[Chart courtesy of MarketWatch.com] The longest rally in the Standard & Poor’s 500 Index (SPY) since January came to a halt today in the wake of a mixed bag of economic and earnings news. Tomorrow’s looming semi-annual testimony on Capitol Hill by Federal Reserve Chairman Ben Bernanke may also have contributed to a bit of caution on the Street. The …
My e-book: “How to beat the S&P 500…with the S&P 500” – version 1.1
In version 1.1 a few typos have been corrected and Chart 3 has been replaced as in the original the bottom portion had been inadvertently cut off. You can download the latest version for free here.
Bulls Open The Week With Lack Of Participants
[Chart courtesy of MarketWatch.com] An unexpected improvement in U.S. regional manufacturing activity, a rise in business inventories, and an inline 2Q GDP report out of China, was the U.S. equities neede to continue their gains to open the week. The Standard & Poor’s 500 Index (SPY) settled higher to mark its eight consecutive advance, the longest winning streak since January. …
ETFs/Mutual Funds On The Cutline – Updated Through 7/12/2013
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 304 (last week 263) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will The Fed Taper Asset Purchases In December?
We have to look at the minutes and the question-answer portion of his presentation that he gave a couple of hours later in Boston as part of the NBER summer institute separately, says Brian Jacobsen, Chief Portfolio Strategist at Wells Fargo Fund Management. When it comes to the minutes, there are two important things to look into. First, they were …
New ETFs On The Block: SPDR Russell 2000 ETF (TWOK)
State Street Global Advisors, the Boston, MA-based second largest issuer of exchanged-traded products with $328 billion in ETF assets, has launched the SPDR Russell 2000 ETF (TWOK). TWOK is a small-capitalization company focused equity fund and is set to rival the iShares Russell 2000 ETF (IWM) and the Vanguard Russell 2000 ETF (VTWO). TWOK tracks the Russell 2000 Index, arguably …