My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDespite sharp losses early in the week, the major indexes managed to claw back. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -2.82% thereby confirming the current bear market trend. The international index now remains -4.09% below its own trend line, keeping us on …
Nothing But The Truth
Hat tip to reader Rob for pointing to a very fascinating interview between Bill Moyer and William Black, author of the the book “The Best Way To Rob A Bank Is To Own One.” You can view the video at: www.pbs.org/moyers/journal/04032009/watch.htmlIt’s about 25 minutes in length, but I was so intrigued by what Bill Black had to say about the …
Tripling Down
Inverse funds and ETFs have made it easier than ever for investors to play the short end of the market. Even double and triple-leveraged funds have been around for a while, and recently Direxion has added another group to its ever growing stable as SeekingAlpha reports: Direxion, the provider of revolutionary triple-leveraged exchange traded funds (ETFs), is out with a …
Disconnect
The stock market has been in a total disconnect mode from economic reality over the past 6 weeks all based on the glimmer of hope that an economic turnaround may be lurking on the horizon over next 6 months or so. It’s too early to tell if yesterday’s sharp sell off means that the markets have shifted back to reality …
Another Hedge Experience
Reader David emailed and had this to say about the recent discussion about the use of the SimpleHedge Strategy: I have enjoyed your weekly newsletters and daily blog for some time. Thank you for sharing your knowledge and wisdom. I noticed a recent blog from ‘Foster’ concerning your simple hedge strategy where he used mutual funds as the long position. …
Sunday Musings: Prison Survival
Hat tip to reader Tom for submitting this article called “Madoff’s Niece Calls Prison-Survival Expert:” Bernie Madoff’s niece is so worried about doing jail time that she’s seeking prison survival tips from a consulting firm, sources told the New York Post. Which brings to mind at least one curiosity: There’s a consulting firm that helps would-be inmates prepare for incarceration? …