Thanks to Bernanke’s equity boost last Monday, the major market ETFs rallied strongly interpreting his words as continued loose monetary policy, which is supposed to bode well for equities. Since last Wednesday’s update, the S&P 500 added another 0.5% increasing the YTD gains. While that may give many investors the warm fuzzies, I believe that continued manipulation of interest rates, …
US Stock Rally Runs Out Of Steam; VXX Floats, VNM Sinks
[Chart courtesy of MarketWatch.com] US stocks took a break to close lower Tuesday, as the day’s economic data gave investor’s little reason to cheer about after Monday’s rally. Treasuries rallied today showing not everybody believed that the bond bear market started Monday when economic reports showed decline in home consumer confidence and prices. Demand for US debt was well supported …
Bernanke Boosts Equity ETFs; GDXJ Surges, GAZ Continues To Sink
[Chart courtesy of MarketWatch.com] US equity ETFs surged Monday, erasing a week’s losses after Federal Reserve Chairman Ben Bernanke expressed concern over the job market momentum sustainability and reaffirmed further liquidity injection if necessary. 30-year bond yields rose the most in a week after Bernanke hinted at continuing the record low interest rates, boosting bets that inflation will move north …
ETFs/Mutual Funds On The Cutline – Updated Through 3/23/2012
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 349 (last week 349) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/25/2012
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 3/25/2012. The markets meandered without clear direction last week and seem to have run out of steam as the S&P 500 vacillated above and below its 1,400 milestone marker. That’s no surprise to me as …
Is This The Best Time, “The Opportunity Of A Generation,” To Invest In Equities?
US investors are warming up to equity investment opportunities following the stock market’s bull-run since the start of 2012. Leading brokerages are upbeat about equities with some of them terming the current situation as “the opportunity in a generation.” Jeffrey Saut, chief investment strategist at leading brokerage firm Raymond James and Associates Inc who oversees $300 billion in investments, thinks …