My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php The bears ruled, and the major indexes lost 5-7% for the week . Our Trend Tracking Index (TTI) for domestic funds/ETFs barely slipped below its trend line (red) by -0.40% (last week +1.19%). For more on how to handle this, please see the above link. The international index has …
Peeking Into Bear Market Territory
Today’s slightly lower close finally pushed our domestic Trend Tracking Index (TTI) below its long term trend line, although only by a fraction of a percentage. We slipped below the dividing line between bullish and bearish territory by a minuscule -0.06%. That is not enough to declare a defeat of the bulls by the bears. As I posted this morning, …
Still Hovering “Above” The Trend Line—By The Slightest Of Margins
When I watched the major indexes sink into the close yesterday, I was certain that the Domestic Trend Tracking Index (TTI) had finally crossed into bear market territory. When the final numbers were computed, we had come close but the TTI did not actually cross below the line. Here are the latest figures: Domestic TTI value: 44.3639-week trend line: 44.34% …
Descending Towards Bear Market Territory
Right out of the gate, the markets hit the skids yesterday, as the above chart clearly shows. One supporting actors in this drama causing this sharp selloff was a disappointing report on the Chinese economy as their leading indicators were downwardly revised. Adding fuel to the fire was a drop in the consumer sentiment index to the lowest level since …
Slipping Into The End Of The Quarter
Aimless meandering describes best how the markets drifted through the day yesterday and ended up with slight losses. As this month comes to an end, we may see more of the same with the major indexes completing what looks to be their worst quarter since the beginning of 2009. Volume was light and may continue along the same path until …
Your Portfolio: Using Only One Single ETF?
I found an interesting article discussing “Can You really Accomplish Everything You Need With One Single ETF?” The story focuses on a new ETF (ONEF), the purpose of which is explained as follows: Our firm wants to give small investors (under $100K in investable assets) access to the same professional portfolio management that high net-worth investors receive from their dedicated …