Much has been and more will be written about last Thursday’s market debacle during which at one point the Dow had plunged almost 1,000 points, its worst intra-day point pullback ever. With the Greece debt crisis having been the main cause of the turmoil, is there more downside risk and if so, how much? For some views, let’s listen in …
Sunday Musings: Investment Humility
One reader emailed me an interesting comment a week ago on a topic that I have touched on from time to time. Here’s what he had to say: Thanks again for all the valuable info. I realize that I need a service such as yours as I continue to make too many mistakes but it is difficult getting past my …
“Preferred” Income
Consistent income generation has always been a hot topic. For some thoughts, let’s listen in to “Preferred stock: Good income, but it’s not guaranteed:” Preferred stock combines some characteristics of common stock and of bonds. Like bonds, preferred shares pay a set amount of cash each quarter or year. And, as with bonds, owners of preferred stock have a higher …
No Load Fund/ETF Tracker updated through 5/6/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpOne of the worst intra-day market swings gave the bears some long hoped for ammunition. The major indexes surrendered all gains for the year. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +1.52% (last week +4.41%) keeping the current buy …
Sell-Off Tsunami – International TTI Sell Signal Generated
A picture is worth a thousand words, even when the picture represents an ugly day on Wall Street. With the Dow being down almost 1,000 points at one time, losses were cut sharply during the last hour of trading. Sure the Greek contagion was at the center of attention, but it appears that the latest news reports were not enough …
Trying To Claw Back
Despite a lower opening, the markets staged a mid-day comeback yesterday, but were unable to hold on to the advances as the chart above shows. Afternoon selling produced new lows for the day with the only positive being that we rallied off those lows towards the close. As I mentioned yesterday, our emerging markets holdings did indeed break through their …