Since I have been writing frequently about the Subprime debacle for most of this year, you might be getting tired of reading about it. However, its incredible negative impact and consequences are here to stay for some time to come and will affect adversely not only the U.S. economy but many countries worldwide. It’s interesting how the Subprime pig, as …
Sunday Musings: Balance Migration
When I wrote last Sunday’s piece on the newly created term “Market Dislocations” and the possibility that we might be introduced to more BS terminology relating to the Subprime fallout, I did not realize how quickly new terminology might appear. MarketWatch had a blurb titled “Bear CFO: some prime brokerage clients moved money to rivals,” in which he explained that …
ETF Investing: Market Agony
No matter which investment methodology you use, you are bound to be frustrated and disgusted from time to time. Recent market behavior seems to have brought these feelings to the front burner, as reader Chris writes: I value your input and am grateful for the service you provide. How do you deal with the volatility of the market such that …
No Load Fund/ETF Tracker updated through 11/15/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpHigh volatility marked this week as the major indexes managed to come out ahead. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved to +4.44% above its long-term trend line (red) as the chart below shows: The international index slipped -0.63% below its own trend line, keeping us in a …
Is The Dow Theory Favoring The Bears?
The Dow Theory, a market trend forecasting system developed in the late 19th century by WSJ editor Charles Dow, is close to signaling that the primary trend of the market, which has been up for five years, is down, or bearish, USA Today reported.Chuck Carlson, contributing editor of Dow Theory Forecasts newsletter said that “the market is at a big …
Dead Cat Bounce Or Trend Reversal?
Euphoria returned to Wall Street as yesterday’s sharp rebound rally lifted the major indexes out of the doldrums after relentless selling for most of November. The question now is whether this marks the beginning of a trend reversal or is simply a dead cat bounce with more downside activity to come. While obviously no one has that answer, I believe …