Good afternoon, Susan Jackson filling in for Adam for today's afternoon update while he is out of town attending his daughter's wedding. We, here at MarketClub, want to send our congratulations to the happy couple.
If you're looking for the perfect way to bolster your retirement account, MarketClub's conservative "Perfect Portfolio" is for you. To make it as easy as possible, we give you all of the signals, stops, and information you need to track this portfolio and make gains nearly effortlessly available to ALL MarketClub members.
I hope you enjoy this short video that details exactly how you can implement this portfolio and take all of the risk, worry, and anxiety out of building your retirement. Also, you'll find out exactly how you can take advantage of 2 FREE weeks of MarketClub, on me.
All the best,
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You only have to watch my earlier videos to see that it has performed very well this week in gold as well as the crude. In today’s short video I want to share an ETF that is setting up nicely and should be giving us a buy signal using the same strategy that we used in the earlier gold and crude oil videos.
This ETF which closely follows the Swiss Franc (symbol FXF) is one you may want to take a look at. As you may be aware, the Swiss Franc is independent of the euro zone and is a separate currency that is backed by the Swiss government.
A recent article in the publication Barron's pointed out one of the big success stories in 2010 has been the growth of the ETF market. This market is expected to close out the year around $1 trillion up from $794 billion at year-end 2009.
For quite some time now we at MarketClub have been big fans of ETFs for investors. There are several reasons for this, but one of the great reasons is the easy way it allows investors to diversify their holdings not only across different markets, but also across different countries. We utilize this particular strategy in 2 popular ETF portfolios that we have constructed for MarketClub members.
We have been trading the ETF FXE for some time now in MarketClub's Perfect "R" Portfolio and today we exited our long position at $136.64, which produced a profit of $8.14 a share.
This market has performed very well for us and we have only had two major trend changes for the year so far. The FXE is an ETF that mimics the Euro versus the US Dollar, so there's always plenty movement which equals opportunity in the market. That is one of the principal reasons why we chose to include this ETF in the Perfect "R" Portfolio.Continue reading "Another nice profit in this ETF"→