I’ll be out this entire weekend and will not have a chance to write any articles. Regular posting will resume on Monday morning.
No Load Fund/ETF Tracker updated through 1/20/2011
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA minor pullback pulled the Nasdaq and the S&P; 500 lower by moderate percentages. However, the markets have not been able to overcome overhead resistance. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved above its trend line (red) by +4.58 % (last week +5.60%) and remains in bullish mode. …
Losing Steam
So far, the 1,300 level of the S&P; 500 has been a formidable opponent for the bullish crowd, as the markets sold off yesterday after coming within striking distance of breaking through that milestone. Despite the positive earnings from IBM and Apple on Tuesday, it was a reversal on Wednesday as the financials and technology shares were a drag on …
Nibbling At The 1,300 Level
Resiliency was the word of the day, as disappointing earnings from Citigroup and concerns about Apple were offset by upbeat manufacturing data. As we have seen so often lately, even a sliver of a silver lining gets the bulls going, and yesterday was no exception. The Dow lead the way higher and dragged the S&P; 500 and Nasdaq slightly above …
Muni Issues
I have been opposed to municipal fund investing for a couple of years now ever since the market crash of 2008. Initially, my reasons were only fundamental in nature but in November 2010, the technical aspects turned bearish as well. Let’s first look at The WSJ’s updated report in “New Hit To Strapped States:” With the market for municipal bonds …
Sunday Musings: Predictions For The ETF Industry
Seeking Alpha featured some interesting thoughts and upcoming changes for the ETF industry. Let’s listen in to “11 Predictions for the ETF Industry in 2011:”Last year was a very interesting one for the ETF industry, a stretch filled with both ups and downs. The industry suffered from numerous attacks that concerned investors about the possibility of an ETF collapsing and …