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 5/27/2012.
Finally, the S&P 500 managed to surprise to the upside by gaining 1.7% for the week after what seems like endless losses.
The Greek saga managed to make headlines again and front page news reports are trying to outdo each other with the latest in speculations as to when and how Greece will call it quits with the EU. It does not appear that any answer to that question is in sight until after the elections on June 17.
Close behind and not lacking in drama is the worsening banking crisis in Spain followed by the slowing economies in China and India.
There is much guesswork as to what will happen next and since no one has that answer, I recommend you stay tuned to the trends and stop loss points of your holdings. To me, that is the only real thing that is real in a surreal world.
This week, we covered the following:Contact Ulli