Investors were clearly on edge yesterday as the historically worst month for the market struck the bulls on the first trading day. After an initial pop, it was straight downhill from there with no chance for a late day turnaround lurking in the wings. Everyone has been talking about the “bad” September and now that it’s here, we’ll have to …
“All In One” Commodity ETF
Reader Jim had this to say regarding commodity ETfs: I’ve been looking for an “all in one” commodity EFT. While researching I ran across an ETF symbol “LSC” that while not perfect might do the job. I was hoping to get your thoughts. First, let’s look at a 1-year chart: In case you are not familiar with LSC, Yahoo’s profile …
A New Short ETF
The Street.com reports that ProShares is launching another inverse Exchange Traded Fund: The ProShares Short 20+ Year Treasury(TBF) is set to track the Barclays Capital U.S. 20+ Year Treasury Bond Index, an underlying index used for successful traditional funds. Investors may be temped to believe that a “single” inverse Treasury fund like TBF would be less risky than other types …
Sunday Musings: Everybody Is Doing The Same Thing
Yesterday, I tried to answer the question whether the dollar is really headed for abyss as so many investors seem to think. Bill Fleckenstein had some thoughts on the topic in “There’s no will to fight inflation:” The world’s central banks are loath to take away the punch bowl. Lest you think otherwise, consider the path forged by the Reserve …
Looking Ahead
Reader Tad had some interesting comments recently. Among other things he said: One day, soon, I would like to see a blog from you on “what happens when we default on our debt”. Or, with the US dollar close to what could be freefall, “what happens if it does go into freefall” and what would you advise in the way …
No Load Fund/ETF Tracker updated through 8/27/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpWith an apparent floor and a ceiling firmly in place, the major indexes meandered around the unchanged line, but closed slightly higher. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +6.42% keeping the current buy signal intact. The effective date …