It struck me as being funny the way reader Jim phrased his question, although this very same thing probably has happened to many investors at one time or another: If I had been asleep when my ETF crossed above its 39 wk M/A, what would you recommend as a late buy signal?Actually, this happens in my advisor practice all the …
Sunday Musings: Debt Disasters
MarketWatch featured an interesting story titled “Debt disaster fears rumble from Athens to London.” Here are a few highlights: Rumors of a debt disaster are swirling around Europe, from Athens to Madrid and all the way to London. Investors have rushed to sell Greek bonds since the newly elected government of George Papandreou made a startling revelation: the deficit will …
What Do You know About The ITCS Principle?
Forbes featured an interesting piece with the title “Brokers Behaving Badly.” Here are a few snips: Brokers deserve to be compensated, but the ways they are compensated deserve very close scrutiny.… There are two predominant methods of compensation. The first is commissions; the second is the so-called “fee based” account. In the old days, brokers charged commissions and advisers charged …
No Load Fund/ETF Tracker updated through 12/17/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpMore of the same from last week, with the major indexes not making any headway. The Nasdaq bucked the trend and gained 1%. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +6.61% keeping the current buy signal intact. The effective …
Fed Takes Starch Out Of Rally
A nice rally faded after the Fed announced that interest rates would be unchanged and remain at record low levels. The major indexes ended up barely changed. Implied in the message was the hint that rates will move up, but not anytime soon. Furthermore, the Fed noted that that plans exist to end a host of programs designed to support …
The Final Frontier
The WSJ reports that ETFs are reaching the more remote corners of the world in “ETS Aim to Tame the Final Frontier:” Exchange-traded funds are launching to focus on emerging-market nations, particularly the smaller ones that lack the allure of giants like India and China. The freshest entry is Van Eck Global’s Market Vectors Poland ETF (trading symbol: PLND), which …