The ETF/No Load Fund Tracker—Monthly Review—November 30, 2012 Equity ETFs Finish November Mixed; Europe Heads Higher US equity ETFs finished November modestly higher, but not before witnessing wild swings triggered by worries over the US fiscal cliff and developments in Europe. The tech-heavy NASDAQ and the smaller cap indices fared better than the large-cap S&P 500 and Dow Jones …
US Indexes Ease As Fiscal Cliff Wrangling Continues; Europe Wobbles On Uncertainties
[Chart courtesy of MarketWatch.com] US stocks turned lower, sending the major equity averages down for a second straight day, as Democrats stuck to their guns on raising taxes for the richest Americans and eurozone differences continued to fester over a new banking regulator in the single currency bloc. In the latest round of US budget negotiations, the White House rejected …
More Fiscal Cliff Rhetoric With No Tangible Results; Weak Data Pulls Down Indexes
[Chart courtesy of MarketWatch.com] US equities finished lower as politicians in Washington restarted the rhetoric on how to manage the nation’s fiscal policy, and a measure of factory output showed unexpected contraction in November. The Institute for Supply Management’s index of manufacturing activity dropped to 49.5 in November from 51.7 a month earlier, signaling contraction for the first time since …
ETFs/Mutual Funds On The Cutline – Updated Through 11/30/2012
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 332 (last week 308) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 12/2/2012
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 12/2/2012. A nothing week came to an end as the S&P 500 ended just about unchanged with hope, followed by concern, about the fiscal cliff games keeping the indexes in a tight trading range, however, …
One Man’s Opinion: Does Monetary Policy Improve Structural Unemployment?
Federal Reserve Chairman Ben Bernanke has little control over US monetary policy and by using up all the traditional ammunition called the basis points by taking the Federal Funds Rate down to zero and indulging in this experimental medicine known as quantitative easing, Bernanke has pretty much abdicated control over the traction between the monetary policy and real economy, says Stephen Roach, …