MarketWatch featured an interesting story titled “How old is too old?” Here are some highlights: An irritating question is being raised anew about candidates in this year’s election campaign: How old is too old? The question came up in conjunction with John McCain, when critics on the stump pointed out that he is now 71 — exactly 25 years older …
10 Investment Rules
MarketWatch featured an interesting article titled “Learn a lesson—before you get one.” It contained 10 investment rules to live by which, given the fickle and directionless nature of today’s market, may help you keep things in proper perspective by focusing on the big picture. While most rules have some merit, I want to focus on only one (number 6), which …
No Load Fund/ETF Tracker updated through 6/19/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA break to the downside sent all major indexes further south generating a Sell Signal for all domestic equity funds. Our Trend Tracking Index (TTI) for domestic funds/ETFs broke decisively below its trend line (red) by -0.93% thereby ending this short buy cycle of 30 days: The international index dropped as …
Back Below The Domestic Trend Line
The domestic Trend Tracking Index (TTI) has been holding up better than the major indexes over the past few days, but Wednesday we headed again slightly below the long-term trend line. As of yesterday, the TTI had dropped -0.16% below the line, but I will wait a few more trading days for further downside confirmation before issuing a domestic Sell …
The Importance Of Trading Volume
So you identified an up trend in a sector/country ETF and reviewed the momentum figures in the StatSheet to select a suitable candidate for your investment portfolio. What else do you need to do before placing your order? You need to check the average volume figures especially if you are investing larger sums of money. In my advisor practice, this …
How Many Positions Should You Have?
As a follow up to yesterday’s post “When Should You Take Your Profits?” reader Dave had this question: You have covered well the decision-making that goes in profit-taking and what I call “loss-reduction”. What I am uncertain about is the number of positions one should hold at one time? Does it differ if you have a mixture of ETFs and …