Recently, reader Robert submitted a video clip analyzing the history of money printing and its recent acceleration. Take a look at it, and then we’ll discuss some of these issues: http://www.youtube.com/get_player Sure, long-term, there will be an inflationary effect, and I’ll comment more on that tomorrow. But what about the dollar? Will it be sharply devalued as the effects of …
No Load Fund/ETF Tracker updated through 3/12/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe bulls came out charging after the S&P; 500 made a 12-year low on Monday, and pulled the major indexes out of the doldrums. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -9.47% thereby confirming the current bear market trend. The international index now …
Who Supplies Your Investment Information?
To me, it’s simply amazing that masses of investors tune into financial news shows, like CNBC, and actually take the offered information as credible advice. It’s pretty sad that serious money matters are being marketed purely based on entertainment value and not on the basis of what might really make sense in the current market environment. The bias in these …
A Dead Cat Bounce?
It was bound to happen sooner or later. No matter how deeply we are entrenched in a bear market, there will be rallies based on short covering and hope that economic improvement lurks around the corner. That appeared to be the case yesterday, and we’ll have to wait and see if this will be a substantial rebound or just another …
Ignoring Support
As almost has become a habit at the beginning of a new week, the market took another hit to the downside yesterday. While the damage was only around 1% for the major averages, many technicians will be now slobbering over the closing numbers as the support level of 680 on the S&P; 500 was taken out. I reported in “Looking …
Hedging: Reader Q & A
Reader Sig had this comment after reading my new e-book “The Simple Hedge Strategy:” First let me thank you for your continued effort to educate and inform us neophytes. I really appreciate your efforts on our behalf. My question is this: I have found there is a 90 day holding period on most mutual funds. Am I correct, and if …