After the previous week’s knockdown, it was up, up and away as the reasons for the pullback vanished into thin air with the S&P 500 adding some +2.9% recouping all losses and then some. The Dow finally took out its 2007 high, which I commented on yesterday. It seems like it’s a one way street into bubble territory with equities …
Heading Into Bubble Territory; Dow Hits Record High After Services Index Rise; Europe Rallies
[Chart courtesy of MarketWatch.com] The Dow Jones Industrial Average jumped to a new high Tuesday, trimming losses from the financial crisis after a four-year rally, fueled by monetary stimulus from the Federal Reserve and alleged indications of an improving economy. Equities extended their gains after the Institute for Supply Management’s index for non-manufacturing activity rose to 56 percent from 55.2 …
03-05-2013
The ETF/No Load Fund Tracker—Monthly Review—February 28, 2013 US Equities Advance In February; Europe Rises For The Ninth Straight Month Major US equity averages added more than one percent in February with the Dow Jones Industrial Average and S&P 500 coming close to their all time highs as markets turned choppy toward the end of the month on mixed …
Dow Heads Closer To Record High; Europe Retreats On China
[Chart courtesy of MarketWatch.com] US stocks ended higher with the Dow Jones Industrial Average rising to its highest level since 2007, as speculation the Federal Reserve will continue expansionary policies offset concern over spending cuts and China’s economy. Markets were hit by headwinds from China earlier where authorities announced new-property buying restrictions Friday, ostensibly to prevent formation of asset bubbles. …
ETFs/Mutual Funds On The Cutline – Updated Through 3/1/2013
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 344 (last week 354) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/3/2013
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 3/3/2013. Again, early this past week we had a sharp sell off in the indexes caused by the outcome of the Italian elections and the constant fear mongering in the main stream media about the upcoming sequester …