[Chart courtesy of MarketWatch.com] 1. Moving The Markets Shoppers spent less over the Thanksgiving weekend and that weighed on stocks Monday. While they turned out in record numbers in the four days ending Sunday they plunked down less cash than they did last year. It was the first decline in Thanksgiving weekend spending since a retail trade group began tracking …
ETFs/Mutual Funds On The Cutline – Updated Through 11/29/2013
ETFs/Mutual Funds On The Cutline – Updated Through 11/29/2013 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 332 (last week 340) are …
One Man’s Opinion: Will Equities Move Higher Until The Fed Starts To Raise Rates?
Janet Yellen is expected to be confirmed as the next head of the Federal Reserve, and the US employment number is her main concern. She has made it adequately clear that she’s single-mindedly focused on jobs and not really concerned about the inflation aspect or any other data point, said David Robin, managing director and co-head of financial futures and …