CNNMoney featured an excellent article called “Why the private equity bubble is bursting.”It recaps the insane leveraged buyout fever of the past couple of years which caused some unintended consequences while fueling the stock market rise into record territory. It’s well written and gives you a better understanding of why the bubble is bursting. There is some focus on the …
Sunday Musings: Would You Be Better Off Today Without The Subprime Saga?
I received the following e-mail from reader Rich: “Thanks for your rational take on the market & its current woes. I happened to mention the need for a look at what US Government lending regulation might have prevented & nearly got fired on the spot this week. I recall mentioning this in my College Economics curriculum years ago & the …
From the ETF/No Load Fund Investing Archives: Controversial Words Of Wisdom
Mark Twain said it best in this quote: “When you find yourself on the side of the majority, it’s time to pause and reflect.” To my way of thinking, this certainly holds true when it comes to handling your money. There are few advisors and others who don’t believe in the Wall Street induced herd instinct type of investing. It …
No Load Fund/ETF Tracker updated through 8/16/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpTo describe the markets of providing a roller coaster ride would be an understatement. For more details about this week’s action, please see the above link. Our Trend Tracking Index (TTI) for domestic funds/ETFs fell but still remains +1.33% above its long-term trend line (red) as the chart below shows: The …
Special No Load Fund/ETF Tracker Update For 8/16/2007
Many people like to travel to places like Las Vegas for life changing experiences or to live on the edge—at least for a few days. If you have that tendency as well, you were in luck this week. All you had to do is turn on the financial markets and you would have gotten more than your monies worth of …
No Load Fund/ETF Technical Analysis: The Gap Is Closed
In a previous post, I had mentioned the fact that breakaway gaps, that occur on charts as a result of overly confident investing behavior, will be always be closed. That simply means a market pullback will correct prices to the downside. Here’s an enlarged version of the Trend Tracking Index (TTI) chart: You will note that the gap (red arrow), …