Out For The Day

Ulli Uncategorized Contact

I am out for most of the day and will not have a chance to post. However, I will resume tomorrow with Sunday Musings.

No Load Fund/ETF Tracker updated through 6/17/2010

Ulli Uncategorized Contact

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpTuesday’s strong up move held, and the major indexes not only gained for the week, but also stayed above their 200-day moving averages. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains above its trend line (red) by +2.46% (last week +1.38%) keeping the current buy signal intact. The effective date …

Holding Steady

Ulli Uncategorized Contact

The best thing that can be said about yesterday’s market activity is that the solid gains from Tuesday held as you can see from the above chart (courtesy of MarketWatch.com). There were no additional catalysts to speak of so volume was fairly light, but the important event was that the S&P; 500 closed the day above its 200-day moving average …

Up, Up And Away

Ulli Uncategorized Contact

After Monday’s failed attempt, the major indexes managed to pierce through strong overhead resistance levels on Tuesday supported by positive economic news on a day where nobody seemed to care about Europe’s problems. As the chart above (courtesy of MarketWatch.com) shows, there was no hesitation nor any reversal attempts, and the bulls remained in charge all the way into the …

Bouncing Against Resistance

Ulli Uncategorized Contact

Two factors were at play yesterday as a nice morning rally was derailed, which we’ve witnessed many times in the recent past. One, the S&P; 500 came within two points of its 200-day moving average of 1,108 which, if it should get decisively pierced, can set off more buying and a new rally. However, yesterday, computerized selling set in as …

Trend Line Talk

Ulli Uncategorized Contact

Reader RW had the following comments in regards to re-entering the market given the close proximity of the domestic TTI (Trend Tracking Index) to bear market territory: Could you clarify something for me? The domestic trend is still a little positive but you are out of all domestic ETF/Mutual Funds. Is that because each that you were invested in has …