Friday, May 13, 2011 BEARISH FOOTPRINTS Mixed economic data throughout the week kept the markets bouncing around in a trading range with no clear direction. Compared to last Friday’s close, the S&P 500 ended down 2 points. Expectations for an expanding economy remain widespread, but a continued slowdown has become a distinct possibility, which would limit any upside growth and …
High Volume ETFs On The Cutline – Updated Through 6/8/2011
With the continued selloff, today’s High Volume ETF Cutline report offers some interesting insights in where the markets might be headed. To clarify, High Volume (HV) ETFs are defined as those with an average daily volume of $10 million or higher. These ETFs are generated from my selected list of 90 that I use in my advisor practice. It cuts …
05-06-2011
Friday, May 6, 2011 WHACKING THE BULLS After last week’s strong rally, it was time for the bears to show some muscle and pull the major indexes back into reality territory. After 4 days of selling, euphoria about today’s better than expected jobs report pulled the market out of the doldrums via a sharp opening upside spike. I am not …
6 ETF Model Portfolios You Can Use – Updated through 6/7/2011
The markets sold off sharply since last week’s portfolio update and, as a result, our trailing sell stop for VB was triggered Monday, and the position was liquidated yesterday. Portfolios #1 and #4 were affected by this sale. There was a shift in YTD performance as the aggressive portfolio (#3) edged out #5 for the top spot. More importantly is …
Major Market ETFs Plunge During Last Hour
The markets did their best cliff dive imitation during the last hour of trading and surrendered all gains of what appeared to be a nice rebound. Causing the sudden change in sentiment were comments from Fed chairman Bernanke, during which he saw the recovery as uneven and also warned against a “sudden fiscal contraction” if spending would not be brought …
Mutual Funds On The Cutline – Updated as of 6/6/2011
With the sell off continuing, the cutline suddenly became very crowded by equity mutual funds, which dropped in from a level above the highest +20 reading. As a regular reader, you know that lately most of the funds, hovering slightly above and below their long-term trend line, were bond funds. That’s changed dramatically this week, as further market weakness pulled …