[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wall Street closed in the red on Wednesday as traders responded to slightly more hawkish-than-expected minutes from the Federal Reserve. Many members of the Federal Reserve’s policy-setting committee said they could see the central bank trimming its $85-billion-a-month bond-buying program at ‘one of its next few meetings,’ minutes from the October meeting …
7 ETF Model Portfolios You Can Use – Updated through 11/19/2013
At this very moment, nothing seems to be able to stop the run of equities. Since last week’s ETF portfolio report, the S&P 500 managed to climb above the 1,800 milestone marker on an intra-day basis, and added 1.13%. What everyone expects to happen, such as the markets tanking either during September/October, did not take place as the indexes rallied …
JP Morgan Strikes Deal With U.S. Govt. Maybe They Can Pay In Bitcoins?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended lower as investors digested a mixed batch of retail earnings reports and benchmark indexes struggled to surpass major milestones. However, a recovery in the U.S. housing market helped Home Depot top profit and sales estimates for the third quarter, prompting the No. 1 home improvement chain to raise its fiscal-year outlook …
The Bull Market Remains Charging Forward
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Many spectators held their breath today as both the S&P and Dow both strained to reach their all-time highs of 1,800 and 16,000 respectively. But alas, neither index could hold on to the mighty achievements as both eventually dropped to 1,791 and 15,976. Still, the Dow and S&P 500 are up more …
ETFs/Mutual Funds On The Cutline – Updated Through 11/15/2013
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 339 (last week 322) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Does A Dovish Fed Make Life Difficult For The European Central Bank?
One could expect the Federal Reserve chair nominee Janet Yellen to very much explain the Fed policies because she has been the Fed vice-chair for the last two years. She has very much bought into the strategies being pursued by Bernanke said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce. That pretty much boxes analysts into …