While the markets staged a broad sell off last Thursday, the losses were quickly recovered on Friday as the dip buying crowed stepped in and pushed the indexes back to their previous highs. In the end, a week after the latest model ETF portfolio report, the major indexes are barely changed as new talk of reducing the QE stimulus program …
Taper Worry Is Back On
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes meandered with the Dow coming off its record high as worries about the Fed reducing its stimulus program sooner rather than later. Atlanta Fed president Lockhart threw the fly in the ointment by proclaiming that the central could cut back its bond buying program as soon as December while …
The Dow Makes Us Bow Again
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow Jones has exceeded expectations once again as it rose to another all-time high today. It seems investors are “hanging 10” on the wave of momentum that the surprisingly strong U.S. jobs report created last Friday. This is a hard pill to swallow as we near year-end, because all-time highs like …
ETFs/Mutual Funds On The Cutline – Updated Through 11/8/2013
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 322 (last week 332) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will US Growth Will Pick Up Next Year?
The economic recovery will not be as good as it has been historically after recessions, but the economy will do better than what it has done recently, said Maury Harris, managing director and chief US economist at UBS. There have been a number of problems that have been holding back growth and probably won’t be as harmful next year. From …
New ETFs On The Block: Wisdomtree’s Germany Hedged Equity ETF (DXGE)
While the eurozone is still struggling with high joblessness and shrinking economies, Germany, the European Monetary Union’s largest economy, continues to amaze by remaining competitive and notching up respectable growth quarter-on-quarter. Exports, which contribute more than 50 percent of German economic output, is likely to benefit further going forward from a broader global recovery. WisdomTree, the New York-based exchange-traded fund …