[Chart courtesy of MarketWatch.com] US stocks pulled back sharply Wednesday with the S&P 500 posting its fourth down session in a row, as investors became concerned over growth, or the lack thereof, after aluminum producer Alcoa cut its global demand outlook citing weak Chinese demand. Chevron’s warning on third quarter profits weighed on the Dow Industrials after the oil conglomerate …
7 ETF Model Portfolios You Can Use – Updated through 10/9/2012
The markets received a dose of reality yesterday as fears about sharply reduced earnings took center stage followed by the IMF cutting global forecast outlooks. Despite the 1% drop in the indexes, I believe that equity market levels are still way out of whack with fundamentals, a theme which may very well play out further over the next few weeks, …
Equities Tumble Ahead Of Earnings Season; Europe Drops After IMF Forecast
[Chart courtesy of MarketWatch.com] Equities plunged today with the S&P 500 and NASDAQ extending losses for the third straight day as investors chose to remain on the sidelines while third quarter earnings season started unofficially. The Dow Jones Industrial Average (DJIA) slipped 110 points, finishing lower for the second day in a row. The 30-stock blue chip index turned overtly …
Earnings Worries Pull The Major Indexes Off Their Highs; Europe Stumbles
There was no surprise in this corner as Wall Street pulled back in anticipation of a weak earnings season with the 11-quarter year over year streak of gains being in jeopardy. Even though expectations have been ‘dumbed’ down, it’s still questionable whether this very low bar can even be conquered. If not, we’re in for a pullback, which is long …
ETFs/Mutual Funds On The Cutline – Updated Through 10/5/2012
ETFs/Mutual Funds On The Cutline – Updated Through 10/5/2012 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 350 (last week 348) of …
Last Week In Review: ETF News And Blog Posts To 10/7/2012
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 10/7/2012. After some aimless meandering for a couple of days, upward momentum picked up, and the S&P 500 managed to add some 1.5% for the week. The mode of operation continues to be the same, …