Heading Towards Dow 12,000

Ulli Uncategorized Contact

Yesterday, decent earnings reports, along with the technology sector finally showing some leadership after several days of losses, pushed the Dow within striking distance of breaking through its 12,000 level. Some headwinds, as a result of not very exciting report cards from American Express and Texas instruments, may delay a break through that milestone today, unless other positives outweigh those …

Reader Q & A: Taking Profits

Ulli Uncategorized Contact

Reader David had the following thoughts on taking profits: I do not recall you writing about taking profits. We have all heard the old slogan of “cut your losses and let your profits run”. It seems to me that there must be circumstances where you might want to sell part (or all) of a very successful position to lock in …

Traveling

Ulli Uncategorized Contact

I’ll be out this entire weekend and will not have a chance to write any articles. Regular posting will resume on Monday morning.

No Load Fund/ETF Tracker updated through 1/20/2011

Ulli Uncategorized Contact

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA minor pullback pulled the Nasdaq and the S&P; 500 lower by moderate percentages. However, the markets have not been able to overcome overhead resistance. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved above its trend line (red) by +4.58 % (last week +5.60%) and remains in bullish mode. …

Losing Steam

Ulli Uncategorized Contact

So far, the 1,300 level of the S&P; 500 has been a formidable opponent for the bullish crowd, as the markets sold off yesterday after coming within striking distance of breaking through that milestone. Despite the positive earnings from IBM and Apple on Tuesday, it was a reversal on Wednesday as the financials and technology shares were a drag on …

Nibbling At The 1,300 Level

Ulli Uncategorized Contact

Resiliency was the word of the day, as disappointing earnings from Citigroup and concerns about Apple were offset by upbeat manufacturing data. As we have seen so often lately, even a sliver of a silver lining gets the bulls going, and yesterday was no exception. The Dow lead the way higher and dragged the S&P; 500 and Nasdaq slightly above …