My latest No Load Fund/ETF Tracker has been posted at:
Across the board positive earnings pushed the major indexes to the top of their trading ranges despite warnings by the Fed that a recovery might take longer than expected.
Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.62% (last week +1.28%) and remains in bullish mode.
The international index has now broken ABOVE its long-term trend line by +1.16% (last week -0.93%). A new Buy Signal was triggered today with the effective date being 7/26/10. Be sure to use my recommended 7% trailing sell stop discipline should you decide to participate in this new uptrend.
[Click on charts to enlarge]
For more details, and the latest market commentary, as well as the updated No Load Fund/ETF Tracker StatSheet, please see the above link.