Saturday, July 11, 2009
Signals in ETFs Reveal the Broad Market Direction
Keeping in sync with the the overall market trend is the pillar to successful stock-trading, because over 90% of individual stocks are ultimately going to follow the market direction. This is regardless of the company, it's earnings, or even what technical analysis of an individual stock chart may be saying. It's a statistic that can't be denied.
How do we see what's going on in the stock market? One excellent source of insight is the so-called "ETFs", which are Exchange-Traded mutual Fund designed to mimic the performance (or with some ETFs it's the inverse performance) of a designated market index, such as the Russell 3000, or of a sector such as "semiconductors".
Here's a special article with illustrated examples.
How do we see what's going on in the stock market? One excellent source of insight is the so-called "ETFs", which are Exchange-Traded mutual Fund designed to mimic the performance (or with some ETFs it's the inverse performance) of a designated market index, such as the Russell 3000, or of a sector such as "semiconductors".
Here's a special article with illustrated examples.
// posted by gigascanner @ 1:29 PM 
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