Despite a pullback in the market on Tuesday, the domestic Trend Tracking Index (TTI) managed to stay above the upper range of the neutral zone. Its position is now +1.72% above its long-term trend line. If the TTI can remain above the +1.50% level for another trading session, a domestic Buy will be validated, and we will move back into …
Upside Breakout—Again
Here we go again. Yesterday’s rally erased pretty much all of Friday’s losses and pushed our domestic Trend Tracking Index (TTI) back out of the neutral zone. The domestic TTI has now moved to +1.83% above its long-term trend line, slightly above the upper range of the neutral zone (defined as a level of +1.50% above its trend line). Again, …
Types Of Risks
MarketWatch featured a story called “Point of no return,” which questions whether risk taking is worth the emotional cost for many investors. Eight different types of risks are examined with the premise that there more of these are faced in a portfolio, the more diversified it is: Let’s look at the types of risks mentioned:1.Market risk is the big bugaboo, …
Sunday Musings: Using The Numbers To Suit Your Needs
You may recall my book review last June with the title “Why Business People Speak Like Idiots.” I am reminded of the stupid statements being pushed on to the public almost daily. One in particular that caught my eye a couple of days ago was a blurb by the WSJ MarketBeat called “AIG Slumps…If One Believes in Numbers.” Let’s listen …
Shoring Up Money Market Funds
Just because its not headline news, does not mean that all is well in “money market land.” I have repeatedly advised not to play the sucker’s game and invest idle cash in high-yielding money market accounts, since they are the biggest investors in toxic Subprime slime. On that topic, MarketWatch reported that Legg Mason swings to quarterly loss. Here are …
No Load Fund/ETF Tracker updated through 5/8/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpContinued sideways activity kept us away from a new domestic Buy signal. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved now +1.35% above its long-term trend line (red), which means we remain close to breaking out to the upside of the neutral zone (+1.50%). The international index dropped to …