ETF/Mutual Fund Data updated through Thursday, October 20, 2011 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 8/9/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Markets Cool Off a Bit, But Equity ETFs Are Still in the Hot Seat
[Chart courtesy of MarketWatch.com] After three days of large swings, markets tempered a bit to say the least. Volatility heavily subsided as the VIX rose 1.28%. As far as market performance, the S&P 500 posted a modest gain of 0.46% while trading with a relatively narrow 20 point band. In an otherwise relatively quiet day, gold took a bit of …
The Long-Term Outlook Still Looks Questionable for Equity ETFs
[Chart courtesy of MarketWatch.com] In what has so far been a topsy-turvy week on Wall Street, the markets backtracked into the red after Tuesday’s gains. While the Dow was marginally affected, dropping 0.63%, the S&P 500 and NASDAQ respectively fell 1.26% and 2.01%. It’s quite a disparity among the three major indices indeed. Meanwhile, oil dipped 2.60% to 86.04/barrel. With …
7 ETF Model Portfolios You Can Use – Updated through 10/18/2011
Riding the hopes of a European debt solution pushed the major market ETFs to the upper end of the trading range. While domestic equity ETFs still remain on the bearish side of the trend line, some sector ETFs have crossed to the upside and are offering opportunities for gaining limited exposure. Yesterday, I took advantage of early weakness to add …
This Market Turbulence is Mind Boggling for ETFs
[Chart courtesy of MarketWatch.com] Just when it seemed like markets came to reality and began taking Europe’s problems into account again, equities shot up, with the S&P 500 rising 2.04% while volatility subsided. The amount of sensitivity to news in the marketplace is borderline insane at the moment. I simply can’t deviate from our strategy yet, unless a viable long-term …
Market Risk is Back On For Equity ETFs – Are We Heading Down Again?
[Chart courtesy of MarketWatch.com] Finally coming to grips with the underlying issues plaguing Europe, markets went into reverse after two weeks of gains, with the S&P dropping 1.94%. Most notably, the VIX skyrocketed 18.24%, indicating that worries concerning a European debt solution have substantially put risk back on the table. Furthermore, the dollar appreciated against the Euro, finishing at $1.37/Euro, …