here are some highlights: If we can average 1% per day for the month, like we are starting out we’ll have the best February ever. The futures obviously got a huge boost from MSFT buying YHOO. It seems to me I sold Yahoo into a rumor about this …
Sunday Musings: Front Runner
Reader Jeff submitted an interesting blog post dealing with an old problem that you may have thought had long been resolved. This piece was written by Jake Zamansky, a NY attorney and titled “Front Running and Institutional investors.” Here’s what he had to say: You would think that institutional money managers, who have a fiduciary responsibility to their clients, would …
The Last Hoorah
Bond insurers have made front page news lately in the face of severe Subprime losses and their potential downgrade from ratings companies. Calculated Risk reports as follows: Standard & Poor’s Ratings Services today lowered its financial strength, financial enhancement, and issuer credit ratings on Financial Guaranty Insurance Co. to ‘AA’ from ‘AAA’ and its senior unsecured and issuer credit ratings …
No Load Fund/ETF Tracker updated through 1/31/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpAnother interest rate cut was all the bulls needed. Despite negative economic news, the major indexes closed sharply higher. Our Trend Tracking Index (TTI) for domestic funds/ETFs moved to +1.42% above its long-term trend line (red), back into bullish territory. To avoid a whipsaw signal, I will wait for further upside …