did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

We're the #1 textbook rental company. Let us show you why.

9780137029013

The ETF Trend Following Playbook Profiting from Trends in Bull or Bear Markets with Exchange Traded Funds

by
  • ISBN13:

    9780137029013

  • ISBN10:

    0137029012

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2009-08-13
  • Publisher: FT Press
  • View Upgraded Edition
  • Purchase Benefits
List Price: $24.99
  • Digital
    $28.11
    Add to Cart

    DURATION
    PRICE

Supplemental Materials

What is included with this book?

Summary

Millions of investors have been left to pick up the pieces and figure out where it all went wrong over the last couple of years. They're furious with the "professionals," and determined to regain control of their own investments. This book gives them the easy-to-use tools they need to do just that: simple tools based on techniques that have earned a 26.1% positive return over the past decade, while the S+P 500 was plummeting by 37.4%. For the first time, Thomas F. Lydon, Jr. brings together two of this generation's most well-proven investment approaches: low-cost, flexible ETFs and powerful trend following strategies, along with basic technical analysis tools. You'll learn how to quickly identify markets that are about to plummet, get out of the way, and how to identify markets that are headed up, and capture all the profit they're getting ready to deliver. Lydon shows how to systematically remove the emotion from investing, and replace it with simple mathematical tools that work consistently well: tools like the 200-day and 50-day moving average, which are easy enough for any investor to utilize. By the time they finish this book, investors will know how to make a plan that works, stick to that plan, and reap the rewards, even as others are mourning their lost assets.

Author Biography

Tom Lydon is the leading expert on ETF investing for individuals. He is also editor of ETFtrends.com, the #1 site for ETF news and commentary. Lydon is President of Global Trends Investments, an investment advisory firm that creates custom portfolios for high-net-worth individuals. He has been involved in money management for more than 25 years: first at Fidelity Investments, later as a founding member of Charles Schwab’s Institutional Advisory Board, and more recently as a board member for several fund companies. A regular contributor to the financial media, he is author of iMoney: Profitable Exchange-Traded Fund Strategies for Every Investor.

Table of Contents

Acknowledgments . . . xii

About the Author . . . xiv

Introduction: Buy—and—Hold: Rest in Peace . . . xv

Chapter 1 Trends Are an Investor’s Best Friend . . . 1

Buy-and-Hold’s Funeral March . . . 4

Getting in Touch with Your Emotions . . . 7

Never-Ending Opportunities . . . 9

Chapter 2 Risk and Disaster Don’t Have to Go Hand-in-Hand . . . 11

Greed and Fear and Stocks, Oh My! . . . 12

Running Scared . . . 13

What Kind of Risk Level Can You Tolerate? . . .14

Types of Risk . . . 16

Staying Grounded . . . 17

Is Time on Your Side? . . . 17

The Go-Getter (Aggressive) . . . 17

The In-Betweener (Somewhat Less Aggressive) . . . 18

The Almost There (Moderately Conservative) . . . 18

The I’m Outta Here (Conservative) . . . 18

Chapter 3 Spotting Trends . . . 23

Tools of the Trade . . . 23

Learning to Identify Trends . . . 24

The Rules of the Game . . . 25

Understanding the Moving Average . . . 26

Exiting Safely and Profitably . . . 27

Avoiding a Bursting Bubble . . . 29

Learning to Live with “the Sell” . . . 29

Finding the Trends . . . 30

Up, Down, and Flat as a Pancake . . . 31

Timing Is Everything . . . 35

Chapter 4 Why Trend Following Can’t Be Beat . . . 39

Never Look Back . . . 42

What Happens After You Sell? . . . 43

Conquer Volatility, Don’t Let It Conquer You . . . 44

Do You Have Any Better Ideas? . . . 44

Buy-and-Hold: Does It Work Like It Should? . . . 45

Where That Leaves Us . . . 46

Chapter 5 The Nuts and Bolts of ETFs . . . 49

Why ETFs Are a Better Solution . . . 50

A Fast-Growing Industry . . . 53

Evaluating ETFs . . . 54

Employing ETFs . . . 56

Chapter 6 Tools You Can Use . . . 61

News . . . 61

Analysis . . . 62

Looking Under the Hood . . . 63

Charting . . . 64

Chapter 7 Navigating U.S. Markets . . . 65

Choices Galore . . . 66

Dow Jones Industrial Average . . . 67

The S&P 500 . . . 69

Russell Mid-Cap Index . . . 70

The Russell 2000 . . . 70

Growth Versus Value . . . 72

Value: Slower but Steadier . . . 72

Trends in Value and Growth . . . 73

Domestic Market ETFs . . . 74

Digging in Even Deeper . . . 75

Chapter 8 International Opportunities . . . 77

The Land of the Rising Sun...and Profits . . . 79

The Beginning of the End . . . 80

Emerging Markets . . . 82

China ’s Dragon . . . 84

Investing in Emerging Economies . . . 86

Another BRIC in the Wall . . . 87

International ETFs . . . 88

Developed Markets . . . 89

Emerging Markets . . . 90

Chapter 9 The Best-Looking Sector in the Room . . . 93

Technology: High Highs and Lower Lows . . . 95

The Bubble Springs a Leak . . . 96

Passing Around Blame . . . 98

One Big Financial Mess . . . 99

The Beginning of the Global Crisis . . . 100

Sector-Specific ETFs . . . 101

Power Up with Utility ETFs . . . 103

Checking Up on Healthcare ETFs . . . 104

Banking on Financials . . . 104

Chapter 10 The Luster of Gold and Crude . . . 107

Oil: A Slippery, Yet Profitable Slope . . . 110

Turning Trends into Profits . . . 113

Owning Your Share of Commodities . . . 114

Agriculture . . . 116

Energy . . . 117

Metals (Precious, Base, and Industrial) . . . 118

Broad-Based Commodity ETFs . . . 119

Going the Roundabout Way . . . 120

South Africa . . . 120

Chile . . . 121

Russia . . . 121

Australia . . . 121

Commodities: A Valuable Part of Your Portfolio . . . 122

Chapter 11 The World of Currencies . . . 123

Monitoring the Ups and Downs of Money . . . 123

A Rocky Road for the U.S. Dollar . . .124

Citizens Suffer . . . 124

The Dollar Bucks Its Trend–Will It Last? . . . 126

Making the Most Out of Currency ETFs . . .129

Squeezing the Most from Your Dollars . . . 131

Chapter 12 Trends in Fixed Income . . . 133

Factors to Consider . . . 137

The Yield Curve . . . 139

Recent Trends Spotted . . . 141

Taxes and Municipal Bond Trends . . . 142

High-Yield Opportunity . . . 144

Fixed-Income ETFs . . . 144

Who Wants Bonds? . . . 146

How to Choose Bond ETFs . . . 147

Chapter 13 Getting Leverage in the Markets . . . 149

The Long and Short of ETFs . . . 150

Pumping Up Returns . . . 154

Chapter 14 Conclusion: Let’s Get to Work . . . 159

Switching from Mutual Funds to ETFs . . . 161

Working with Your Advisor . . . 162

Wrap—Up . . . 164

Glossary . . . 165

References and Resources . . . 181

References . . . 181

Resources . . . 197

Books . . . 197

Services . . . 198

Index . . . 199

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program