ETF/Mutual Fund Data updated through Thursday, March 1, 2012 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Major Market ETFs Open Month Higher
[Chart courtesy of MarketWatch.com] Stocks closed higher Thursday as investors weighed improved reading on the jobs front against slightly disappointing construction spending and manufacturing data. According to the Labor Department, the number of Americans filing first-time claims for unemployment benefits dropped 2,000 to 351,000 last week, the lowest since March 2008. Four-week average now stands lower by 5,500 at 354,000, …
U.S. Stock Indexes Slide, UUP Gains, GLD Loses Shine
[Chart courtesy of MarketWatch.com] U.S. indexes reversed Tuesday’s gains after Fed Chairman Ben Bernanke hinted at stopping further liquidity expansion measures today. In other words, he took the punch bowl away for the time being by showing no monetary exuberance. In a testimony before the Congress that started at 10 a.m. Wednesday, Bernanke said though continuing with liquidity enhancing measures …
7 ETF Model Portfolios You Can Use – Updated through 2/28/2012
The markets meandered since last week’s ETF Model Portfolio update, as the Dow repeatedly bounced against overhead resistance at the 13k milestone, while the S&P 500 had trouble piercing its glass ceiling at 1,370. Investors were finally rewarded yesterday, as both levels were conquered with the indexes closing above them. This is always a crucial moment, since continued bouncing against …
U.S. Stocks Rise With Consumer Confidence, UNG Dips With Oil, SLV Zooms
[Chart courtesy of MarketWatch.com] Soaring consumer confidence and falling oil prices triggered a rally in US stocks as the Dow Jones Industrial Average closed over the psychologically important 13,000 mark for the first time since May ’08. The DJIA ended at 13,005.12, a gain of 0.2 percent, while the S&P 500 added 0.3 percent to close at 1,372.18, its highest …
US Stock Indexes Close Flat, Builder ETFs Rise As Pending Home Sales Near 2-Year High
[Chart courtesy of MarketWatch.com] US stocks closed flat despite the domestic economy showing signs of improvement and Europe appearing less toxic. Early gains for the day, after stronger-than-expected housing data came in, were offset by a pullback in the energy sector. The Dow Jones Industrial Average (DJIA) shed 0.01 percent, to end at 12,982 while the S&P 500 managed to …