While the Fed left current interest unchanged at record low levels, it will also continue with operation “Twist” by buying longer term treasuries and selling the short end of the yield curve. The Fed’s view of the economy was considered “frustratingly slow” but appeared to be somewhat stronger than in October. After the announcement, the markets briefly sold off as …
7 ETF Model Portfolios You Can Use – Updated through 11/1/2011
Just as the European debt crisis seemed to have been brought under control, the Greek PM threw a wrench in the agreement by announcing a referendum to be held later on this year to decide on the bailout proposal. I commented on this latest development more extensively in yesterday’s market commentary. The markets, as measured by the S&P 500, gave …
Striking a Tragic Fate – Are Equity ETFs Destined for a Downfall?
[Chart courtesy of MarketWatch.com] As the situation in Europe unfolds, equity ETFs tumbled once again as the S&P fell 2.79%. And after a period where it looked like volatility was falling, the risk switch has turned back on again, with the VIX rising 16.05% to 34.77. Also, the dollar improved against the Euro to end the day at $1.37/Euro. We …
Equity ETFs Get Spooked As European Fears Remain
[Chart courtesy of MarketWatch.com] After a stellar performance for equities last week, Halloween scared off investors to make markets end the month on a low note. Major indexes took a sizeable dip, with the S&P 500 falling 2.47%. Also, after recent dollar weakening, the dollar came back up to $1.38/Euro. Most startlingly, the VIX jumped a staggering 22.14%, nearly hitting …
More Domestic Equity ETFs Have Entered Bullish Territory
With a record October for equities, despite Europe’s questionable financial state of affairs, domestic ETFs have become increasingly attractive, rising well above their long-term trend lines, sneaking into bullish territory. Whereas in the past couple weeks, I was limiting myself to selected sector ETFs, besides my established position in bond ETFs, the technicals warrant some domestic ETF exposure as well. …
Last Week In Review: ETF News And Blog Posts To 10/30/2011
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 10/30/2011. The markets continued to feed on Europe’s mother of all debt deals designed to solve broad issues after a 50% haircut agreement was reached. However, worries persist, and rightfully so, that the execution of …