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 …
Sunday Musings: A 2-Year Anniversary
While June 23, 2010 passed quietly last week, it nevertheless marked the 2-year anniversary of our last domestic sell signal on 6/23/2008, which provided a safety net for those who followed its call and moved their portfolios out of the market onto the sidelines. Here’s a look at the blown-up domestic Trend Tracking Index (TTI) chart covering the past two …
Against The Wind
When the markets zig, you hope to have a component in your portfolio that zags to offset or minimize any drawdown. While that is not always easy to do, during May’s market meltdown, I noticed one ETF (IIH) that definitely bucked the trend. Take a look at the 6-months chart, comparing IIH with the SP 500 (SPY): Not only has …
No Load Fund/ETF Tracker updated through 6/24/2010
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php The bulls gave back last week’s hard fought gains and then some as the bears ruled. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains above its trend line (red) by +1.19% (last week +2.46%) keeping the current buy signal intact. The effective date was June 3, 2009. The …
Fed Keeps Rates Low
As expected, the Fed announced yesterday that interest rates would remain at their historic low levels. Normally, this should have cheered investors, but this time it was interpreted (correctly) that it was simply a sign of the economy struggling. Fears have been increasing lately that we might slip back into a recession, which would postpone any rate increases for at …