My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA week of roller coaster actions left most investors more than ready for a long weekend. Our Trend Tracking Index (TTI) for domestic funds/ETFs vacillated and has now moved to +3.02% above its long-term trend line (red) as the chart below shows: The international index also moved to +1.59% above its …
From The Investing Archives: The Danger Of The Herd Instinct
A famous person once said that wealthy people are no different than you and I; they only have more money.This famous line certainly rang true when I read a news blurb in Marketwatch titled “Goldman hedge fund reportedly hit hard.” After Bear Stearns’ disaster hedge fund collapse, it appears that Goldman Sachs is next on list. Its $8 billion Global …
Special No Load Fund/ETF Tracker Update For 8/29/2007
If you felt like a yo-yo over the past couple of days watching the activity on Wall Street, you’re not alone. After yesterday’s sharp losses, the market came back with a vengeance and erased most of the deficit. The good news of this roller coaster ride is that there seems to be a threshold where buyers can’t resist stepping back …
Special No Load Fund/ETF Tracker Update For 8/28/2007
No positive news anywhere with weakening consumer confidence and more housing weakness leading the charge for the bears. This might not have been too bad of a punch but lack of commitment from the Fed in regards to an interest rate cut sent the market south with the Dow losing 280 points. Our Trend Tracking Indexes (TTIs) followed suit and …
Special No Load Fund/ETF Tracker Update For 8/27/2007
Yesterday’s market activity had little influence on our Trend Tracking Indexes (TTIs). Disappointing housing data were too much to overcome and the Dow slipped some 57 points. The Trend Tracking Indexes (TTIs) are now situated relative to their long term trend lines as follows: Domestic TTI: +2.64%International TTI: +1.00% Even though the international TTI remains slightly above its long-term trend …
Introducing The M-Index: Major Upgrade To The No Load Fund/ETF Tracker
After months of work, I am pleased to announce that the weekly StatSheet has been improved by adding an additional column called the M-Index (Momentum Index). The M-Index represents one momentum number, which you can use to simply and quickly identify the top performing funds/ETFs in any category. Since it is calculated based on the average of the existing momentum …