[Chart courtesy of MarketWatch.com] US stocks rallied Tuesday, adding more than one percent for the day on hopes of extension of the Operation Twist as the US central bank’s two-day long FOMC meeting started today. Resilient housing data for May boosted sentiments further, pushing US indexes to a five-week high. Treasuries declined after three continuous gain-days amid growing chatters that …
US Equities End Mixed As Spain Takes Center Stage; GAZ Rises, EWP Sinks
US equities finished mixed Monday with the Dow Industrials wavering as relief over the win of pro-bailout parties in Greece, which diminishes an imminent exit for Athens greatly, proved short lived. Spanish 10-year borrowing costs hit a euro-era high, breaching the seven percent level that ultimately forced the Dow lower for the day. Amid speculations that the Federal Reserve will …
ETFs/Mutual Funds On The Cutline – Updated Through 6/15/2012
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 219 (last week 216) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 6/17/2012
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 6/17/2012. To heck with the economic data points for the week which, without exception, were simply awful as every one of them came in below expectations. Well, these days that’s a good thing, as it …
“Bernanke Has Limited Options To Stimulate Growth;” Chief Investment Officer, Strategic Group
What are the tools available to Federal Reserve Chairman Ben Bernanke to stimulate growth/avoid a double-dip recession in case the European crisis worsens? In his latest testimony before the US Congress Bernanke claimed the Fed has options available to accelerate the economy. Lincoln Ellis, the Chief Investment Officer for the Strategic Group however, begs to differ and feels there are …
New ETFs on the block: North American Oil Sands ETF (SNDS)
Sustainable Wealth Management is the latest entrant into the North-American oil sands market, launching their first ETF, the Sustainable North American Oil Sands ETF (SNDS) that gives investors broad exposure in to the space. SNDS seeks to track the Sustainable North American Oil Sands Index, a benchmark that comprises of companies with operations in oil exploration, production, refining, transportation and …