The markets rallied for 2 straight days and made up the losses of the entire last week, which puts us now back within striking distance of the psychological Dow 10,000 barrier. Gold hit a record yesterday as the dollar weakened. The widely held GLD gained 2.46% on the day. As I posted about last week, we are participating in the …
Reader Q + A: Exit Strategy
Reader Bill had this question regarding our sell strategy: I have my IRA diversified among seven T. Rowe Price funds. Do I apply an exit strategy to each separate fund—or use one fund (i.e: Equity Income)? Where do you suggest I put the money from the exit strategy in this environment?Yes, you will have to track the trailing sell stop …
Sell Stops And Bond Funds
Sell stops were the main topic of the past couple of weeks as readers provided valuable feedback and asked for clarification. Here are a couple more comments: I learned from you that the trailing stop loss is usually 7% I do hold TIP (ETF). Does the same 7% hold for bond funds as well or should it be a lesser …
Where Are We Now?
[Click on chart to enlarge]In the past, I have published this chart from time to time featuring some of the worst bear markets in history, and how they compare to each other in severity and duration. Thanks to Doug Short for constantly updating and publishing these Mega-Bears. You can clearly see how the S&P; 500 (blue) has fared since the …
Play The Calls
I have been playing tennis for over 40 years and, by the mere exposure to many opponents, had my share of disagreements over line calls. While we’ve never reached the level of outbursts of John McEnroe in the 70s, it’s been an issue from time to time, especially when playing with people whose personality makes it difficult to accept losing …
No Load Fund/ETF Tracker updated through 10/1/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpWeak economic data, along with lofty market levels, pulled the major indexes down another 2%. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +7.43% keeping the current buy signal intact. The effective date was June 3, 2009. The international index …