[Chart courtesy of MarketWatch.com] The Standard & Poor’s 500 Index extended its record level on Monday to kick-off the week. Stocks traded in a tight range and ended mixed but the Nasdaq outperformed again, thanks to another strong showing from Apple. During the session, the S&P 500 also reached an all-time intraday high of 1,619.77. In moderate volume which came …
ETFs/Mutual Funds On The Cutline – Updated Through 5/3/2013
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 354 (last week 343) of them are hovering in bullish territory. The second report …
05-05-2013
The ETF/No Load Fund Tracker Monthly Review—April 30, 2013 US Equities Extend Gains In April; Europe Hums Along US stocks finished April higher with the S&P 500 index posting its longest monthly winning streak since September 2009, as markets cheered corporate earnings and the Fed’s continuing monetary stimulus. Analysts believe the bull market, which entered …
Last Week In Review: ETF News And Blog Posts To 5/5/2013
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 5/5/2013. Wednesday’s modest sell off turned out to be only a brief interruption in the life of the bulls, as momentum shifted into high gear, supported on Friday by a better than expected jobs report, …
One Man’s Opinion: Do The Latest Jobs Numbers Reflect The Employment Scenario Accurately?
Markets have cheered the latest jobs report as payrolls came in better than expected at 165,000 in April and unemployment rate fell to 7.5 percent. The stock market rallied while the bond market witnessed a sellout Friday. Bond markets were pricing in a slowdown due to the federal spending cuts in the US and investors were mostly long bonds due …
New ETFs On The Block: First Trust Senior Loan ETF (FTSL)
First Trust Advisors, the Wheaton, Il-based money manager known for its niche strategies, has launched its fourth actively managed ETF. The First Trust Senior Loan ETF (FTSL) is expected to compete with the recently launched SPDR Blackstone/GSO Senior Loan ETF (SRLN). Debuted last month, SRLN is also actively managed and has already accumulated assets of more than $160 million. FTSL …