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 11/27/2011.
Another drubbing during the holiday shortened week pushed the S&P 500 down by -4.7% with the Domestic Trend Tracking Index (TTI) sliding into bear market territory by a scant -0.42%.
As I posted on Friday, I will watch market activity for a day or two to determine if this move below the line holds, before issuing the final domestic ‘Sell.’
Europe’s debt crisis is worsening and options to solve it seem to disappear by the day. Despite many news stories pointing out that the U.S. is somewhat insulated, I simply don’t agree and believe that domestic markets are living on borrowed time and will be severely affected by any Black Swan event coming out of Europe.
This week, we covered the following: