Monday’s feel-good-rally after Friday’s drubbing died at the opening yesterday as prices gapped down and never recovered. Despite a rise in pending homes sales and positive Merck and Pfizer earnings, all eyes were feasted on the Greek bailout and the increased concern that the Greek government would fail in getting its debt problem under control and force another bailout package. …
Not For The Long Term
The use of leverage has always intrigued investors to increase returns despite the increased downside risk. The ETF arena features a stable of 2X and 3X leveraged funds covering various areas. The fact that some of these sport high daily trading volumes supports their popularity. For example TNA (3X bullish S&P; 500) has an average daily trading volume of $500 …
Battle In the High Yield Arena: ETFs vs. Mutual Funds
While ETFs continue to be the hottest investment tool, much to the chagrin of mutual funds, when it comes to the high yield arena, they are still a worthy competitor as ETF Trends submits in “High-Yield ETFs vs. High-Yield Mutual Funds:” Exchange traded funds (ETFs) may have siphoned billions of investment money out of mutual funds in the past year, …
Sunday Musings: The Greek Crisis And Stock Market Trends
The Greek debt crisis has been a factor in affecting the direction of world stock markets, at least for the time being. While no one can predict what the true long-term consequences will be, there have been similar fallouts in history that might give a clue. Mark Hulbert had some thoughts on this topic in “Tragedy or Comedy?” The difference …
Most Innovative ETF
If you’re interested in following risk-adjusted returns of the collective hedge fund universe via one ETF, take a look at “IndexIQ’s IQ Hedge Multi-Strategy Tracker ETF (QAI):” IndexIQ’s IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI) has been named the Most Innovative ETF by Capital Link, it was announced today. The IQ Hedge Multi-Strategy Index, the index underlying QAI, also …
No Load Fund/ETF Tracker updated through 4/29/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpSeveral triple digit days favored the bearish crowd this week, and the major indexes retreated. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +4.41% keeping the current buy signal intact. The effective date was June 3, 2009. The international index …