Greece Lightening

Ulli Uncategorized 6 Comments

After Monday’s pullback, the markets rebounded strongly more than wiping out the previous losses. The catalyst came in form of yet to be confirmed news that the European Central Bank has a plan to deal with Greece’s debt. Germany is allegedly working on a rescue package with possible loan guarantees, but these rumors were later rebuffed as unfounded. Nevertheless, that …

Uncertainty Reigns

Ulli Uncategorized 6 Comments

Yesterday was not an uplifting day in the markets as an early rally faded, and the major indexes closed near their lows of the session. We have become almost accustomed to last hour rebounds just as we’ve seen last Friday, but no luck this time. The Dow closed below the 10k level for the first time since November as fears …

Automating Sell Stop Tracking

Ulli Uncategorized 4 Comments

One of the most frequent requests has been the automation of tracking sell stops. While I use my data base and a customized spreadsheet to do that, some readers are not always near their computers and are looking for an alternative solution. I have found another site called SmartStops.net that provides this type of service. I have not tried it …

Sunday Musings: No Free Lunch

Ulli Uncategorized Contact

Economist Irwin Kellner had some interesting thoughts in “No such thing as a free lunch:”The budget that is now being put together for the coming fiscal year calls for the federal government to spend far more than it expects to take in. Last year’s budget deficit was the biggest in history in nominal terms and this year’s figures to be …

Dow 8,000?

Ulli Uncategorized 6 Comments

I was reading “Dow could plunge to 8,000,” which supports another view of the potential downside market risk. Here are some highlights: Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold. The result: The Dow Jones industrial average fell 3.5 percent in January, the worst month for stocks since …

No Load Fund/ETF Tracker updated through 2/4/2010

Ulli Uncategorized Contact

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpEuro land worries and not a great jobs report gave the bears the ammunition to pull the major indexes lower. However, a sharp rebound on Friday prevented a third down day in the markets. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the …