[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stock indexes ended up pretty much where they started on Thursday, a day after a powerful surge. It seems financial markets were still digesting the Fed’s move on Thursday. While stocks were holding close to record levels, Treasury yields climbed, the dollar rose and gold slumped to its lowest in more …
Positive Signs From The Fed Power Market Rally
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks surged Wednesday, lifting the Dow Jones industrial average nearly 300 points, after the Fed decided it was time to start modestly scaling back its program designed to boost America’s growth along with the stock market. The central bank cited a stronger jobs market and an improving economy. This has largely been …
Stocks Remain Idle; Facebook To Sell Video Ads
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks were flat on Tuesday, with investors reluctant to make big bets before results of the latest Federal Reserve policy-setting meeting, which could give some clarity as to when the central bank will begin trimming its stimulus. The CBOE Volatility index VIX, a measure of investor anxiety, dipped 0.9 percent. Earlier, …
SPY Snaps 4-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The bulk of today’s advance occurred shortly after the open as the Dow, Nasdaq, and S&P 500 notched their highs during the initial 30 minutes. Despite today’s gain, the benchmark index remains lower by 1.1% in December. The energy sector (+1.0%) displayed strength from the open after its largest component, Exxon Mobil …
ETFs/Mutual Funds On The Cutline – Updated Through 12/13/2013
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 320 (last week 334) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will Investors Have To Focus On Cyclical Sectors In 2014?
Investors in 2014 need to rotate from some of the defensive parts of the equity market into some of the more cyclical, said Andrew Goldberg, Global Market Strategist at JP Morgan Asset Management. One of the things that JP Morgan keeps track of is the number of countries who have a PMI (purchasing managers’ index) above 50, i.e. manufacturing and …