My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Worse than expected economic news handed the bears a win for the second week in a row.
Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.48% (last week +2.30%) and remains in bullish mode.
The international index has now broken barely below its long-term trend line by -0.36% (last week -0.17%). 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. An outright sell signal will be issued once the trend line gets pierced by -1.00%.
[Click on charts to enlarge]
For more details, and the latest market commentary, as well as the updated No Load Fund/ETF Tracker StatSheet, please see the above link.