Update for Friday, January 8, 2010

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INTERESTED IN MORE “HOW TO” INVESTMENT INFO PLUS MY NOT ALWAYS POLITICALLY CORRECT RUMINATIONS ABOUT THE MARKET?

I have set up a blog to share my market analysis & insights -- and to sometimes blow off steam when something stupid (or brilliant) catches my eye. You can post comments and voice your opinion uncensored. Take a look:

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This week's hot topics are:

1. "Resetting The M-Index"

2. "Tug Of War"

3. "A Happy New Year"

4. "Absolute Returns"

5. "Sunday Musings: Who Do You Listen To?"

6. "Reader Q&A: Entering The Market"

This is another free service, so spread the word to your friends.

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THE LINK TO OUR CURRENT MUTUAL FUND/ETF STATSHEET is:

http://www.successful-investment.com/StatSheet/SS010710.htm

This StatSheet is updated through Thursday, January 7, 2010.
The next scheduled update will be Thursday, January 14, 2010.

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Friday, January 8, 2010

STARTING THE NEW YEAR ON A POSITIVE

As far as the markets are concerned, 2009 ended with a whimper while 2010 started with a bang. The upward momentum generated on the first trading day of the year carried on throughout the week despite questionable economic news. All major indexes gained with the Dow adding 1.8% while the S&P 500 and Nasdaq rallied 2.7% and 2.1% respectively.

Our Trend Tracking Indexes (TTIs) improved and have now moved above their long-term trend lines as follows:

Domestic TTI: +6.45%
International TTI: +10.64%
Hedge TTI: +0.96%

The mother of all economic reports (unemployment), issued this morning, was disappointing to say the least. Expectations for minimal job gains were great, but just the opposite happened. 85,000 jobs were lost, while the unemployment rate held steady at 10%.

Yet the market did not roll over and last hour buying, as has been the case so often lately, pulled the indexes above the unchanged line. If you look long and hard and put a positive twist on things, you may not think the jobs report was as disastrous as it could have been. The most likely result will be that pressure on the Fed to raise interest rates may have eased for the time being.

Next week, we will be facing a host of reports, with the major ones being the Fed's beige book, initial claims, retail sales, CPI and industrial production. It'll be interesting to see if current upward momentum can be sustained or if we get stuck in a sideways pattern until a new catalyst emerges.

Have a good week.

Ulli...

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Back issues of the Fund Tracker are available on the web at:

http://www.successful-investment.com/newsletter-archive.php

Do you have a question regarding your mutual fund investments?

I will always give you my unbiased and honest opinion. How can you be sure?

First, this is a free newsletter and it will not affect my renewal rates.

Second, I am not running for office and do not have to hide my thoughts in evasive language designed to obscure what I really mean.

So, feel free to send your questions to: ulli@successful-investment.com

All Reader Q & A's for this Buy Cycle are now listed at our web site! Check it out at:

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Do you have the time to follow our investment plans yourself? If you are a busy professional who would like to have his portfolio managed using our methodology, please contact me directly or get more details at:

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We are located at:

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Until next week.

Ulli...

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Ulli G. Niemann
Registered Investment Advisor
714.841.5804 Toll free: 866.580.6764
http://www.successful-investment.com
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