5 ETF Indicators Pointing Towards Trouble Ahead
Investors need to heed the warning signs shown in these charts
Berkshire Hathaway (BRK.A,BRK.B). Yes, technically the Oracle of Omaha’s holding company is not an exchange-traded vehicle nor a mutual fund. Nevertheless, BRK.B often serves as a barometer on investor sentiment. In fact, it is rare for a bull market to be healthy when it is leaving Warren Buffett behind. The price of BRK.B has been stagnant for 9 months. Moreover, BRK.B is also the unfortunate recipient of the unkind chart pattern known as a “death cross.”
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Disclosure Statement: ETF Expert is a web log (”blog”) that makes the world of ETFs easier to understand. Gary Gordon, MS, CFP is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. Gary Gordon, Pacific Park Financial, Inc., and/or its clients may hold positions in the ETFs, mutual funds, and/or any investment asset mentioned above. The commentary does not constitute individualized investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial, Inc. or its subsidiaries for advertising at the ETF Expert web site. ETF Expert content is created independently of any advertising relationship.
Article printed from InvestorPlace Media, http://investorplace.com/2014/02/etf-indicators-gld-spy-tsla-gild-nflx/.
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