My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA double punch of high unemployment and even higher oil prices sent all major indexes down for the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved lower but remains +0.73% above its long-term trend line (red). The international index dropped as well and now remains -4.33% below its …
Trend Line Clarification
In a follow up to my post “Which Trend Line Should You Use,” one reader had this to say: I am a bit lost. Since your TTI is proprietary, how would one know when the, say the Latin America index and the EWZ as the fund to select crosses your TTI? One must develop their own TTI. Your TTI, to …
No Place To Hide
Tuesday was one of those days in the market where there seemed to be no place to hide. Whether you held some currencies, gold, energy, technology, domestic funds, Emerging/Latin countries or the Commodity Index, you only found red numbers on the computer screens. The push to the downside was mainly caused by further weakness in the financials, as rumors swirled …
Fundamental Or Technical Analysis?
It’s been an ongoing battle of the minds for a long time whether fundamental or technical analysis will give you the edge when it comes to investing. As you know from my writings, I am clearly in the technical camp, because I believe that fundamental factors are always represented in the price of a stock, commodity, ETF or mutual fund. …
Which Trend Line Should You Use?
Reader Ben brought up an excellent question regarding the use of trend lines to determine the direction of the overall market or certain areas of it. Here’s what he said: I’ve followed your StatSheet, and recently the blog, for a couple of years. I think yours is some of the soundest market advice around. For a change, I have a …
Sunday Musings: Fooled By Randomness
My preference is to read business books that offer a fresh perspective or a different view of looking at things. The same applies to books that deal with investments. Most aren’t worth the paper they are printed on because they rehash MPT, Modern Portfolio Theory (which by now is some 60 years old and in dire need of revamping), or …