The gold ETF (GLD) was up a little over 2% last week while all the other 25 largest Equity ETFs were down about 2%. This seemingly constant market decline continues. But It is not as bad as the financial press would lead one to believe.
As we’ve previously mentioned, too many times, the declines are still relatively minor buy viagra 100mg. Almost all of our monitored ETFs are only about 5% off their recent highs. As any investor knows these declines are to be expected. This despite the extremely low volatility we’ve experienced recently.
Even though this decline might seem to be the start of something significant it is far to early to make that statement. Our 15% rule has stood in good stead and we expect that to continue. It is with great certainty that a 5% decline will lead to a 15% decline, but not all, or even most, 5% declines do so. Stay invested.
The only change we have this week is that VNQ’s long term trend has shifted to negative. That’s the only one of our monitored ETFs without a positives long term trend.
