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 5/26/2013.
Thanks to the Fed’s confusing messages, in part by Bernanke and in part by different Fed presidents, the markets decided that it was time to face the reality of possible tapering off of the QE programs in the not too distant future.
As a result, the major indexes closed the week down, but off their lows, with the S&P 500 surrendering about 1%. It now remains to be seen if next week the dip buyers show up again to take advantage of lower prices so that relentless and euphoric bullishness can be restored.
It may very well happen until, one day, it doesn’t; and the party comes to an end. That’s why I keep harping on you having an exit strategy in place. You may not need it for a while, but you’ll be glad you did once the day of reckoning arrives.
Over past week, we covered the following:
One Man’s Opinion: Was Bernanke’s Congressional Testimony More Of The Same?
New ETFs On The Block: Cambria Shareholder Yield ETF (SYLD)
ETF/No Load Fund Tracker Newsletter For Friday, May 24, 2013
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 5/23/2013
Stimulus Speculation Leads Equities Lower—Nikkei Does A Swan Dive
Did The Fed Just Kick-Off The Pullback?
7 ETF Model Portfolios You Can Use – Updated through 5/21/2013
Stocks Defend Gains Ahead Of Fed’s Outlook
Index ETFs Back Off Slightly On Lack Of News And Direction
ETFs/Mutual Funds On The Cutline – Updated Through 5/17/2013
Contact Ulli