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 …
Rebounding From The Lows
Yesterday, the markets repeated the behavior of the past few months which, a couple of days ago, I referred to as “back to normal.” After a sharp sell off at the opening, the bulls stepped in and slowly but surely pulled the major indexes out of the doldrums and, for a short period, into positive territory. The gains did not …
The Worst ETF Of 2008
The Natural Gas ETF UNG has to go down in history as one of the worst performers in 2008 and possibly 2009. The downtrend, which started in June of 2008, still has not come to an end and those investors holding on for dear life may have hard time making up their losses. Why bring it up now? If an …
Back To “Normal”
After the modest sell-off last week, M&A; was yesterday’s buzzword, and the markets rallied higher in “normal” fashion. These days, that can be interpreted that a slight pullback is always followed by a rally sufficient to make up the small losses; that is until it no longer works and the trend ends. Some readers have commented that they exited the …
Tips For TIPS
The WSJ reports that “Investors Seek Inflation Haven in TIPS Funds.” Here are some highlights: Rising fears of inflation are fueling an investor rush into mutual funds and exchange-traded funds holding Treasury inflation-protected securities. So far this year, more than $17 billion has poured into funds that invest in TIPS, government-issued bonds whose principal grows with rising inflation, according to …
Sunday Musings: Whose Money Is It Anyway?
At first, I couldn’t believe it. But as more calls and emails came in over the past few months, a pattern seemed to emerge. Apparently, there really was some truth to it. What am I talking about? I am referring to many investors’ disenchantment (too nice a word, really) with their brokers who kept them in the market during last …