[Chart courtesy of MarketWatch.com] Domestic stock markets surged to close at the highs of the day, marking the second-best single day gains year-to-date, on signs that the fiscal stalemate on Capitol Hill may be beginning to thaw. The Dow rocketed over 300 points while the market rally left the S&P 500 less than 2 percent away from its record closing …
There Is Light At The End Of The Tunnel
[Chart courtesy of MarketWatch.com] Domestic equities bounced off of session lows, rebounding from the benchmark index’s biggest two-day slump since June, with the Dow and S&P 500 gaining modest ground while the Nasdaq finished lower for a third day, pressured as investors sold this year’s winning tech stocks including Netflix and Fastenal. Traders were skeptically optimistic following the nomination of …
7 ETF Model Portfolios You Can Use – Updated through 10/8/2013
With the government shutdown now in its 9th day, with no apparent resolution in sight, the markets have become nervous with the S&P 500 giving back almost 2.5% since last week’s ETF Model Portfolio report. While our main directional gauge, the Domestic TTI, still remains on the bullish side of the trend line by +1.85%, this is as good a …
Major Index ETFs Drown In Fiscal Uncertainty
[Chart courtesy of MarketWatch.com] U.S. equities extended yesterday’s solid losses as a gauge of Wall Street anxiety hit its highest level in more than three months with equity markets showing growing concern over no indication of progress from lawmakers on budget and debt ceiling negotiations. A disappointing debt auction of one-month Treasury bills, which saw the rate almost triple the …
Stocks Dive Heading Into Second Week Of Shut Down
[Chart courtesy of MarketWatch.com] U.S. equities fell on Monday, extending two weeks of losses, amid the continued stalemate in Washington over a budget for the fiscal year, exacerbated by concerns surrounding the looming debt ceiling deadline. It was a poor start to the week for the equity market and the same thing could be said for politics in Washington. The …
ETFs/Mutual Funds On The Cutline – Updated Through 10/04/2013
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 321 (last week 315) are hovering in bullish territory. The second report includes only …