[Chart courtesy of MarketWatch.com] The major indexes finished mixed today with the Dow Jones Industrial Average sinking for the first time in three days after Spanish Prime Minister Mariano Rajoy contradicted a previous Reuters report that said the country could seek help from the European Union as early as this weekend. The Dow Jones Industrial Average (DJIA) closed 33 points …
Equities Fizzle After Bernanke Speech Disappoints; Europe Ends Higher On ISM Data
[Chart courtesy of MarketWatch.com] US equity ETFs ended the first day of the quarter mostly higher after data released by the Institute for Supply Management showed US manufacturing activity rose to 51.5 in September, marking its first expansion in four months. However, risk appetite diminished after Fed Chairman Ben Bernanke said headwinds to the economy due problems in Europe and …
ETFs/Mutual Funds On The Cutline – Updated Through 9/28/2012
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 348 (last week 163) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 9/30/2012
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 9/30/2012. With the anticipation of what the Fed might do next being gone, the markets returned to a more normal state and reacted to good and bad news as you might expect them to do. …
One Man’s Opinion: The US Is Doing Pretty Well Compared To Europe
The US economy is doing pretty well compared to the European ones, says David Blanchflower, a professor of Economics at the Dartmouth College and a Bloomberg Television contributing Editor. Back from his trip to Europe, David says there is fear everywhere. In France, people are talking about Hollande’s dipping popularity while in Germany people are worried about unemployment rising. The …
New ETFs On The Block: MSCI Frontier 100 Index Fund (FM)
iShares, the San Francisco-based ETF issuing arm of BlackRock Inc, has unveiled its first exchange traded fund benchmarked to the MSCI Frontier Markets 100 Index in an effort to expand its lead in the foreign fund space. iShares, with its lineup of more than 200 funds, has now targeted economies that are one rung below emerging markets. The iShares MSCI …