The ETF/No Load Fund Tracker—Monthly Review—June 30, 2012 Month End Rally Lift US Stocks; European Union Inches Closer To “More” Union US stocks rallied the last business day of June with the S&P 500 locking in 2.5 percent on the day to post its biggest single session gain since December after European leaders agreed on a series of short-term measures …
7 ETF Model Portfolios You Can Use – Updated through 7/3/2012
Up, up and away was the theme, as the S&P 500 added some 4% since last week’s model portfolio report. Of course, from a fundamental point of view nothing has changed but misplaced euphoria about an alleged solution coming out of the EU summit. That was supported by quarter ending window dressing while short covering provided the ammunition for this …
Equities Rally As Auto Sales, Factory Orders Robust In June; GDXJ Shines, VIXY Tumbles
[Chart courtesy of MarketWatch.com] Strong factory orders and an increase in auto sales for May pushed US stocks higher Tuesday after closing mixed Monday as investors breathed easy on concerns that the economy is faltering. Of course, as has been the case lately, bad economic news is simply ignored while decent reports provide the fuel for a rally. Go figure. …
Dow Slips As Manufacturing Disappoints; Worst NYSE Volume In Over A Decade
[Chart courtesy of MarketWatch.com] The S&P 500 and NASDAQ ended shrugged off early weakness to close modestly higher, while the Dow Industrials closed slightly lower Monday after ISM data showed US manufacturing shrank unexpectedly in June for the first time since July 2009. Volume was the worst on the NYSE in a decade and, even when compared to other July …
ETFs/Mutual Funds On The Cutline – Updated Through 6/29/2012
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 249 (last week 202) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 7/1/2012
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 7/1/2012. Sharp losses early in the week were made up during last trading day of the month as the EU summit produced some agreement to help out Italian and French banks via a direct lending …