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 6/3/2012.
The roller coaster ride continued with the S&P 500 getting spanked at the tune of -3% over the past week.
While momentum has clearly shifted downward, with the major indexes dropping below their respective 200-day moving averages, our TTI is still hanging on to the bullish side of the trend line.
Any more downside activity and this indicator is likely to follow the crowd into bear market territory as well. Stay tuned to the blog, since I will be making the announcement here as soon as this crossing of the trend line occurs.
This week, we covered the following:
Markets Are Overreacting On The Jobs Data; QE3 On The Table: James O’Sullivan
Taking stock – AlphaClone Alternative Alpha Exchange-Traded Fund (ALFA)
ETF/No Load Fund Tracker Newsletter For Friday, June 1, 2012
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 5/31/2012
US Stocks End Lower As Major Market ETFs Lose Six Percent In May; TLT Rises, USO Dips
US Stocks Slide As Spanish Storm Looms; ZROZ Soars
7 ETF Model Portfolios You Can Use – Updated through 5/29/2012
Equity ETFs Rebound On Week’s First Trading Day; CHIM Vaults, VXX Tanks
ETFs/Mutual Funds On The Cutline – Updated Through 5/25/2012
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Comments 2
Ulli,
I am using your recommended trailing sell stops to good advantage for ETFs. Do you have a suggestion for how to best use this technique for high yielding stocks such as utilities and “blue chips” that are not in the financial sector? 7% or ?
Thanks.
Al Meyer
Al,
For stocks, which are not my specialty, I have found that you need to use a higher percentage in order to work with sell stops. The exact number depends on your risk aversion, but I have seen percentages used vary from 10 – 20%.
Ulli…