[Chart courtesy of MarketWatch.com] U.S. equities moved higher for a fourth-consecutive day on Tuesday amid optimism companies will report better-than-forecast earnings for the second quarter after Dow member Alcoa bested the Street’s earnings forecasts. Investors are betting that companies will be able to surpass the low bar set for earnings season, leaving room for better-than-expected results that could drive the …
Bulls In Charge For 3rd Day—S&P 500 Nears All Time High
[Chart courtesy of MarketWatch.com] U.S. equities began today on a positive note, as last week’s upbeat U.S. labor report along with the start of corporate earnings season fueled increased optimism about growth in the world’s largest economy. It helped ease concerns about rising interest rates and the increased likelihood that the Fed will begin tapering its asset purchases. Stocks registered …
ETFs/Mutual Funds On The Cutline – Updated Through 7/5/2013
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 263 (last week 263) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will ECB’s Draghi Have To Put His Money Where His Mouth Is?
European leaders have claimed the currency zone has moved out of crisis umpteen times in the past, only to be proven wrong later. The situation can be compared to a volcano that has lied dormant for a while only to become active all of a sudden, says Michael Hewson of CMC Markets. About a year ago European Central Bank President …
New ETFs On The Block: Egshares Emerging Markets Dividend Growth ETF (EMDG)
Emerging Global Advisors, the NY-based specialist ETF issuer known for its suite of emerging markets funds, has announced the launch of the EGShares Emerging Markets Dividend Growth ETF (EMDG), the second dividend fund after the EGShares Low Volatility Emerging Markets Dividend ETF (HILO). The ETF, unveiled on Monday and listed on the NYSE Arca, gives investors exposure to developing market …
07-05-2013
ETF/No Load Fund Tracker Newsletter For Friday, July 5, 2013 ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07032013/?preview=true ———————————————————— Market Commentary Friday, July 5, 2013 JOB DATA CHEERS BULLS—BOND ETFS TANK AS INTEREST RATES SPIKE After a holiday break yesterday, the major U.S. averages entered the weekend on a positive note. After …