Somebody Else’s Words Of Wisdom

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You constantly hear me harping on the essentials of trend tracking, such as keeping your losses small by using a clearly defined exit strategy, accepting whip-saws as a necessary part of investing, letting your profits run and many others. It appears that I am not the only one using these ideas. The WSJ posted a story titled “If It Feels …

No Load Fund/ETF Tracker updated through 5/29/2008

Ulli Uncategorized Leave a Comment

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDecent economic news and lower oil prices helped the markets stage a nice rebound. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now moved to +1.42% above its long-term trend line (red). The international index improved as well and now remains -2.06% below its own trend line, keeping us on …

Zigzagging Higher

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Wednesday’s good news in form of a better than expected durable goods report was overshadowed by a rebound in oil prices causing continued worries about the impact on consumers. Nevertheless, the major indexes managed a decent afternoon rebound, despite the financials being a big drag. This was caused by an analyst’s opinion that AIG’s recent $20 billion raise in capital …

Uncertainty Reigns

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Uncertainty was the word of the day on Tuesday as the markets see-sawed (see chart from Marketwatch.com). However, after the drubbing of last week, momentum picked up late in the session supported by a drop in oil prices and an unexpected gain in new home sales. On the other hand, continued lower consumer confidence figures kept a lid on advances. …

Money Making Schemes

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Recently, I had a discussion with a client who marveled at the ability of Wall Street firms to make money. He assumed, like many other investors do, that many high powered firms have superior stock picking abilities or staff with the foresight to properly assess the next hot investment trend so that the firm can get in on the bottom. …

What’s Next?

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Reader Tom pointed to an article by Bill Gross of PIMCO titled “Hmmmm?” It addresses the current investment outlook with a main focus on U.S. inflation and the way it’s calculated. It’s an interesting read, but his last two paragraphs sum it up best: What are the investment ramifications? With global headline inflation now at 7% there is a need …