With the bursting of the credit bubble, and the so far unsuccessful attempts by the Fed to reignite inflation, a deflationary scenario a la Japan seems to be a real possibility. In any economic environment, there will always be investment areas that will benefit by displaying upward momentum. ETFtrends had some thoughts on the topic in “ETFs to Tame the …
Sunday Musings: Bond Bubble Thoughts
Over the past year, much has been written in the mainstream media about the potential for a bond bubble bust. Those who have bet on that scenario by shorting treasuries have suffered big losses as the bond rally, supported by lower interest rates, has actually gathered steam. The wild card was the fact that, as I posted yesterday, we only …
State Of The Economy
This past week, some reality set in on a global level that especially the U.S. economy is not all it was cracked up to be. Of course, to readers of this blog, this should come as no surprise as I have repeatedly pointed out that the alleged economic recovery has been simply a mirage supported by reckless government stimulus programs. …
No Load Fund/ETF Tracker updated through 8/12/2010
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php Weak economic news handed the bears a victory with the major indexes dropping sharply. Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.30% (last week +3.48%) and remains in bullish mode. The international index has now broken barely below its long-term trend …
Nowhere To Hide
Reality about a slowing economy not only hit Wall Street yesterday but also dragged global markets down as no region proved to be a safe haven from the selloff. Bonds were the beneficiary again as interest rates headed lower. I was not about to wait around to see if that debacle would turn into a 500 point down day, so …
Swinging Wildly
Even though yesterday’s closing prices did not reflect the intra-day activity, it was a wild day nevertheless. The chart above (courtesy of freestockcharts.com) represents Tuesday’s 5-minute interval moves of SPY. It was waiting time until the Fed announcement, which occurred as indicated via the red arrow. Prior to that, the markets were down, then shot straight up and whip-sawed the …
