My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDisappointment over JP Morgan’s earnings pulled the major indexes into negative territory for the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +6.11% keeping the current buy signal intact. The effective date was June 3, 2009. The international index …
Don’t Get Stuck In A Range
Recently, I had an email exchange with a reader, who misunderstood the exact recommended sell stop figures and used 7.5% for broadly diversified equity mutual funds/ETFs and a range of 10-12% for sector and country ETFs. There is nothing wrong with using a sell stop percentage that you are comfortable with, such as 7.5%. I know of advisory firms that …
Thoughts On Utility Funds
Many investors prefer utility funds/ETFs when it comes to the generation of income but, as the past years have shown, they are anything but the perceived place of safety where money can be parked without worry. The WSJ featured an article on the subject titled “A Classic Dividend Play.” Let’s listen in: Utility stocks didn’t fully participate in last year’s …
You Don’t Need A New High
Reader Bill was looking for clarification with setting his sell stops as we moved into the New Year. Here’s what he said: I have all the formulas (for my sell stops) on my spreadsheet so the NOW part updates itself everyday giving me a new GET OUT @ number. My question and I think I already know the answer is: …
Which ETFs Will Lead—On The Way Down?
One reader is concerned about the effects of a correction on his portfolio. This was his recent comment: If the markets, both domestic and international should have a considerable correction, any thoughts on what asset class might have the largest drawdown? Generally, I think it’s those up the most. At this time it would seem to be emerging markets, Nasdaq …
Sunday Musings: Conspiracies
I am not a believer in conspiracy theories, but occasionally I have voiced my opinion during the past 9 months questioning the fundamentals driving this market rebound. While fundamentals do not influence my decision making process in regards to trend tracking, I do try to evaluate the economic landscape. Predominantly questionable economic news reports have made me wonder where all …