One of the most frequent requests has been the automation of tracking sell stops. While I use my data base and a customized spreadsheet to do that, some readers are not always near their computers and are looking for an alternative solution. I have found another site called SmartStops.net that provides this type of service. I have not tried it …
Sunday Musings: No Free Lunch
Economist Irwin Kellner had some interesting thoughts in “No such thing as a free lunch:”The budget that is now being put together for the coming fiscal year calls for the federal government to spend far more than it expects to take in. Last year’s budget deficit was the biggest in history in nominal terms and this year’s figures to be …
Dow 8,000?
I was reading “Dow could plunge to 8,000,” which supports another view of the potential downside market risk. Here are some highlights: Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold. The result: The Dow Jones industrial average fell 3.5 percent in January, the worst month for stocks since …
No Load Fund/ETF Tracker updated through 2/4/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpEuro land worries and not a great jobs report gave the bears the ammunition to pull the major indexes lower. However, a sharp rebound on Friday prevented a third down day in the markets. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the …
Going Sideways For 5 Years?
Reader Jim posed an interesting question: Just read this article on Morningstar about the likelihood of a sideways market over the next 5+ years. Basically, the author, a senior vice-president at Legg Mason (fancy title for being a “chief salesman”) think we’ll likely be in a sideways stock market where momentum investing won’t work very well and value stock picking …
Reader Q+A: More Sell Stop Clarifications
Some readers were still having trouble about the proper implementation of the sell stop discipline during the recent market pullback: In my government thrift fund, I can chose from S&P; 500, small cap, international, bond and treasuries. The international fund dropped to just over 7% of its 1/14 high today but your international fund trend line is still in positive …