ETF/Mutual Fund Data updated through Thursday, May 17, 2012 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Major Market ETFs Extend Losses On Weak Economic Data; GDX Soars, IWM Slips
[Chart courtesy of MarketWatch.com] Major market ETFs got spanked on Thursday closing lower for the fifth straight day with the Dow industrials retreating for the 11th out of 12 sessions when the Philly Fed manufacturing index contracted unexpectedly to -5.8 in May from 8.5 in April as export growth slowed. Treasury 10-year yields headed towards record lows as Greece’s future …
US Stocks End Lower Despite Decent Economic Data; UNG Jumps, PSTL Slides
[Chart courtesy of MarketWatch.com] Robust US economic data on factory output and housing failed to halt the broad slide as US stocks closed lower Wednesday for the fourth straight trading session. Though the day had started off strongly, but concerns over Greece weighed on investor sentiments and down we went. Yield on the benchmark 10-year Treasuries sank to a seven-month …
Delayed Posting
I will be traveling over the next few days, including the weekend, and will return late Monday. I should be able to get most posts out on time, with the exception of today’s market commentary. I anticipate to be able to have it online by around 8 PM PST. Ulli…
7 ETF Model Portfolios You Can Use – Updated through 5/15/2012
Continued weakness caused by Europe’s uncertainties pulled the S&P 500 down another -2.4% since last week’s ETF Model Portfolio update. Besides the fear of contagion from the Greek debt crisis along with no current government and new elections slated for June 16, markets are faced with having to deal with the lack of concrete solutions in sight. Not helping matters …
US Equity ETFs Slide As Greece’s Exit Continues To Loom; VXX Surges, GLDX Plummets
[Chart courtesy of MarketWatch.com] US equity ETFs retreated Tuesday, while the Dow inched towards its four-month low as developments from eurozone kept investors edgy despite steady economic numbers from the home-front. US retail sales grew by 0.1 percent in April, while CPI reading changed little for the month. The New York Empire State Index showed manufacturing bounced bank in May, …