[Chart courtesy of MarketWatch.com] Domestic equity markets continued the recent downward trend with trading volumes about 22 percent below the 100-day average. Earnings season is winding down and economic indicators present a mixed view, complicating predictions of the Fed’s next policy action. Mixed economic data has led to heightened anxiety that the Federal Reserve may begin to taper its asset …
7 ETF Model Portfolios You Can Use – Updated through 8/13/2013
After conquering the 1,700 marker for the S&P 500, we slipped again below it and meandered aimlessly for most of the week. The S&P 500 gave back 3 points since last week’s portfolio report. This sideways pattern does not surprise me as earnings season has come to an end and recent economic reports have not been overpowering in content, so …
Major Market ETFs Finally Halt Multi-Day Slide
[Chart courtesy of MarketWatch.com] U.S. equities finished strong in a volatile session on Tuesday, as investors weighed a lackluster domestic retail sales report and tepid small business optimism with better-than-expected reports from across the Atlantic. Treasuries finished lower following the US data; gold saw pressure, while crude oil prices and the US dollar moved higher. Below-average volume has persisted through …
Slippage Continues
[Chart courtesy of MarketWatch.com] The major market ETFs began the trading week in limbo, giving the Standard & Poor’s 500 Index its fifth drop in six sessions, as an empty economic calendar and news on the equity front failed to inspire investors. A weak read on 2Q GDP out of Japan became a little dark cloud early on, as markets …
ETFs/Mutual Funds On The Cutline – Updated Through 8/9/2013
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 302 (last week 301) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will The Chinese Economy Send Shock Waves In Future?
Latest data from China showed CPI had been broadly stable, while industrial production data held its ground and came in stronger than most economists had forecast, suggesting there’s still quite some momentum left in the Chinese economy, said Julian Callow, chief international economist at Barclays Plc. Industrial production was up 9.7 percent year-over-year in July, which is rather encouraging and …