The market tripped a little yesterday but, as has been the case lately, the bulls put up a fight after the early sell off, and the losses ended up being moderate. On the horizon is the Fed’s decision on interest rates, which is due out on Wednesday. While no changes are expected, uneasiness nevertheless prevails. With the economy being as …
The Mother Of All Bear Market Rallies?
Mish at Global Economic Analysis referenced an interesting article written by economist Dave Rosenberg titled “What Growth is the S&P; 500 Pricing in? Here are some highlights: Based on past linkages between earnings trends and the pace of economic activity, believe it or not, the S&P; 500 is now de facto discounting a 4¼% real GDP growth rate for the …
No Post
There will be no post today, since various commitments are keeping me out of the office. Regular posting will resume on Monday.
Retirement Plan Worries
Despite the recent rebound in the market place, not all is well in most 401k accounts, as MarketWatch reports in “Plenty of Reasons to Worry:” Happy days are here again, right? After all, the markets are up, Americans are twittering happily about their 401(k) accounts, and life is good, right? Not so fast. The Employee Benefit Research Institute just rained …
No Load Fund/ETF Tracker updated through 8/6/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe rally resumed after a few flat days with the better than expected unemployment report driving the major indexes to their highs for the year. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +4.68% keeping the current buy signal intact. …
Lifestyles Of The Rich And Incompetent
Reader Delo pointed to a link on Minyanville featuring Eight Lifestyles of the Rich and Incompetent. There seems to be some correlation in the size of the mansion they are occupying and the stock price of the company they’re running. Enjoy the slide show.