I am all in favor of lower fees when it comes to investment products. Charles Schwab & Co. (my custodian) has again upped the ante in “ETF deals get even better as Schwab cuts prices in price war:”Maybe the day will come when they will pay you to buy ETFs. That will be a great day, but don’t count on …
Sunday Musings: A Personal View
Reader Mel emailed the following comment: For some reason I was blocked from commenting on today’s blog. Here’s what I wanted to say, and you can feel free to post it: As always, I’m grateful for your posts, including the ones that re- post something interesting from elsewhere, but in this case I was especially interested in your comments. I …
Out For The Day
I am out for most of the day and will not have a chance to post. However, I will resume tomorrow with Sunday Musings.
No Load Fund/ETF Tracker updated through 6/17/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpTuesday’s strong up move held, and the major indexes not only gained for the week, but also stayed above their 200-day moving averages. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains above its trend line (red) by +2.46% (last week +1.38%) keeping the current buy signal intact. The effective date …
Holding Steady
The best thing that can be said about yesterday’s market activity is that the solid gains from Tuesday held as you can see from the above chart (courtesy of MarketWatch.com). There were no additional catalysts to speak of so volume was fairly light, but the important event was that the S&P; 500 closed the day above its 200-day moving average …
Up, Up And Away
After Monday’s failed attempt, the major indexes managed to pierce through strong overhead resistance levels on Tuesday supported by positive economic news on a day where nobody seemed to care about Europe’s problems. As the chart above (courtesy of MarketWatch.com) shows, there was no hesitation nor any reversal attempts, and the bulls remained in charge all the way into the …