I don’t quote Barron’s very often, but they featured a nice piece on risk titled “That’s Better Now.” Let’s look at some highlights: Investment success last year meant embracing risk. Certainly, it wasn’t hard to find. Following 2009’s sharp rally, investors had to confront their fears about weak U.S. housing and employment, Europe’s ugly sovereign balance sheets, May’s violent flash …
No Load Fund/ETF Tracker updated through 2/9/2011
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php Continued upside momentum pushed the major indexes to another winning week. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved above its trend line (red) by +5.47% (last week +4.85%) and remains in bullish mode. The international index has broken above its long-term trend line by +9.08% (last …
Short Post
No post today, since I finally had my long overdue cataract surgery done. It turned out to be successful, but my vision is still a little blurry, which makes reading and writing a bit of a challenge. I should be back to normal within a day and plan on sending out Friday’s weekly newsletter as usual.
Overcoming Resistance
Rising shares of some of the heavyweights like McDonald’s, IBM and Apple definitely contributed to yesterday’s rally, as the S&P; 500 overcame major resistance in the 1,313 area, a level which was last reached in August 2008. The advance occurred despite some headwind in form of China’s second interest hike in a month designed to control inflationary pressures. Gold and …
Day Of The Deals
Yesterday turned out to be another solid day in the market as a slew of takeover deals, along with continued confidence in the economy, provided the firepower to push the major indexes higher. Even political turmoil in Egypt appeared to ease, which temporarily alleviated fears of more uncertainty. While the markets did not end up closing at their highs, which …
Revisiting The Biggest ETF Loser
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 …