Several readers have emailed me and were wondering if there was some credence to articles suggesting Natural Gas (UNG) as an investment was ready to explode. Maybe there are new fundamental reasons, but I have heard most arguments every so often over the past few years as UNG plummeted further into abyss. The following 5-year chart clearly depicts the misery …
Sunday Musings: Disconnect
Emerging markets, the leader of the past, have been holding up relatively well since the Egyptian crisis has erupted as MarketWatch reports: For emerging markets investors, the unrest in Egypt has been unsettling, to say the least. But the steep losses in Egypt’s now-shuttered stock market barely have affected the returns of emerging-markets mutual funds and exchange-traded funds. The Egypt …
An Active Bear ETF
Hat tip goes to reader Larry who pointed to a new ETF that recently came on the market. It’s a managed Bear ETF and it works as follows: The investment objective of the Active Bear ETF (HDGE) is capital appreciation through short sales of domestically traded equity securities. The HDGE portfolio is sub-advised by Ranger Alternative Management, L.P. The portfolio …
No Load Fund/ETF Tracker updated through 2/3/2011
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php A breakout to the upside moved the Dow and S&P; 500 above their milestone 12,000/1,300levels. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved above its trend line (red) by +4.85% (last week +4.71%) and remains in bullish mode. The international index has broken above its long-term trend …
Treading Water
As is usually the case, when milestone levels are broken, the markets took a pause yesterday as mixed news did not provide enough of an impetus for the bulls to drive the major indexes higher.As the chart above shows (courtesy of marketwatch.com), the S&P; 500 trended within a five point range and closed slightly lower. Some contributing factors to the …
Party Time On Wall Street
It was party time on Wall Street yesterday as both, the Dow and the S&P; 500, cleared their respective milestone hurdles of 12,000 and 1,300 by a solid margin. Setting off the move past the resistance levels was a report indicating that U.S. manufacturing is showing the most strength since 2004. Helping matters was the fact that Egypt remained fairly …