My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA strong move to the upside supported the bullish cause and brought us closer to a Buy signal for domestic equities. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved now +1.34% above its long-term trend line (red), which means we are honing in on the +1.50% buy level. The …
The Dreaded “R” Word
For the first time, Fed Chairman Bernanke acknowledged that a possible recession can’t be ruled out. Although he did not back off his viewpoint that there would be some sort of second half recovery, he seems to have come around to what the rest of us have been thinking. His view put a stop on any continuation of Tuesday’s rally, …
April Fools’ Or The Real Thing?
Yesterday, the markets staged a major rebound with Dow gaining almost 400 points in very similar fashion to a few weeks ago. The big question remains now if this was just an April Fools’ joke or the real recovery many have been hoping for. We’ve seen these head fakes not too long ago on both, the upside and the downside. …
A Quarter To Forget
As it turned out, this past quarter was one that many investors, traders and advisors are glad to put behind them. The major markets, as the above table shows, were mired deep in red and many sector trends came to an end in January causing several whipsaws. It was the steepest decline in 5 years. This is not to say …
The Income Debacle
A few days ago, a retired reader asked my opinion on a variety of income funds since his goal is to supplement his pension. Most of the closed end funds he mentioned looked pretty much the same when looking at a chart. As an example, here is DDF: DDF pays a mouth watering dividend yield of 10.5%. It would be …
Sunday Musings: Sharing Investment Success
As you know from my weekly newsletter and published articles, as well as this blog, my investment preference is the use of a methodical and mechanical approach to investing, which eliminates emotional and irrational decision making. Trend Tracking (or trend following) has had its share of supporters for a long time, some who have amassed huge fortunes via fairly simple …