Category Archive

With the formerly Big 3 automakers having been constantly in the news lately, the question asked most recently was what if GM goes broke? MSN Money had some insights as to the consequences: Neither a bailout nor bankruptcy may save General Motors or the other Detroit automakers. So imagine the cost of losing GM, starting with millions of jobs. The …

Ever since the markets made new lows in October many investors, as well as the folks on Wall Street in general, were on a quest to declare a bottom which, I guess, was supposed to be followed by an imminent and profitable turnaround. I received my share of emails from readers curious about the subject of bottom fishing. The WSJ …

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA repeat of last week as the bears had fun feasting on a bullish carcass. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -17.17% thereby confirming the current bear market trend. The international index now remains -32.27% below its own trend line, keeping us …

It’s been all over the news that the CEOs of the 3 automakers traveled to Washington again, hubcap in one hand while looking for a handout with the other. Minyanville had this story: If you’re planning to beg Uncle Sam for $25 billion, it might be smart to brush up on your poor-boy act first. The CEOs of General Motors …

Reader John had these questions and comments: Given the fact this market is something we’ve never experienced is your re-entry strategy the same as in the past?Yes it is; nothing has changed with our re-entry strategy. As the bear market goes on, the trend line will move lower, while prices eventually move higher generating a new buy at the crossing …

While I don’t always agree with Bill Fleckenstein’s view, he wrote an interesting article yesterday titled “Trillions down and still bailing.” Take a look: Unfortunately, despite some 12 financing facilities created by the Treasury and the Fed, massive interest rate cuts and various bailouts, the government has little to show for its attempts to dictate where markets should trade. The …