Saving Dow 11k With A Big Rebound

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The major indexes dropped like a rock in the early going yesterday, fueled by continued worries that Ireland’s debt problems might spread to other European countries. The dollar rallied while interest rates headed lower. The stock market slumped to its lowest level since October within the first hour of trading with the Dow breaking below its psychologically important 11,000 level. …

Another Look At UUP

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Earlier this year, we took some positions in UUP (bullish dollar), as its price crossed its trend line to the upside (see arrow in chart). After the high was made in June, we subsequently got stopped out (at a small profit) as the dollar got clobbered and headed south again. This reversal clearly supported the stock market as the dollar …

Sunday Musings: Saying It Like It Is

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Once in a while you find a politician who actually says it like it is. While this is a rarity here in the U.S., with maybe the exception of New Jersey governor Chris Christie, you have to look to the other side of the Atlantic to find refreshing and brutal honesty. While we’re stuck in this ridiculous trap called “political …

2011: A Recovery In Housing?

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One of my favorite reads of the day is Dr. Housing Bubble. While he mainly focuses on real estate in general, he occasionally also comments on the economy. Since the real estate crash has had such a negative impact on the lives of many investors, is there really a recovery in the cards next year? For one viewpoint, here are …

No Load Fund/ETF Tracker updated through 11/25/2010

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My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA roller coaster ride caused by the European debt crisis and saber rattling in Korea pulled the major indexes lower by about 1%. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved above its trend line (red) by +5.36% (last week +5.80%) and remains in bullish mode. The international index …

Giving Early Thanks

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In an about face, the markets rallied right out of the starting gate yesterday and never looked back. In the end, all of Tuesday’s losses were made up, and the S&P; 500 closed at the exact number of last Monday. Powering the rebound was a bullish report on jobless claims along with positive individual stock stories. Two other catalysts helped …