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 2/3/2013.
After the S&P 500 broke its 1,500 milestone level last week, it was now the Dow’s turn, which conquered its own respective 14,000 marker on Friday. With 1,500 now clearly in the rear view mirror, I am running out of superlatives to describe this equity march into the stratosphere.
Sure, as I have repeatedly posted, whenever you create a reckless amount of money, such as the Fed’s $85 billion per month, a good part of it will look for a new home and equities are the place of choice despite poor earnings, a weak GDP and other numbers that in no way support these lofty levels.
Since we don’t control any of these issues, we will simply follow the trends as long as they last and exit our positions whenever our trailing sell stops give us the sign to do so. That eliminates any kind of guesswork or emotional decision making.
Over past week, we covered the following:
One Man’s Opinion: Do Bond Markets Pose The Biggest Risk?
New ETFs On The Block: Wisdomtree Global Corporate Bond Fund (GLCB)
ETF/No Load Fund Tracker Newsletter For Friday, February 1, 2013
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 1/31/2013
Equity Indexes Retreat, But Notch Strong January; Europe Edges Lower
GDP Experiences Shrinkage; Stocks Retreat On Growth Worries; Europe Falls After US Economic Data
7 ETF Model Portfolios You Can Use – Updated through 1/29/2013
Up, Up And Away; Dow Hits 2007 High; Europe Touches 23-Month High
S&P 500 Clings To 1,500 Level As Housing Disappoints; Europe Mixed
ETFs/Mutual Funds On The Cutline – Updated Through 1/25/2013
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Comments 3
Hi Ulli,
Glad to See You around …!
YOU wrote: “exit our positions whenever our trailing sell stops give us the sign to do so. ”
I have Question ?
Please give Me YOUR definition of Said EXIT … its Like 5 % down or 7 % … or ???
Respect,
Semserus
Semserus,
I use the following trailing sell stop points:
1. Bond Funds/ETFs: 5%
2. Broadly diversified Domestic/International funds/ETFs: 7%
3. Country/Sector ETFs: 10%
Hope that helps.
Ulli…
I like your E Book