Last month’s sell off has long been forgotten as the S&P 500 has now made up all of the losses occurred in August. Since last week’s Model ETF Portfolio report, the benchmark index not only added another 1.25% but also reclaimed its psychologically important 1,700 level. Right now, all eyes are off Syria and the focus is on the results …
Stock Indexes Quietly Advance Ahead Of Fed’s Decision
[Chart courtesy of MarketWatch.com] Amid a benign read on consumer price inflation and a report that showed homebuilder sentiment remains near an eight-year high, U.S. equities advanced on Tuesday on expectations the Federal Reserve will make only moderate changes to its stimulus at the conclusion of its two-day meeting. There wasn’t a whole lot of trading action as volume was …
Major Indexes Rise On Prospective Fed Chairman Summers Withdrawal
[Chart courtesy of MarketWatch.com] One uncertainty factor was removed from the markets today as prospective Fed Chairman Summers called it quits before a two-day Fed meeting scheduled to start tomorrow. The markets took this as a positive, and the rally was on. The Dow and S&P 500 gave back some of their early gains but managed to close solidly on …
ETFs/Mutual Funds On The Cutline – Updated Through 9/13/2013
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 310 (last week 297) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Are Emerging Markets Along With Europe Likely To Outperform Global Equities In The Future?
Emerging markets and Europe is the place to be for investors. They should play this call through broad-based index ETFs in emerging markets, said Hank Smith, chief investment officer at Haverford Trust. Emerging markets are the most underperforming area in what has been a bull run in equities globally and they will surely catch up, Hank observed. Asked if he …
New ETFs On The Block: Global X Next Emerging & Frontier ETF (EMFM)
Global X, the NY-based issuer of exchange-traded products famous for its niche offerings in international, income and commodity funds, is set to extend its reach in the developing markets with a pure-play equity strategy that combines both frontier and emerging markets. After the recent broad pullback in the emerging markets, ETF sponsors are obviously having a relook at their developing-market …