In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 10/23/2011.
Again, the markets assumed a positive outcome of this weekend’s European summit based on hopes that all debt issues will be resolved. The news headlines were chockfull of announcements showing unity and agreement between the German’s and the French only to be questioned hours later.
It’s simply been a week of insanity in how markets reacted to nothing but wishful thinking. By the end of this weekend, we will hopefully know more about the alleged master plan, unless the leaders decide that they don’t really have much to go by and simply postpone any hard decisions under the pretense that more meetings are needed.
If you followed my sell stops rules, you should no longer have any equity exposure at this time with the possible exception of a couple of sector/country/bond ETFs, or hedged positions.
This week, we covered the following:
Reader Q&A: How Did I get Caught On The Wrong Side of the Trend?
ETF Leaders And Laggards – For The Week Ending 10/21/2011
ETF/No Load Fund Tracker Newsletter For Friday, October 21, 2011
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 10/20/2011
Markets Cool Off a Bit, But Equity ETFs Are Still in the Hot Seat
The Long-Term Outlook Still Looks Questionable for Equity ETFs
7 ETF Model Portfolios You Can Use – Updated through 10/18/2011
This Market Turbulence is Mind Boggling for ETFs
Market Risk is Back On For Equity ETFs – Are We Heading Down Again?
Sector ETFs: Is There Upward Momentum? ETF Master Cutline Report Provides Some Answers
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Comments 1
Dear Ulli,
Actually, I got out before you did : ) Like you, I still feel cautious (despite the IBD buy signal two weeks ago). I appreciate your caution. And as always, I greatly appreciate your sharing of knowledge and wisdom. Willkomen zuruck in America (sp?).
Mel