As was widely expected, there was some follow through buying yesterday as a result of last week’s rebound and the major indexes moved higher. One reader had this to say in regards to my post last Sunday titled “Controlling The Urge:” The market these days seems like the patient on the table alternating between irregular heartbeat and flat line. Helicopter …
No Time Like The Present
MarketWatch featured an article titled “No time like the present,” presenting the usual but questionable advice about investing. Let’s take a look: While trading in and out of funds is frequently a recipe for disaster, there are moves that investors can make to improve their confidence and portfolio without blowing up the long-term returns that they supposedly surrender by giving …
Sunday Musings: Controlling The Urge
Based on the emails I have received over the past few weeks, it appears that there are a number of readers who have a hard time controlling the urge of jumping in on the long side of the market during any 2-day rally, or wanting to go short with vigor anytime a pullback occurs. While it seems that you are …
A World Of Uncertainty
I read an interesting article called “Global capitalism teeters on the brink.” Let’s listen in on some highlights: The U.S. central bank is slashing interest rates, accepting piles of near-worthless securities from commercial banks as collateral for emergency loans, and pumping hundreds of billions of dollars into the economy. A problem that began last summer in the lowest-grade U.S. mortgage …
No Load Fund/ETF Tracker updated through 3/20/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe Fed’s oiling of the markets via lower rates and a new lending structure gave the bulls the upper hand. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains now -0.36% below its long-term trend line (red), which means we are in bear market territory. The international index dropped to -8.78% …
Where’s The Bull?
Bullish hopes were dashed yesterday when the markets did not follow through to the upside, but meandered downward with the Dow losing almost 300 points. My contention has been all along that any intervention from the Fed or any government sponsored plan may evoke feelings of market euphoria, which will be short lived since the underlying issues of the Subprime/housing …