Some new readers of this blog are not up to speed as to what trend tracking is all about and still have a buy-and-hold mentality. Here’s one comment I recently received: While a 7% sell stop strategy may prevent major losses during a Market melt down, they also greatly inhibit the upside over the long run. John Bogle, and many …
Above The Sell Stop
One reader was looking for some clarifications as the Trend Tracking Indexes (TTIs) have retreated sharply with recent market activity. This is what he had to say: You mentioned some of your sell stops were hit. I have to believe all were hit since hardly anything has withstood a 7% loss, this Tuesday’s rebound notwithstanding. So given that the TTI …
No Load Fund/ETF Tracker updated through 2/11/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe sideways pattern continued although the major indexes managed to close slightly higher. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +2.96% keeping the current buy signal intact. The effective date was June 3, 2009. The international index has now …
More Commission Free ETFs
After Schwab had thrown down the gauntlet a few months ago by offering a small menu of commission free ETFs, it was only a matter of time before someone else picked it up. MarketWatch reports in “Big brokers cut commissions to draw ETF assets:” Online brokers are fighting hard for a greater share of the fast-growing exchange-traded fund business, and …
Greece Lightening
After Monday’s pullback, the markets rebounded strongly more than wiping out the previous losses. The catalyst came in form of yet to be confirmed news that the European Central Bank has a plan to deal with Greece’s debt. Germany is allegedly working on a rescue package with possible loan guarantees, but these rumors were later rebuffed as unfounded. Nevertheless, that …
Uncertainty Reigns
Yesterday was not an uplifting day in the markets as an early rally faded, and the major indexes closed near their lows of the session. We have become almost accustomed to last hour rebounds just as we’ve seen last Friday, but no luck this time. The Dow closed below the 10k level for the first time since November as fears …