My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
The Fed’s ¼% lowering of the interest rate, along with worldwide coordinated efforts to provide liquidity to “needy” banks, had the bulls on the run and the bears took over.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved to +3.79% above its long-term trend line (red) as the chart below shows:
The international index dropped to -2.12% below its own trend line, keeping us in a sell mode for that arena.
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.
Comments 2
Ulli, since you stay up to date with new ETF offerings I’m curious, do you see the introduction of new ETFs keeping the same pace as previous months or has the flow of new ETFs slowed any?
G.H.
G.H.,
I don’t follow all of the new ETF offerings. I want to see price data for some 9 months before adding them to the data base.
My guess would be that some slowdown of new offerings is likely to occur.
Ulli…