[Chart courtesy of MarketWatch.com] Giving out early session gain gains, US stocks finished lower Wednesday as the Federal Reserve’s call for modest growth tempered moods amid signs of improvement in Chinese factory output and American housing market. October US flash manufacturing activity notched up to 51.31 from 51.1 in September while the US housing industry continued to chug ahead, extending …
7 ETF Model Portfolios You Can Use – Updated through 10/23/2012
Last week’s rebound attempt lasted exactly 2 days before the bears stepped in and pulled the indexes off their lofty levels with the S&P 500 giving back some 2.9% since last Tuesday’s model portfolio posting. Some reality in regards to earnings and outlooks has finally set in as some of the bellwether companies disappointed. Throw in the fact that a …
Exuberance Disappears As Markets Take It On The Chin; Europe Plunges
[Chart courtesy of MarketWatch.com] Stocks took another plunge today with the Dow Industrials hitting a seven-week low after a batch of weak US earnings numbers and worries over Spain deepened investors concern of a global slowdown. Risk sentiment soured after ratings agency Moody’s Investor service downgraded Spain’s five regions by one or two notches stating their long term funding alternatives …
Last Hour Lift-A-Thon Saves The Day; Europe Turns Lower
[Chart courtesy of MarketWatch.com] US market indexes staged a late-session comeback Monday that erased early losses to end marginally higher after the technology sector rallied to lift major equity averages. It was the usual afternoon lift-a-thon we have become accustomed to witness now that the Fed is officially in charge of stock market direction. Following last week’s steep losses after …
ETFs/Mutual Funds On The Cutline – Updated Through 10/19/2012
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 339 (last week 335) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 10/21/2012
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 10/21/2012. Despite a very bullish start this past Monday, reality in form of poor economic data points and earnings disappointments by major players in the tech industry combined to knock the indexes off their lofty …