The markets had nothing to go on other than hope and wishful thinking that Greece will be saved and remain in the European Union, while speculation grew that China may throw an assist to Europe’s indebted nations. However, skepticism set in towards the end of the trading day, as cooler heads prevailed by concluding that today may have been just …
7 ETF Model Portfolios You Can Use – Updated through 9/13/2011
While the S&P 500 managed to gain a slight +0.69% since last week’s update, most portfolios declined to varying degrees as the precious metals, along with the Swiss Franc, took a hit over the past few trading days. That impacted our core holding PRPFX. There will be days like that, but overall, PRPFX has held steady and has come off …
European Debt Worries On Hold—Equity ETFs Continue Modest Rally
European debt worries and bank problems certainly have not gone away; they were merely put on hold today with no negatives hitting the newswires. As a result, the domestic markets seesawed but managed to close higher for the second day in a row. However, the health of a variety of European banks is still of great concern and may come …
Bouncing Off The Support Level—Major Market ETFs Stage A Rebound
You never know if a white knight can suddenly appear with enough powers to pull the major indexes out of a deep hole. That was the case today, as the S&P 500 was bouncing around its major support level of 1,140, which was briefly violated, when news broke that Italy is talking to Chinese Investors about buying some of its …
Precious Metal And Bond ETFs Remain The Leaders; ETF Master Cutline List – Updated through 9/9/2011
With the S&P 500 losing another -1.70% since the last ETF Master Cutline Report, it’s no surprise to see the number of ETFs above the line reduced further. Currently, there are 34 ETFs positioned in bull market territory and 362 below the line and in bear market territory. In a repeat from the prior week, precious metals occupy the top …
Last Week In Review: ETF News And Blog Posts To 9/11/2011
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 9/11/2011. The European debt crisis accelerated this past week and pulled world markets sharply lower. As I have mentioned before, that fact is not really news, but the timing of it is. I would expect …