Ulli... The ETF Bully

How Low Can The Bullish Dollar ETF (UUP) Go?

Ulli Saturday, 30 April 2011, 5:55 AM Bullish Dollar ETF Contact

How much further can the dollar plummet? That was the question the WSJ (subscription required) tried to answer in “Dollar’s Race to the Bottom:”

Even as the tired mantra of a U.S strong dollar policy was repeated by Treasury Secretary Timothy Geithner this week and Ben Bernanke on Wednesday, the greenback continued plumbing new depths. The ICE dollar index is at its lowest since 2008. This year the dollar has hit record lows against the yen, the Australian dollar, the Swiss franc and the Singapore dollar, J.P. Morgan notes. All the forces look negative. But investors should weigh the risks carefully.

Most obviously, the dollar is suffering from ultraloose U.S. monetary policy. The Federal Reserve continues to hold rates at zero and buy bonds. While the money printing is finally scheduled to end in June, the Fed still plans an extended period of low rates. Meanwhile, central banks elsewhere are firmly in rate-raising mode, including the European Central Bank, which seems determined to burnish its inflation-busting credentials. A big yield differential between the U.S. and Europe could open up.

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ETF/No Load Fund Tracker For Friday, April 29, 2011

Ulli Friday, 29 April 2011, 4:28 PM ETF Tracker Contact

ETF/No Load Fund Tracker StatSheet

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THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS:

https://theetfbully.com/2011/04/weekly-statsheet-for-the-etfno-load-fund-tracker-updated-through-4282011/

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Market Commentary

Friday, April 29, 2011

STIMULUS STAMPEDE

While investors started the week out being a little edgy about the 2-day Fed meeting on Tuesday and Wednesday, the Fed stayed the course in regards to interest rates. The economy is still too weak to start raising rates from these record low levels, according to chairman Bernanke. While the Fed admitted that inflation is rising, the longer-term trends are considered stable.

The central bank also agreed to continue with its Quantitative Easing 2 (QE-2) until the end of June, as scheduled, while a third round of easing is not on the drawing board. All that was music to

Weekly StatSheet For The ETF/No Load Fund Tracker – Updated Through 4/28/2011

Ulli Thursday, 28 April 2011, 5:24 PM ETF StatSheet Contact

ETF/Mutual Fund Data updated through Thursday, April 28, 2011

If you are not familiar with some of the terminology used, please see the Glossary of Terms.

1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY— since 6/3/2009

As announced via a blog post, on 6/2/2009, the TTI triggered a buy signal with an effective date of 6/3/2009. We will use the 7% trailing stop loss of our positions as an exit point or the crossing of the trend line to the downside, whichever occurs first.

As of today, our Trend Tracking Index (TTI—green line in above chart) has broken above its long term trend line (red) by +5.99%.

High Volume ETFs On The Cutline – Updated Through 4/27/2011

Ulli Thursday, 28 April 2011, 5:23 AM ETFs on the Cutline Contact

Here’s the latest update of the High Volume only ETFs, which are hovering slightly below and above their cutline (trend line). High Volume (HV) ETFs are defined as those with an average daily volume of $10 million or higher.

These ETFs are generated from my selected list of 90 that I use in my advisor practice. It cuts out the “noise,” which simply means it eliminates those ETFs that I would never buy because of their volume limitations.

Short ETFs are not yet included but will be at some point. Take a look at the table:

ETF Portfolio Tables Fixed

Ulli Wednesday, 27 April 2011, 4:27 PM Model ETF Portfolios Contact

When I changed blogging platforms a few weeks ago, I did not realize that the feature of clicking on tables and charts to enlarge them for better viewing and printing had not been set up.

This has been fixed as of today and will be available from here on forward. Unfortunately, the program does not go back and change previous posts; it will need to be done one at a time, and I hope to get the most crucial ones adjusted as time goes on.

Can You Really Afford A Commission-Free ETF?

Ulli Wednesday, 27 April 2011, 11:53 AM Low Cost ETFs Contact

Sure, we all like things for free, especially when it comes to investing. But is FREE always the best way to go when it comes to the purchase of ETFs? The WSJ (subscription required) had some thoughts on the matter in “The Limits of Free:”