Consistent income generation has always been a hot topic. For some thoughts, let’s listen in to “Preferred stock: Good income, but it’s not guaranteed:” Preferred stock combines some characteristics of common stock and of bonds. Like bonds, preferred shares pay a set amount of cash each quarter or year. And, as with bonds, owners of preferred stock have a higher …
No Load Fund/ETF Tracker updated through 5/6/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpOne of the worst intra-day market swings gave the bears some long hoped for ammunition. The major indexes surrendered all gains for the year. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +1.52% (last week +4.41%) keeping the current buy …
Sell-Off Tsunami – International TTI Sell Signal Generated
A picture is worth a thousand words, even when the picture represents an ugly day on Wall Street. With the Dow being down almost 1,000 points at one time, losses were cut sharply during the last hour of trading. Sure the Greek contagion was at the center of attention, but it appears that the latest news reports were not enough …
Trying To Claw Back
Despite a lower opening, the markets staged a mid-day comeback yesterday, but were unable to hold on to the advances as the chart above shows. Afternoon selling produced new lows for the day with the only positive being that we rallied off those lows towards the close. As I mentioned yesterday, our emerging markets holdings did indeed break through their …
The Return Of Volatility
Monday’s feel-good-rally after Friday’s drubbing died at the opening yesterday as prices gapped down and never recovered. Despite a rise in pending homes sales and positive Merck and Pfizer earnings, all eyes were feasted on the Greek bailout and the increased concern that the Greek government would fail in getting its debt problem under control and force another bailout package. …
Not For The Long Term
The use of leverage has always intrigued investors to increase returns despite the increased downside risk. The ETF arena features a stable of 2X and 3X leveraged funds covering various areas. The fact that some of these sport high daily trading volumes supports their popularity. For example TNA (3X bullish S&P; 500) has an average daily trading volume of $500 …