[Chart courtesy of MarketWatch.com] Uncertainty and a certain amount of nervousness among traders provided the background for the day, as the major indexes all slid into the end of the month. There was not much propping up going on as today proved to be a repeat of yesterday’s theme with the indexes hovering slightly above and below the unchanged line. …
US Equities Stall After Two-Day Rally; UNG Bursts, KWT Fades
[Chart courtesy of MarketWatch.com] US equities remained just about flat with a slight negative bias today, snapping a two-day winning streak as investors chose to hold back ahead of the central bank meetings and monthly jobs report later this week. The Dow Jones Industrial Average (DJIA) lost 3 points, with the index’s heaviest component JP Morgan Chase (JPM) leading the …
ETFs/Mutual Funds On The Cutline – Updated Through 7/27/2012
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 265 (last week 224) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 7/29/2012
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 7/29/2012. It was a tale of two markets. The first three days, the bears were in firm control only to be pushed aside by sudden bullish sentiment thanks to well timed jawboning by ECB president …
Will The US Q2 GDP Number Trigger Another Round Of Quantitative Easing?
Friday’s GDP growth number may not be the best, but it’s still much better than the European nations, particularly when compared to the horrible UK number that we saw this week, says Peter Dixon, global equities economist at Commerzbank AG in London. The economy clearly shows a downside risk since growth momentum slowed down to 1.5 percent in Q2 from …
New ETFs On The Block: Powershares DWA Small Cap Technical Leaders Portfolio (DWAS)
Aligning with the latest trend of fund launches that that focuses on smaller issuers, Invesco PowerShares joined the wave by launching the DWA Small Cap Technical Leaders Portfolio (DWAS) last week. The latest offering from the ETF powerhouse comes after a brief hiatus of five months but helps the company expand into more niche segments. DWAS follows the Dorsey Wright …