[Chart courtesy of MarketWatch.com] The market quietly opened higher today as the nation is still in shock of the bombings in Boston. Equities snapped back Tuesday after Monday’s nasty sell-off, cheered by better-than-expected March housing starts and a tame reading on consumer prices. The Nasdaq led the way, rising 1.51%; the Standard & Poor’s 500 Index added 1.46%, rebounding from …
Let The Sell-Offs Begin…
[Chart courtesy of MarketWatch.com] The week kicked off on a decidedly down note. Stocks sunk deep into the red on Monday. The major averages suffered sharp losses as the chart above shows. The S&P 500 posted its worst day in more than four months. As explosions rocked the finish line area of the Boston Marathon, stocks extended losses even further …
ETFs/Mutual Funds On The Cutline – Updated Through 4/12/2013
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 346 (last week 338) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 4/14/2013
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 4/14/2013. It now looks like the major indexes only took a breather the prior week before continuing their ascent towards a new milestone marker during the past five trading days, which would be the 1,600 …
One Man’s Opinion: Can The US Economy Really Grow By Almost 3% In 2013?
The recent plunge in gold prices indicate commodities are in the overbought region, and some kind of price pullback is likely to take place in near term, though there is some nervousness in the markets due to money-printing by global central banks, says Joe Quinlan, Chief Market Strategist at US Trust – Bank of America. When questioned why he’s bullish …
New ETFs On The Block: SPDR Blackstone/GSO Senior Loan ETF (SRLN)
State Street Global Advisors (SSGA), the Boston, MA based distributor of exchange traded-funds, has combined forces with GSO Capital Partners, the global credit business of private equity behemoth Blackstone, to unveil the world’s first actively managed senior loan ETF – the SPDR Blackstone/GSO Senior Loan ETF (SRLN). If you are looking to invest in a liquid and cost-effective instrument for …