The NYT reports that “Computer Trades Are Focus in Wall Street Plunge:” Investigators seeking an explanation for the brief stock market panic last week said Sunday that they were focusing increasingly on how a controlled slowdown in trading on the New York Stock Exchange, meant to bring about stability, instead set off uncontrolled selling on electronic exchanges, Graham Bowley and …
Sell Stops: Reader Q + As
The recent sharp pullback in the markets caused a few readers to email me with more sell stop questions. Most were discussed in my e-book, but some need clarification. Reader Andy had this to say: I followed your stop loss strategy and my Trailing Stop Losses were triggered last week while I was out of town (Maui!). This leads me …
No Load Fund/ETF Tracker updated through 5/13/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpMore volatility wiped out a big part of last Monday’s 400 point rally in the Dow. However, the major indexes closed higher on the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +2.57% (last week +1.52%) keeping the current …
Looking At The Big Picture
With last week’s market drop and Monday’s rebound still on everyone’s mind, let’s take a look at the big picture via the domestic Trend Tracking Index (TTI), which I have enlarged for better demonstration. The two big red arrows indicate a gap opening as upside momentum picked up steam after the February pullback.As I have mentioned in previous posts on …
Master Limited Partnerships (MLPs)
Several readers have emailed wanting to know about investing in MLPs via ETFs/ETNs. While I have not used them in my course of business, ETF Trends had this to say in “MLP ETNs: Another Source of Income?” Income-focused investors have been looking for new sources of dividends and interest, since yields are low, low, low. There is an alternative exchange …
Shock And Awe In 3-D
The European leaders finally showed some unity and decisiveness over the weekend, put on their best Poker face, and “went all in.” The rescue package of almost $1 trillion is designed to bring stability to some of the troubled economies in the union. The markets took that as a positive and rallied sharply on Monday as the futures already indicated …