My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Tuesday’s strong up move held, and the major indexes not only gained for the week, but also stayed above their 200-day moving averages.
Our Trend Tracking Index (TTI) for domestic funds/ETFs remains above its trend line (red) by +2.46% (last week +1.38%) keeping the current buy signal intact. The effective date was June 3, 2009.
The international index has now broken below its long-term trend line by -0.49% (last week -2.83%). A Sell Signal was triggered effective May 7, 2010. We are no longer holding any positions in that arena.
[Click on charts to enlarge]
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.