[Chart courtesy of MarketWatch.com] European worries seemed not to have fazed investors as 2012 has kicked off. The S&P 500 posted a gain of 1.55% while major European and Asian indices also rose. Nevertheless, the Euro didn’t move much, finishing the day at $1.31/Euro. Also, it looks like investors perceive a slightly less risky environment as the 10-year Treasury yield …
ETFs/Mutual Funds On The Cutline – Updated Through 12/30/2011
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 398 ETFs, of which currently 110 (last week 107) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 1/1/2012
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 1/1/2012. The major indexes inched slightly lower into the last trading day of the year with the S&P 500 ending 2011 just about unchanged. Heading into 2012, the world’s excessive debt overhang will remain headline …
A Rough 2011, But Will 2012 Get Any Better?
It’s been a crazy year for markets to put it mildly. Europe descended into a full blown financial crisis, the U.S. failed to make significant headway in economic growth, and Asian economies started heading south. And the sad part is that 2012 might just be much of the same. Looking back on 2011, Guardian economics editor Larry Elliot reviews the …