The M-Index rankings featured in my weekly StatSheet provide assistance in making proper fund/ETF selections when buy signals are being generated. The best time to utilize the ranking system is at the beginning of a buy cycle, right after trend lines have been crossed to the upside. In other words, we are looking at bear market territory in the rear …
ETF Liquidation
With over 1,000 ETFs now being on the market, there are bound to be some that simply don’t make it and end up folding shop. So what do you do if you get stuck with an ETF that is about to liquidate? Here are some thoughts on that topic in “How To Survive An ETF Liquidation:” The last two weeks …
No Load Fund/ETF Tracker updated through 8/26/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpToday’s rally wiped out some of the losses from earlier in the week, but the major indexes still closed down slightly. Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.01% (last week +2.48%) and remains in bullish mode. The international index has now broken …
Mounting A Comeback
Despite worse than expected new-home sales and industrial production numbers, the markets managed a rebound yesterday by reversing an early 100 point drop of the Dow. The gains were modest, but at least it was an up day. Today could prove to be another difficult one as the weekly report on jobless claims is on the agenda. Any more signs …
Hanging On To Dow 10k—International Sell Signal Generated
If you were bullish on equities, there was nothing to like about yesterday’s trading activity. Existing home sales took front and center and with sales having dropped by over 27% to levels last seen in 1995, stocks got hammered and closed at their lowest level in about 7 weeks. As has been the norm, the home sale decline was greater …
Slipping And Sliding
Despite an initial upward thrust, the markets meandered aimlessly during the remainder of yesterday’s session, then gave up their gains and faded into the close. While the losses were manageable, trading activity was nevertheless a sign of uncertainty about the future status of the economy. Bonds were the beneficiary again, as they have been for most of this year, with …