My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Monday’s rally was almost wiped out by today’s poor unemployment report, but last hour buying along with short covering kept Friday’s losses manageable. For the week, the major indexes gained.
Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +3.48% (last week +2.50%) and remains in bullish mode.
The international index has now broken above its long-term trend line by +3.10% (last week +1.32%). A new Buy Signal was triggered 7/23/10 with the effective date being 7/26/10. Be sure to use my recommended 7% trailing sell stop discipline, should you decide to participate in this new uptrend.
For more details, and the latest market commentary, as well as the updated No Load Fund/ETF Tracker StatSheet, please see the above link.
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