[Chart courtesy of MarketWatch.com] The Dow and S&P 500 Index continued their recent upward drive, amidst easing concerns over possible U.S.-led military action against Syria, while the Nasdaq closed lower as Apple Inc’s biggest decline since April weighed on the index. The Standard & Poor’s 500 Index advanced to a one-month high, the seventh straight winning session. Market nervousness abated …
7 ETF Model Portfolios You Can Use – Updated through 9/10/2013
As the chances of an engagement in Syria became less threatening, the markets did a turnaround, after having slid towards a possible bearish break of the domestic trend line. That did not happen, and the major indexes picked up steam with the S&P 500 gaining +2.68% since last week’s model ETF portfolio report. Despite the ongoing volatility, low volatility ETFs, …
Bulls Win For 6th Straight Day
[Chart courtesy of MarketWatch.com] Amid more upbeat global economic news and concerns over a U.S.-led strike on Syria continuing to wane, U.S. equities closed with solid gains as the S&P 500 advanced for the sixth straight session. Chinese economic data showed stronger-than-anticipated reads on industrial production, retail sales and lending activity, while Syrian Foreign Minister announced that the country has …
China Helps Nasdaq To End At Highest Since 2000
[Chart courtesy of MarketWatch.com] Global economic optimism, courtesy of a stronger-than-expected read on Chinese August exports and a sharp upward revision to Japan’s 2Q GDP growth, helped to propel stocks to start the week. U.S. markets closed sharply higher on Monday, with the Nasdaq ending at its highest level since September 2000. Sentiment was also lifted by merger activity and …
ETFs/Mutual Funds On The Cutline – Updated Through 9/6/2013
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 297 (last week 272) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Should The Government Wind Down Freddie Mac And Fannie Mae?
Fannie May and Freddie Mac are still supported by the tax payer, but progress is being made as Congress is debating on how to get the government out of the mortgage business. However, Fannie and Freddie are now making money and putting in billions of dollars in the coffers that the government used to bail them out in the first …