Today, I’ll be travelling back to California from Germany. Regular posting will resume tomorrow, Tuesday.
Sunday Musings: One More Rally
Several columnists and newsletter writers have been downright bearish in their assessment of the markets. Even MarketWatch’s own Paul Farrell recently chimed in with “Crash Dead Ahead.” One reader sent me a copy of Richard Russell’s Dow Theory newsletter, in which he advised his subscribers (May issue) to sell all stocks. For a different view, and that one-more-rally appears to …
From Bulls To Bears
A few days ago, Mark Hulbert wrote an interesting piece titled “The Bearish Bandwagon:” OK, all of you who claim to be contrarian investors: It’s time to see if you walk the walk, not just talk the talk. Here’s how to find out: Are you about to step up to the plate and invest in the stock market? Probably not, …
No Load Fund/ETF Tracker updated through 5/27/2010
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php A zigzag week closed out the month of May with the major indexes suffering losses. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains above its trend line (red) to the upside by +1.06% (last week +1.29%) keeping the current buy signal intact. The effective date was June 3, …
Sizzle And Fizzle
The past two trading days were a tale of complete opposites. On Tuesday, we witnessed a sharp drop at the opening with the major indexes spending the remainder of the day clawing back to close around the unchanged line. Yesterday, it was the exact opposite as a nice rally fell apart in the last 1-1/2 hours, and we ended up …
Saving Dow 10,000
Yesterday, proved to be another breathtaking day on Wall Street. From my current vantage point in Hamburg, Germany, I was watching the European and Asian markets getting crushed with the U.S. futures pointing to a much lower opening. The Dow dropped almost 300 points right out of the gate while the S&P; 500 gave back some 3% initially and briefly …