Weakness in the markets showed up since last week’s ETF Model Portfolio publication, as continued uncertainty about Europe pulled the major indexes lower with the benchmark S&P 500 losing 1.4%. All model portfolios retreated but to a lesser degree than the S&P. It looks to me that the markets are in dire need of a new driver to replenish lost …
US Markets Close Mixed As Tech Stocks Slip; KRU Pops, GAZ Drops
[Chart courtesy of MarketWatch.com] US stocks closed mixed Tuesday with the broad market holding onto gains as investors welcomed encouraging Q1 corporate results, while Netflix’s weaker-than-expected outlook weighed NASDAQ down. Apple Inc came under selling pressure ahead of its earnings report after the close. As was hoped for, Apple delivered beyond expectations which may bode well for a positive opening …
US Equity ETFs Slide On Europe And China Fears; SDK Pops, UMX Sinks
[Chart courtesy of MarketWatch.com] US equity ETFs retreated Monday as political uncertainty in Europe continued to dominate the headlines with French President Nicholas Sarkozy losing the first round of elections to socialist presidential aspirant Francois Hollande. Hollande has been openly hostile to Sarkozy’s austerity proposals and has vowed to tax the rich if voted to power. The Netherlands’ coveted AAA …
ETFs/Mutual Funds On The Cutline – Updated Through 4/20/2012
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 334 (last week 316) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 4/22/2012
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 4/22/2012. Last Tuesday’s strong rebound gave encouragement to the bulls, but there was no upside follow through, so the markets meandered with a downward bias for the remainder of the week. While some are focusing …
The Weekly Interview: Emerging Market ETFs
The emerging markets led by China may prove to be an attractive investment proposition, according to Jay Pelosky, consultant at J2Z Advisory. Jay also helps Morgan Stanley create global and emerging markets equity products. Speaking on Bloomberg about the domestic economy, Jay said there are four key issues – which he likes to call “sustainable issues,” that need to be …