11.25.14 – That’s All Folks!

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I began this blog on August 3, 2009, when I was still working as an investment advisor.  The past 5 1/2 years have been something, haven’t they?  The Dow Industrials rose from 9,286 to 17,818, an almost 92% gain, while the S&P 500 Index more than doubled, rising 129%.  And the Nasdaq Composite, that little scamp, did even better – up 138%.

My goal was to share my thoughts on the daily market action as seen through ETFs, which have seen exponential growth.  Demand for ETFs has increased as institutional investors have found ETFs a convenient vehicle for participating in, or hedging against, broad movements in the stock market.  As of July 2014, the total number of index-based and actively managed ETFs, including commodity ETFs, had total net assets of $1.8 trillion and accounted for 12% of total net assets managed by long-term mutual funds, ETFs, closed-end funds, and unit investment trusts.  “Popular” doesn’t even begin to describe the success of these investment vehicles.

I have been retired now for 3 1/2 years.  The most fun part of writing the blog was explaining market action in terms of technical analysis.  I find TA to be a challenging field and enjoy it immensely.  It was how I made my living and I miss it, although I still use it for managing my own retirement accounts.

I now have an opportunity to do something I’ve wanted to do for a while – devote a significant amount of my time volunteering at animal shelters.  Beginning next month that’s what I will be doing.  Unfortunately this means that starting next week I won’t have the time to write my ETF Roundup blog.  I will continue my pay site – Subscribers Only! – until the end of December.  That will be discontinued on December 31.

To all of you who who read the blog over the years I hope you found it helpful and/or useful.  Thanks again for reading and have a happy holiday season.

Dave

About Dave

David Steckler enjoyed 24+ years of experience as an investment counselor and portfolio manager before retiring. A former professor at Lindenwood University in Missouri, he also was a member and past president of the American Association of Professional Technical Analysts (AAPTA), and a member of the Market Technicians Association (MTA).
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