[Chart courtesy of MarketWatch.com] Boosted by European Central Bank President Mario Draghi’s announcement of an open-ended bond purchase scheme aimed at bringing down Spanish and Italian borrowing costs, US stocks broke-out Thursday to finish on a multi-year high even as the bank chief made good of his earlier pledge to preserve the common currency at any cost. Countries must seek …
Equities Change Little Ahead Of ECB Meet; Six Major Events On Deck
Equities changed little Wednesday with the blue-chip S&P 500 index posting marginal gains as investors decided to wait in the wings ahead of ECB’s all-important policy meeting Thursday. Meanwhile, Bloomberg reported the European Central bank is ready with its blueprint, called the “Money Outright Transactions,” to embark on an unlimited government bonds buying plan with maturities of three years or …
7 ETF Model Portfolios You Can Use – Updated through 9/4/2012
Again, tight range riding in the S&P 500 prevailed this past week with the index dropping a scant 4 points. It’s simply amazing to watch that any sell off, which pulls the indexes off their highs by a meager 0.5%, is met with buying as hope prevails that the Fed will always come to the rescue by throwing an assist …
08-05-2012
The ETF/No Load Fund Tracker—Monthly Review—August 31, 2012 Europe Still Wavering; In Search Of Direction From Central Banks US equity ETFs ended higher despite a quiet and boring August with all three leading indexes gaining for the month. Not surprising, the QE addicted crowd was left a little disappointed on the last trading day of the month, as Fed Chairman …
US Indexes Trim Losses While Europe Tumbles Ahead Of ECB Meeting
[Chart courtesy of MarketWatch.com] US equity indexes started September on a weak note as investors’ concern that the economy was slowing over weak manufacturing data was somewhat tempered by hopes the European Central Bank will intervene to tame the continent’s debt crisis. Here we go again. We will find out soon if Mario Draghi’s promise to deliver a European solution …
ETFs/Mutual Funds On The Cutline – Updated Through 8/31/2012
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 317 (last week 330) of them are hovering in bullish territory. The second report …