Sharp market drops followed by stunning recoveries provided a casino like atmosphere on Wall Street during the past week. We initiated a hedge for our Trend Tracking Portfolio (#1). Unfortunately, the bulls showed some life again during the past 5 trading days, after the bears were dominant, which proved to be drag on our hedged position. Consequently, this particular portfolio …
Weak Economic News Drag Down Equity ETFs
Weak economic news proved to be a drag on equity ETFs as Europe’s main engine, Germany, just about stalled in regards to second quarter GDP. Domestically, housing starts in July were nothing to brag about. German and French leaders proposed to better coordinate financial planning and to enact a tax on financial transactions. Lovely; I wonder if there ever will …
Major Market ETFs Surge On Buyout
The markets stayed in rally mode for the third day in a row, supported by rises in Asia and Europe, along with the announcement by Google to buy Motorola Mobility. The major Market ETFs have now recovered all of their losses since the U.S. debt downgrade on August 5. Despite this bit of euphoria, the problems that prompted the downturn …
ETF Master Cutline List – Updated Through 8/12/2011
After another wild week in the markets, with a downward bias, the number of ETFs residing above the cutline has been reduced again, which is no surprise. At this point, there are only 36 ETFs positioned in Bull Market territory, above the Cutline, while 360 ETFs are stuck on the Bear Market side. Leading the pack are the precious metals, …
Last Week In Review: ETF News And Blog Posts To 8/14/2011
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 8/14/2011. More breathtaking downside moves followed by just as breathtaking recoveries had investors on edge—not just domestically but globally as well. Because of the rebounds, this week’s losses were somewhat modest, considering what could have …
Reader Q&As: I Missed The Domestic Sell Signal – What Do I Do With My ETFs? When Do I Rebalance the PRPFX Hedge?
With the wild market behavior of the past few weeks, it’s no surprise that many readers having written in with a variety of questions. Today, I want to address two of them, which were most often asked: I am newly implementing your stop loss strategy. I regrettably have missed the 7% mark and have let my losses become larger due …