[Chart courtesy of MarketWatch.com] U.S. equity ETFs returned to a more desirable direction today, snapping their first three-day losing streak of the year, as stocks got back to their winning ways in the face of the lingering uncertainty regarding global central bank stimulus and the World Bank delivering a downgraded economic growth outlook. The Dow Jones Industrial Average advanced 181 …
Pull-Back Is Gaining Momentum
[Chart courtesy of MarketWatch.com] Despite an early rally following upbeat European economic data, the major averages were unable to hold their flat lines past the opening 90 minutes, reversed course to close lower for a third-straight trading day. The Standard & Poor’s 500 Index spent the entire day in a steady decline as minor bounces were met with aggressive selling. …
7 ETF Model Portfolios You Can Use – Updated through 6/11/2013
Another volatile five trading sessions, but the week ending rally saved the day as the S&P 500 only lost 0.31%. Uncertainty about the Fed’s possible tapering continued, while interest rates are inching higher wreaking havoc with some of the bond ETFs. Even VNQ was hit hard, triggered our trailing sell stop and was sold on 6/5/13. So far, equity indexes, …
All Red—All Day
[Chart courtesy of MarketWatch.com] Stocks slid in a volatile session today, followed the global concerns surrounding the limits of additional stimulus from central banks from around the world. Major indexes fell more than 1 percent after the open but shaved most of the losses by midday to flirt with positive territory, only for the selling to resume towards the session’s …
No Convictions—Markets Slip In Quiet Session
[Chart courtesy of MarketWatch.com] Major market index ETFs had an up and down Monday as they moved above and below the flat line in choppy action, finishing mixed and nearly flat, as a plethora of divergent global economic data and an empty domestic docket met an upgrade of the U.S.’ credit rating outlook by Standard & Poor’s. The market did …
ETFs/Mutual Funds On The Cutline – Updated Through 6/7/2013
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 313 (last week 316) of them are hovering in bullish territory. The second report …