My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpBig swings in the marketplace left the major indexes with little to show for. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -3.40% thereby confirming the current bear market trend. The international index now remains -8.84% below its own trend line, keeping us on …
Back To Even
Despite last week’s bounce in the market, we really have gone nowhere. The S&P; 500 started the month at 1,280 and closed at that number yesterday. Despite some sharp drops during the first couple of weeks in July, it’s questionable whether the subsequent rebound rally has legs, as economic circumstances have not changed. Sure, lower crude oil prices helped matters, …
Fixing Fannie And Freddie
Most likely, you’ve been reading the Fannie Mae and Freddie Mac debacle, and the various plans for a bail out, along with banning naked short selling. Bill Fleckenstein had an interesting piece on the subject called “Feds can’t fix Fannie and Freddie.” Here are some highlights: Fannie Mae (FNM, news, msgs) and Freddie Mac (FRE, news, msgs) do not have …
A Mutual Fund For All Seasons?
While there are not many mutual funds suitable to buy and hold forever, some do better than others depending, of course, on the current economic environment. Earlier in the year, we started to diversify into Swiss Francs and gold as the dollar continued its descent to new lows. Since many clients have several accounts with me, and some being of …
Is Latin America Still A Buy?
I have always maintained that country ETFs are a leveraged play on the United States. In other worlds, when the big dog goes down, so will most of the rest of the world. One reader had this to say: Would like to have your thoughts on ILF. Though your trend tracker indicates being out of the market for international ETFs, …
Sunday Musings: The Dazzling World Of Derivatives
I am sure that you have read various references online and in other news media where derivatives have been referred to as financial WMDs (Weapons of Mass Destruction). I think the term was originally coined by none other than Warren Buffett. To find out more about it, and to get some inside scoop as to the goings on in that …