Sometimes it pays to look at the big picture to see where we have been, where we might be going and what has changed. Doing that will at the same time also answer a frequently asked question, namely how much time does the domestic Trend Tracking Index (TTI) spend in bullish vs. bearish territory. As you know, for me, the …
No Load Fund/ETF Tracker updated through 4/23/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDespite sharp losses early in the week, the major indexes managed to claw back. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -2.82% thereby confirming the current bear market trend. The international index now remains -4.09% below its own trend line, keeping us on …
Nothing But The Truth
Hat tip to reader Rob for pointing to a very fascinating interview between Bill Moyer and William Black, author of the the book “The Best Way To Rob A Bank Is To Own One.” You can view the video at: www.pbs.org/moyers/journal/04032009/watch.htmlIt’s about 25 minutes in length, but I was so intrigued by what Bill Black had to say about the …
Tripling Down
Inverse funds and ETFs have made it easier than ever for investors to play the short end of the market. Even double and triple-leveraged funds have been around for a while, and recently Direxion has added another group to its ever growing stable as SeekingAlpha reports: Direxion, the provider of revolutionary triple-leveraged exchange traded funds (ETFs), is out with a …
Disconnect
The stock market has been in a total disconnect mode from economic reality over the past 6 weeks all based on the glimmer of hope that an economic turnaround may be lurking on the horizon over next 6 months or so. It’s too early to tell if yesterday’s sharp sell off means that the markets have shifted back to reality …
Another Hedge Experience
Reader David emailed and had this to say about the recent discussion about the use of the SimpleHedge Strategy: I have enjoyed your weekly newsletters and daily blog for some time. Thank you for sharing your knowledge and wisdom. I noticed a recent blog from ‘Foster’ concerning your simple hedge strategy where he used mutual funds as the long position. …