[Chart courtesy of MarketWatch.com] Despite some warnings yesterday concerning Eurozone downgrades, major market ETFs seemed relatively unaffected. The S&P 500 bumped up a paltry 0.11% as volatility remained minimal once more as the VIX rose only 1.04%. Once again, the dollar/Euro exchange rate barely moved while commodities such as gold and oil were pretty flat. Although we haven’t seen massive …
Equity ETFs in the Green Again – Is this Short-Term Equity Rally For Real?
[Chart courtesy of MarketWatch.com] European fears have appeared to temporarily subside as markets pushed upwards once more, building off of last week’s big gains as the S&P 500 finished up 1.03%. This positivity was also echoed by European indices. Nevertheless, the Euro remained virtually unchanged against the dollar at $1.34/Euro. Meanwhile, the Volatility Index had another quiet day, inching up …
12-05-2011
The ETF/No Load Fund Tracker—Monthly Review—November 30, 2011 Markets Remain Confused To put it mildly, November has been a topsy-turvy month for global markets. Although the S&P 500 only dropped 0.7% during the month, it was saved from a potentially disastrous monthly performance due to seemingly unjustified exuberance in the last few days of the month after a couple rough …
ETFs/Mutual Funds On The Cutline – Updated Through 12/2/2011
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 397 ETFs, of which currently 84 (last week 24) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 12/4/2011
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 12/4/2011. A sharp rebound after 2 weeks of horrendous losses saved the week. Economic news out the U.S. has been generally far more positive than anticipated, but it remains to be seen if that momentum …
Short-Term Bandages Can’t Solve Europe’s Long-Term Ailments
I don’t think anyone was quite expecting the wild upswing across major market ETFs this week. While some might be tempted to latch onto a perceived momentary equity run-up, there are far too many telling signs of impending doom that suggest otherwise. The central bank coordination to provide the European banking system with much needed liquidity was a necessary step …