Yesterday’s sell off continued today in the face of a rally attempt that ended up giving the bears the upper hand. As of today, the Trend Tracking Indexes (TTIs) are positioned in regards to their long-term trend lines as follows: Domestic TTI: -0.10%International TTI: -1.30% The domestic TTI barely crossed to the downside, so the risk of a reversal back …
Mutual Fund/ETF Investing: Learning From The Past
Motley Fool featured a variety of topics in last week’s “Weekly Fund Wrap-Up.” One of them addressed Janus Capital’s recent financial comeback. It hasn’t been front page news but Janus had suffered years of fund outflows after investors left in droves. Why? During the bear market, Janus was hit hard with losing billions of dollars in assets. To be clear, …
Special No Load Fund/ETF Tracker Update For 8/14/2007
Another steep sell off has moved our Trend Tracking Indexes (TTIs) within striking distance of an all out Sell signal. As of today, the TTIs are positioned in regards to their long-term trend lines as follows: Domestic TTI: +0.87%International TTI: +0.34% Over the past few weeks, I have been liquidating those holdings that have triggered our sell stop points, and …
No Load Mutual Fund/ETF Investing: Staying With The Top Performers
A recent article in the WSJ talked about the fact that larger stocks are finally starting to take the lead in regards to performance when compared to small cap stocks. “Megacaps,” with a stock market value of at least $50 billion, have picked up speed this year through July. For that period, the Russell 1000 Index, which includes the largest …
ETF/No Load Fund Trading: How Important Are Fund Trading Costs?
Bloomberg had an article titled “Soft-Dollar, Trading Costs Devour Fund Returns,” which describes the effect of various expenses and trading costs on overall mutual fund returns.The story goes on to look at a fund manager’s turnover rate, which is the amount of trading expressed as an annual percentage of fund assets. For example, a turnover rate of 100% tells you …
Sunday Musings: Things That Bother Me
Everybody has one or more pet peeves they feel strongly about. I am no exception. Here’s one that no doubt you are encountering as well on a daily basis, which is the downright obnoxious, funny and sometimes dangerous use of cell phones. To me, cell pones are one of those inventions that can make your personal and business life easier …