While ETFs continue to be the hottest investment tool, much to the chagrin of mutual funds, when it comes to the high yield arena, they are still a worthy competitor as ETF Trends submits in “High-Yield ETFs vs. High-Yield Mutual Funds:” Exchange traded funds (ETFs) may have siphoned billions of investment money out of mutual funds in the past year, …
Sunday Musings: The Greek Crisis And Stock Market Trends
The Greek debt crisis has been a factor in affecting the direction of world stock markets, at least for the time being. While no one can predict what the true long-term consequences will be, there have been similar fallouts in history that might give a clue. Mark Hulbert had some thoughts on this topic in “Tragedy or Comedy?” The difference …
Most Innovative ETF
If you’re interested in following risk-adjusted returns of the collective hedge fund universe via one ETF, take a look at “IndexIQ’s IQ Hedge Multi-Strategy Tracker ETF (QAI):” IndexIQ’s IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI) has been named the Most Innovative ETF by Capital Link, it was announced today. The IQ Hedge Multi-Strategy Index, the index underlying QAI, also …
No Load Fund/ETF Tracker updated through 4/29/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpSeveral triple digit days favored the bearish crowd this week, and the major indexes retreated. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +4.41% keeping the current buy signal intact. The effective date was June 3, 2009. The international index …
Off Course ETFs
Leveraged ETFs have been known to stray of course by not exactly tracking the underlying index they’re based on. In “Are ETFs More Risky Than You Think?” this area is explored a little more in detail: Unlike mutual funds, which are managed to try to get the best return, exchange-traded funds are meant to accurately reflect an entire index of …
Junking Greece
Just as Wall Street had settled in on Tuesday to watch the Goldman Sachs grilling before a Senate committee, S&P; stepped into the limelight by downgrading Greece’s debt to junk and reducing Portugal’s by a notch. That put the dollar and Treasuries into rally mode, while stock markets around the world headed south. A mid-day rebound attempt fell short as …