When I watched the major indexes sink into the close yesterday, I was certain that the Domestic Trend Tracking Index (TTI) had finally crossed into bear market territory. When the final numbers were computed, we had come close but the TTI did not actually cross below the line. Here are the latest figures: Domestic TTI value: 44.3639-week trend line: 44.34% …
Descending Towards Bear Market Territory
Right out of the gate, the markets hit the skids yesterday, as the above chart clearly shows. One supporting actors in this drama causing this sharp selloff was a disappointing report on the Chinese economy as their leading indicators were downwardly revised. Adding fuel to the fire was a drop in the consumer sentiment index to the lowest level since …
Slipping Into The End Of The Quarter
Aimless meandering describes best how the markets drifted through the day yesterday and ended up with slight losses. As this month comes to an end, we may see more of the same with the major indexes completing what looks to be their worst quarter since the beginning of 2009. Volume was light and may continue along the same path until …
Your Portfolio: Using Only One Single ETF?
I found an interesting article discussing “Can You really Accomplish Everything You Need With One Single ETF?” The story focuses on a new ETF (ONEF), the purpose of which is explained as follows: Our firm wants to give small investors (under $100K in investable assets) access to the same professional portfolio management that high net-worth investors receive from their dedicated …
Sunday Musings: A 2-Year Anniversary
While June 23, 2010 passed quietly last week, it nevertheless marked the 2-year anniversary of our last domestic sell signal on 6/23/2008, which provided a safety net for those who followed its call and moved their portfolios out of the market onto the sidelines. Here’s a look at the blown-up domestic Trend Tracking Index (TTI) chart covering the past two …
Against The Wind
When the markets zig, you hope to have a component in your portfolio that zags to offset or minimize any drawdown. While that is not always easy to do, during May’s market meltdown, I noticed one ETF (IIH) that definitely bucked the trend. Take a look at the 6-months chart, comparing IIH with the SP 500 (SPY): Not only has …