There’s no question which news event ruled the day. From the get go, it was S&P’s announcement that it is cutting its outlook on U.S. government debt to negative, which could threaten its pristine AAA rating. The major market ETFs dropped like a rock, but afternoon bargain hunting limited losses somewhat. Good thing there wasn’t another negative news report, or …
ETFs On The Cutline—Updated through 4/15/2011
In this latest edition, you’ll notice again that ETFs do not remain in the same position in relation to the cutline for very long when market weakness sets in. For example, DFJ, which had a +1 placement last week, sold off sharply and ended up in the -12 position. The lesson is that you need to have ETFs move above …
ETFs On A Wild Ride
The WSJ (subscription required) had some interesting thoughts in “Exchange Traded Funds Gone Wild:” Exchange-traded funds had such a humble start, it’s hard to believe what a crazy mélange they’ve become. Back in 1993, the Standard & Poor’s Deposit Receipt (SPDR, pronounced Spider) launched, giving investors a fresh way to invest in the Standard & Poor’s 500-stock index. And, for …
FSB Is Worried About ETFs—Should You Be Concerned Too?
FSB stands for “Financial Stability Board.” It represents the world’s main regulators and central banks. Let’s listen in to “Financial Stability Board Warns on Exchange Traded Funds:” Exchange traded funds pose a serious risk of causing a new financial crisis and should be put under the spotlight so that the signs of a market crash are spotted early, according to …
ETF/No Load Fund Tracker updated through 4/14/2011
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2011/04/weekly-statsheet-for-the-etfno-load-fund-tracker%E2%80%94updated-through-4142011/ ———————————————————— Market Commentary Friday, April 15, 2011 MAJOR MARKET ETFs: SLOPPY AND CHOPPY The past five trading days turned into a repeat of the prior week, as the major market ETFs continued to meander aimlessly but moved higher today in the face of several …
Weekly StatSheet For The ETF/No Load Fund Tracker—Updated Through 4/14/2011
ETF/Mutual Fund Data updated through Thursday, April 14, 2011 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY— since 6/3/2009 As announced via a blog post, on 6/2/2009, the TTI triggered a buy signal with an effective date of 6/3/2009. We will use the 7% trailing …