The investment world is scrambling to come up with new and improved products to ascertain the public does not lose confidence. I posted about actively managed ETFs and “new funds for the fearful” over the past couple of days. Now Long/Short fund providers started to chime in by promoting the features of their products. I received one such mailing from …
Sunday Musings: Going Active
MarketWatch featured an interesting article titled “ETFs may give mutual funds a run for the money.” Let’s listen in: We’ll soon find out if exchange-traded funds can live up to the hype and “replace” the traditional mutual fund. The big headline news this week was BlackRock Inc. agreeing to buy Barclays Global Investors in a $13.5 billion deal. But the …
New Funds For The Fearful
MarketWatch reports that “Bear Market brings new funds for the fearful:” After last year’s market meltdown savaged just about every U.S. and international asset class, many investors have concluded that traditional portfolio diversification is not only discredited, but pure bunk. In an appeal to these skeptics, some mutual-fund firms have introduced products they claim provide greater protection in bear markets …
No Load Fund/ETF Tracker updated through 6/18/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA sell off early in the week caused losses for all major indexes. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +1.08% keeping the current buy signal intact. The effective date was 6/3/2009. The international index has now broken above …
Unleashing Creativity
President Obama attempted to unleash creativity by announcing the widely anticipated new regulations designed to overhaul financial markets. The new regulations would increase some of the powers of the Fed but also add another layer of bureaucracy via a newly created consumer protection agency. For some straight talk, please read Mish’s commentary at Global Economics titled “Obama’s Blueprint for Reform …
Slipping And Sliding
Monday’s market drop continued Tuesday as economic worries persisted. The only saving grace for the bulls so far was that volume was very light again, and the S&P; 500 bounced off its 200-day moving average. Our Trend Tracking Indexes (TTIs) all retreated and are showing the following positions: Domestic TTI: +0.62%International TTI: +7.92%Hedge TTI: +0.03% Weakness has definitely set in …