ETF Pullback Choices: Quo Vadis Silver

The two-week flirtation with silver engaged in by my ETF Pullback strategy (see Appendix below for details and performance information) is over, at least for now. The idea of this technical model is to look for recent corrections in the context of major uptrends, and play the prospect of the correction’s end. Here’s this week’s list :

Did you ever just look at a list of stocks or ETFs, roll your eyes, and feel tempted to start shopping on line for a dartboard? That’s pretty much how I felt looking this week at the list produced by my ETF Pullback strategy (see Appendix below for details and performance information). Here’s the current list:

My ETF pullback strategy (see appendix below for details and performance information), updated a day early this week based on vacation travel tomorrow, has heavy silver exposure, supplemented by a dash of exposure to other precious metals and European real estate. Here’s the current list:

My ETF pullback strategy (see appendix below for details and performance information) is looking for the market to take a breather following a nice bounce off what I had described as an oversold condition back on June 9. Here’s the current list:

Every now and then, we find little reminders that top-down investing, focusing on broad areas such as countries or sectors, can require more discernment than meets the eye. At first glance, the list produced by my ETF Pullback strategy (see Appendix below for details and performance information) this week looks as straightforward as can be – all energy. Here’s the list :

When I first looked at this week’s listings for my ETF Pullback strategy (see Appendix below for details and performance information), I figured I was in for a big-time change of pace. After two-weeks of all-energy exposure, the list now has a telecom fund, a palladium fund and three Eastern Europe funds, one of which is focused entirely on Russia, the largest country in that region. Here’s this week’s list :

If you ever needed proof that sound bites, one-liners, rules of thumb, etc., however helpful and comforting they may seem, are actually terrible as a tool for making sense of the day-to-day markets, consider energy. That’s the theme of the funds listed now in my ETF Pullback strategy (see appendix below for details and performance information), as was the case last week. Here’s the current list :

It looks like QE2 (the second round of “quantitative easing” wherein more dollars are put into circulation in an effort to stimulate the U.S. economy) is the dominant theme for this set of weekly selections from my ETF Pullback model (see Appendix below for explanation and performance data). Here’s this week’s ETF list: