[Chart courtesy of MarketWatch.com] Domestic stocks pared better economic-data driven early gains Tuesday in the final trading hour, after media reports suggested Greece was set to seek more time to meet its budget-deficit reduction targets. As if more time would really make a difference. The Financial Times of London suggested Greece is expected to propose 1.5 percent deficit reduction annually …
US Equities End Mostly Lower As Japanese GDP Disappoints; Europe Slips On German Lawsuit
[Chart courtesy of MarketWatch.com] US equties mostly declined Monday after six straight up sessions as weak Japanese Q2 GDP reading weighed on investors despite a successful auction of Italian bonds that somewhat eased market concerns on Europe. Both the S&P 500 and the Dow Industrials ended the day modestly lower as investors rushed to take profits while the NASDAQ recovered …
ETFs/Mutual Funds On The Cutline – Updated Through 8/10/2012
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 324 (last week 283) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 8/12/2012
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 8/12/2012. In one of the lowest volume weeks in some five years, the S&P 500 managed to eke out another gain of 1%. This lack of participation makes it very easy to distort true market …
Would The Euro Be Much Better Broken Up?
The cure for the ongoing euro crisis lies in that either Germany allows above average inflation or the Club Med countries witness depression in order to adjust for relatively higher costs, says Charles Dumas, Chief Economist and Chairman of Lombard Street Research Ltd. However, with China slowing down, German inflation is unlikely to go up since German exports depend largely …
New ETFs On The Block: Advisorshares QAM Equity Hedge ETF (QEH)
AdvisorShares, the Maryland-based ETF issuer famous for its impressive line-up of actively managed funds, recently launched the QAM Equity Hedge ETF (QEH) to widen its product portfolio. QEM, the 16th fund from AdvisorShares’ stable, will be sub-advised by Commerce Asset Management (CAM), a Memphis, Tennessee-based investment advisor and subsidiary of Commerce Holdings LLC that oversees approximately $700 million in assets. …