Hat tip goes to a couple of readers for pointing to a mutual fund that actually tracks trends (by investing in ETFs) and moves to cash when a bear market strikes or during times of uncertainty.The fund is Stadion Managed Portfolio (ETFFX). To get a better idea of its price movements, let’s first look at a 2-year chart: It’s interesting …
No Load Fund/ETF Tracker updated through 7/22/2010
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php Across the board positive earnings pushed the major indexes to the top of their trading ranges despite warnings by the Fed that a recovery might take longer than expected. Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.62% (last week +1.28%) and …
Cliff Diving
For the most part of the day, the markets were entrenched in a sideways pattern yesterday, when suddenly the indexes dropped like a rock as if pushed off a cliff. The culprit was none other than Fed chairman Bernanke who testified before congress about the state of the economy. His words were anything but assuring for Wall Street as he …
Markets Dig Out Of A Hole
The markets still had a hangover yesterday from Monday’s disappointing results by IBM and TI. Nevertheless, a rebound materialized reminding me of the old adage “one man’s trash is another man’s treasure,” as buyers saw opportunities where others saw disaster. Domestically, the only negative news came from the housing sector with housing starts falling again while building permits were up. …
A Time Of Testing
After Friday’s drubbing, yesterday proved to be a time of testing to see if more follow through selling would take the major indexes to lower levels. So far it did not happen as the markets moderately bounced off Friday’s lows but faded towards the end of the session. Watching the futures, it would appear that Tuesday’s opening will be to …
Buy and Hold Revisited
MarketWatch featured “Buy and hold gets old,” as the aimless meandering of the markets is maddening for many investors along with the ever present memories of the 2008 crash: Yet while both Stadion and Kenjol’s strategies sidestepped the worst of 2008, they also missed much of the recovery the following year.Kenjol’s Sector Rotation was up 24.3% in 2009 compared to …