My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpIt was a roller coaster ride with Friday’s strong up day more than making up for the mid-week losses. Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +5.27% (last week +3.74%) and remains in bullish mode. The international index broke back above its long-term …
Taking A Breather
If you consider gold an asset to be held during times of economic uncertainty, you would be correct as the metal continued its ascent toward the $1,300 level during yesterday’s session. Stocks drifted and gold’s rise was a reaction to the Fed’s announcement Tuesday that they were ready to do whatever it took to support the economy. As I posted …
Fed Speak
The markets slipped slightly during the early trading hours yesterday with all eyes feasted on the outcome of the Fed meeting on interest rates. Leaving rates unchanged was pretty much a given, but the accompanying statement was the big unknown. After the release, the markets shot up, as the chart (courtesy of marketwatch.com) above shows, then dropped just as sharply, …
Breakout
After repeatedly banging their heads against the S&P; 500’s 1,130 resistance level, the bulls finally broke through this proverbial glass ceiling yesterday with a bang. It wasn’t even nip and tuck; it was a clear break out of the trading range, with the major indexes surging to their highest level since May. It was surprising to see the market move …
A Word About Dividend ETFs
Dividend ETFs are an important component in income investors’ portfolios. With the need to generate reliable cash flow in today’s zero-interest-rate-environment comes some complacency in that it is assumed that dividend producing ETFs provide a better buffer against sharp market downturns. I had this conversation with several readers recently, and it is simply an incorrect assumption. Take a look at …
Sunday Musings: Long Term Investment Opportunities
In various past posts, I have mentioned that it is my belief that, economically speaking, we’re heading down a similar path as Japan did over the past 20 years. Nothing was learned from their burst real estate bubble, and the same policy mistakes (bailing out failed banks, senseless stimulus packages, etc) have been made and are continuously being implemented. I …