Several readers have commented recently that they too prefer the use of a soft sell stop vs. a hard one. What’s the difference? Hard sell stops attempt to get you out of a position at an exact predetermined figure. For example, if you bought an ETF at $10, your trailing sell stop of 7% would be at $9.30. If the …
No Load Fund/ETF Tracker updated through 8/19/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpWorse than expected economic news handed the bears a win for the second week in a row. Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.48% (last week +2.30%) and remains in bullish mode. The international index has now broken barely below its long-term …
Traveling
I’ll be traveling today and will not have a chance to write the daily commentary. Regular posting will resume with Friday’s week ending analysis.
Rebounding Off The Lows
The markets headed higher yesterday accelerating right out of the starting blocks without hesitation. The 1,100 level on the S&P; 500 proved to be overhead resistance again, and we sold off that number in the afternoon as the rally faded on low volume, but it kept the major indexes on the plus side by over 1%. While this rebound, after …
Hugging The Flat Line
Yesterday’s early morning sell off was met with some bottom fishing, the markets rallied, fell back and ended up just about unchanged. Bonds continued their upward move, gold (incorrectly quoted above) gained almost 1% while oil dropped again. We’re still in no man’s land as far as domestic equities are concerned, which makes it a moot point to take any …
Deflation ETFs
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 …
