In just the last month, assets in exchange traded funds increased $17 billion. Total assets in ETF’s now total over $600 billion, according to State Street Global Advisors of Boston. Yeah…so? I’ll tell you why this matters. In 1994, the first ETF’s were launched. The S&P500 clone, called “spiders” or SPDR was launched, followed by… [Read More] Exchange Traded Funds becoming more mainstream
China and Latin America currently holds the top scores for mutual funds. This is clearly where the money is being made at the moment. And the average Chinese mutual fund is way overbought. In other words, the average mutual fund in this group is currently trading above the top of the ten-week trading band, but… [Read More] Top Mutual Funds in China and Latin America
Lots of people are buzzing because the Dow is at 13,000. Let me tell you, the return over the past six years from the Dow Jones is less than what you could have earned in a money market account. Don’t get too excited. As I showed you last week, small cap stocks have crushed the… [Read More] ETFs vs Large Cap Foreign Stocks
All of the short term AND long-term indicators I follow have now turned negative. All of ’em. Including the S&P 500. What’s that mean? Well, the S&P 500 Index is simply the 500 largest stocks in the US. And, basically, 70% of all money in mutual funds sits in the same 500 stocks. That’s a… [Read More] All Indicators Turn Negative in Down Markets
We’ve seen lots of articles and news pieces about the explosion of Exchange-Traded Funds, or ETF’s. Most of the opinions have been negative. In fact, one writer compared this with the flood of closed-end funds created in the late 1920’s (before the stock market crashed). My opinion: ETF’s are a great tool, and worth looking… [Read More] Exchange Traded Funds (ETF) Explosion Part II
Do you know what a “trend change” is? When a stock (or a mutual fund) has been above its’ support line, it’s in a positive (or upward) trend. When that stock breaks the support line and starts moving down, you really don’t want to own that anymore. Because the general trend has changed – from… [Read More] Is It “Lights Out” For Energy Stocks?