Got an e-mail from newsletter reader JP a few days ago regarding the proper use of sell stops as it pertains to my trend tracking methodology. While this topic has been discussed before in my Reader Q & A section on 2/2/2007, it nevertheless is an important point which bears repeating. Here’s what JP ran into when the markets tanked …
ETF News: When a ‘Buy’ Could Be A ‘Sell’
A few days ago, I read a short piece in the WSJ about the benefits of ETF investing. No news there; but the story went on to say that many investors who follow analysts’ “Buy” ratings could be in for a surprise. While my preference is the use of momentum figures, regardless of what anyone else thinks or says, making …
ETF Investing: How To Benefit From The Falling Dollar
The Dow made new highs this week, and the dollar hit 26-year lows. What a combination! Without getting involved in the futures market, you can still participate in a rising Euro/declining Dollar scenario. The chart shows FXE, an ETF that tracks the price of the Euro currency. It pays a 2.32% dividend and last year returned slightly over 13%. It’s …
No Load Fund/ETF Tracker updated through 4/20/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpExtremely bullish sentiment caused by good earnings news pushed all major indexes to new lifetime or multi-year highs. Our Trend Tracking Index (TTI) for domestic funds rallied higher and now sits +5.32% above its long-term trend line (red) as the chart below shows: The international index made new highs as well …
Dow 14,000 in 2007?
You will never, ever hear any predictions from me. I am merely following trends not trying to get egg all over my face. But the extremely bullish crow is at it again. With the Dow having set a new intra-day high yesterday of 12,838.46, the next milestone of 13,000 is just a slight push away and 14,000 is appearing on …
SubPrime Loan Solution: Let’s Bail ‘Em Out
Last week’s article on the latest in the SubPrime loan arena really irked me. Turns out that consumer groups called on congress to revise the current bankruptcy law to save the homes of borrowers drowning in the rising tide of foreclosures. I am certainly a sympathetic person, but that smells like another government bailout to me. Shouldn’t a potential homeowner …