Once in a while you find a politician who actually says it like it is. While this is a rarity here in the U.S., with maybe the exception of New Jersey governor Chris Christie, you have to look to the other side of the Atlantic to find refreshing and brutal honesty. While we’re stuck in this ridiculous trap called “political …
2011: A Recovery In Housing?
One of my favorite reads of the day is Dr. Housing Bubble. While he mainly focuses on real estate in general, he occasionally also comments on the economy. Since the real estate crash has had such a negative impact on the lives of many investors, is there really a recovery in the cards next year? For one viewpoint, here are …
No Load Fund/ETF Tracker updated through 11/25/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA roller coaster ride caused by the European debt crisis and saber rattling in Korea pulled the major indexes lower by about 1%. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved above its trend line (red) by +5.36% (last week +5.80%) and remains in bullish mode. The international index …
Giving Early Thanks
In an about face, the markets rallied right out of the starting gate yesterday and never looked back. In the end, all of Tuesday’s losses were made up, and the S&P; 500 closed at the exact number of last Monday. Powering the rebound was a bullish report on jobless claims along with positive individual stock stories. Two other catalysts helped …
Bears On The Prowl
Traders on Wall Street had to do an about face yesterday and take their focus off the European debt crisis for a while, as the shelling of a South Korean Island by the North Korean’s caught everyone off guard. As if existing problems weren’t enough, the North Koreans decided it was time to get some attention and what better way …
Hill Climbing
Things looked pretty dicey during the first half of the trading session yesterday as the major indexes headed straight south. A steady mid-day recovery effort got us almost back to the unchanged line with the Nasdaq displaying the most upward momentum. A couple events caused some severe swings in the market. The first one was a typical case of the …