My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Better than expected data, caused by very low expectations, was the driving force behind this week’s rally. The S&P; 500 broke the 1,100 level for the first time since August 10.
Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +3.19% (last week +2.01%) and remains in bullish mode.
Back above the line! The international index broke back above its long-term trend line by +1.81% (last week -0.73%). A new Buy signal was triggered effective 9/7/10. If you decide to participate, be sure to use my recommended sell stop discipline.
[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.