[Chart courtesy of MarketWatch.com] Major Market ETFs retreated today with the S&P 500 climbing down from a four-year high as optimism over the European Central Bank’s possible intervention to limit the region’s contagion was eclipsed by a decline in US equities led by technology stocks. The Dow Jones Industrial Average (DJIA) fell 0.5 percent, with 22 of the 30 stocks …
US Equities Pause Ahead Of FOMC Minutes; International Buy Signal Generated
[Chart courtesy of MarketWatch.com] US equities hit the pause button on a placid August trading session, as investors chose to wait ahead of the Federal Reserve’s minutes from the last meeting due out ater this week as worries about Europe offset gains in the technology and banking sector. The Dow Jones Industrial Average (DJIA), the S&P 500 and the NASDAQ …
ETFs/Mutual Funds On The Cutline – Updated Through 8/17/2012
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 334 (last week 324) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 8/19/2012
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 8/19/2012. The low volume story continued, and the major indexes managed to crawl higher on uneven economic data with not much coming out of Europe except the occasional sound bite about the support of the …
Will Bernanke Keep His Cards Close To His Chest?
Federal Reserve Chairman Ben Bernanke is unlikely to disclose his strategy going forward when he attends the annual economic policy symposium in Jackson Hole in September, says Randall Kroszner, former Federal Reserve governor and a professor of economics at the Booth School of Business at the University of Chicago. Back in 2010, Bernanke had disclosed his strategy, because he was …
New ETFs On The Block: PowerShares S&P 500 Low Volatility Portfolio (SPLV)
If you recognize the long-term value in the S&P 500 stocks, yet are adverse to volatility, you may consider using the S&P 500 Low Volatility Portfolio (SPLV) as opposed to SPY or the broad VTI. SPLV tracks the S&P Low Volatility Index and includes 100 stocks from the benchmark’s 500 with the lowest realized volatility over the past 12 months. …