Reader John had this question regarding the interaction of world markets: The markets in China, Japan and Europe all trade and close before ours. I’ve often wondered if the trading on our markets is affected by the results in these other markets, like an “early warning system”. I would like your opinion on this, realizing that’s there is no absolute …
Limited Risks And Limited Returns
A new type of fund called “target band” fund is supposed to smooth the ride on Wall Street as MarketWatch submits in “Putting a speed limit on risk and return:” We have target-date funds. We have target-risk funds. We have absolute return funds. And now — just in time for this year’s market volatility — introducing “target band” funds. Target …
Sunday Musings: Revisiting The 1,000 Point Plunge
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 …