My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpMore downside action had the major indexes close lower for the third week in a row. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains decisively below its trend line (red) by -2.84% thereby confirming the current bear market trend. The international index dropped as well and now remains -11.29% below …
Where We Are And Where We’re Going
If you look at the table on the left, you’ll see that this year has been anything but kind to investors. From my viewpoint, we’ve been in a bear market and May’s rally attempt, which caused us a domestic whip-saw signal, looks more and more like a dead cat bounce. Even by Wall Street’s definition, we have moved one step …
New Quarter—Same Old Problems
The bullish crowd got a scare Tuesday morning as this quarter started out with the Dow sinking by as much as 167 points with the other major averages in close pursuit. GM proved to be the savior of the day with better-than-expected sales reports for June, and the markets ended up closing in plus territory. As much as the bulls …
A New Beginning
By now you must have heard that the just ended month of June will go on record as the worst June since 1930. The major indexes declined sharply with the broad S&P; 500 surrendering some 8.6%. Half way trough the month, our domestic sell signal kicked in and pulled us to the sidelines before the markets fell off a cliff …
Reader Question: Re-Entering The Market
With the markets having slipped into bear territory, some readers are looking ahead towards the point when a new Buy signal is being generated. Reader Ron had the following question: Thank you for your excellent blog and services. I have read through all the Reader’s FAQs, and I am still a little confused about your buy strategy. Assuming I have …
Sunday Musings: Questionable Advice
With the major indexes having jumped of a cliff this past week and into bear market territory, questionable (or even downright stupid) advice as to how to handle the current environment has made front page news. Two such stories were featured online, with the first one titled “Set It And Forget It.” Here are some highlights:When the Dow rockets 300 …