Many analysts had expected Monday’s sharp sell off to spill over into Tuesday, but it did not happen. The markets recouped about half of their losses from the previous day, and the major averages closed about 1% higher. The commonly held view is still one of caution in that many feel that the market has advanced too far and too …
Bears On The Prowl
The bulls had no chance yesterday. It was straight down from the opening bell with the bears feasting on a long overdue correction. As a reader of this blog, this should come as no surprise to you as I have been harping for months on the fact that the signs of an economic recovery are more wishful thinking than reality. …
Too Late To Get In?
A week ago, reader Scott, send this email: I normally follow along with your plan but have gotten out of date due to an illness. My question is what level of investment are we at right now for domestic mutual funds? 1/3, 2/3 etc?Depending on a client’s risk tolerance, we’re invested anywhere from 60% to 100%. So, is it too …
Sunday Musings: The Invisible Economic Recovery
Last week, I found this interesting analysis by Dr. Housing Bubble called “The Invisible Economic Recovery.” Here are some excerpts, but if you are interested in California specific scenarios, I suggest you click on the above link and read the entire article: The invisible recovery is all around us if you would only close your eyes, and trust your instincts. …
Post Crash Dynamics
John Hussman wrote a nice piece on “Post Crash Dynamics,” which is worth reading. Here are some highlights: When markets crashes are coupled with changes in the fundamentals that supported the preceding bubble – as we observed in the post-1929 market, the gold market of the 1980’s, and the post-1990 Japanese market, and currently observe in the deflation of the …
No Load Fund/ETF Tracker updated through 8/13/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpQuestionable economic data pulled the major indexes lower for the first weekly loss out of the last five weeks. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +5.25% keeping the current buy signal intact. The effective date was June 3, …