Recently, I had an interesting conversation with a college graduate who was my doubles partner in a tennis match. He elaborated on how he’s been staying in touch with many of his fellow students and friends despite many having moved to far away places. Using email and social sites such as facebook.com make it a snap to keep personal connections …
The Mega Bubble
As you know from previous posts, I am not one to put any credibility into forecasting, which is why I like to poke fun at those who, with serious faces, are trying to predict presidential outcomes or worse the closing price of the Dow on the last trading day of the year. Joining this ever growing list of Wall Street …
No Load Fund/ETF Tracker updated through 5/22/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpIn a reversal from last week, higher oil prices and anticipation of a weaker economy took the starch out of the upside momentum for the time being. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now moved to +1.27% above its long-term trend line (red). The international index dropped as …
A Slippery Slope
On Wednesday, high oil prices and the Fed’s release of the minutes from its April 30th meeting sent the markets tumbling. At first, it appeared that the major indexes were able to withstand the relentless upward trend in oil prices but, when the Fed decreased its GDP growth forecast and increased its 2008 inflation and unemployment rate outlook, the damage …
How Big Of A Sell Stop Should You Use?
My recent posts on the use of sell stops have caused some readers to ask a variety of additional questions. One of them came from Peter, who commented as follows: First I want to say that I enjoy your blog very much. Recent articles on sell stops have brought up a question that has crossed my mind numerous times. Having …
Market vs. Limit Orders
Yesterday’s review of the use of sell stops prompted one reader to post the following question: When selling an ETF, should any type of limit be placed on the sell order, or just sell at market price? Buy and sell orders are new to me and I’ve just been buying at market price. I have not executed a sell yet, …