My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA volatile week left the major indexes with only minor changes. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved lower and now remains -0.08% below its long-term trend line (red). The international index dropped as well and now remains -5.65% below its own trend line, keeping us on the …
Clarification Of The Sell Strategy
In regards to Monday’s post “Honing In On The Sell Strategy” one reader had this to say:In Friday’s newsletter stat sheet, you said “My sell rules are as follows: I will liquidate any of my holdings if they drop by more than 7% from their highs since I bought them, or if the TTI breaks below the neutral zone, which …
Worse Than It Looked
The bulls claimed victory on Tuesday because the markets held their own and closed around the break even point as the chart from MarketWatch shows. These days it seems to take very little to keep the bulls happy. However, Fed chief Bernanke’s saber rattling about inflation and potentially higher interest rates boosted the dollar but caused other markets to decline. …
Municipal Defaults Triple
Over the past few months, I have expressed my hesitation in investing in any municipal bonds or bond funds. Many readers have emailed me regarding my thoughts on various opportunities in that arena. I believe that the continuing fallout from the Subprime/credit/real estate crisis will have negative economic effects with the exact extent still being ahead of us. One “casualty” …
Honing In On The Sell Strategy
With the market trends zigzagging, and our domestic Trend Tracking Index (TTI) having moved closer to its long-term trend line (+0.73%), a potential Sell signal has become a possibility again. One reader had this question: Would you please take a moment to elaborate on your sell strategy?You will sell if the TTI falls below the 195 day MA. Will you …
Sunday Musings: Where Have All The Leaders Gone?
Last month, I referenced Lee Iacocca’s new book “Where Have All The Leaders Gone?” I finally got around to reading it, and I have to admit that it was one of the more inspiring books I have come across in a while. Provocative and timely, the most widely recognized business executive of all time asks the tough questions that America’s …