[Chart courtesy of MarketWatch.com] U.S. stocks ended mixed with the Dow industrials and the S&P 500 staying close to record intraday highs in a tight trading range, as the unexpected contraction in regional manufacturing activity and the plethora of divergent earnings reports left traders on the fence. SPY fell, halting a streak of four straight gains. Overseas, investors increased speculation …
SPY’s Third Consecutive Record Closing High
[Chart courtesy of MarketWatch.com] The major U.S. equity indices closed the trading day with modest gains after housing data and earnings from companies including McDonald’s Corp. fueled speculation stimulus would continue. Investors have increasingly turned to stocks this month, as U.S. equity ETFs are receiving money at the fastest rate since September 2008. On the flip side, this will end …
ETFs/Mutual Funds On The Cutline – Updated Through 7/19/2013
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 309 (last week 304) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Has Poor Communications And Lack Of Pragmatic Response From The Fed Caused The Present Uncertainty?
In his latest congressional testimony and the following Q&A session, Federal Reserve Chairman Ben Bernanke tried to distinguish between tapering and tightening and underlined the degree of conditionality that really relates to tapering, says Jeremy Stretch, Head of Currency Strategy at the Canadian Imperial Bank of Commerce. Bernanke has managed to outline the difference between tapering and tightening relatively well …
New ETFs On The Block: Ishares MSCI USA Quality Factor ETF (QUAL)
As investor euphoria over equities scaling new highs and bullish price action remain the dominant theme on Wall Street, iShares has moved in fast to take advantage of market sentiment. The exchange-traded products arm of BlackRock Inc. has launched a US equities-ETF that rounds out the factor-based funds the firm launched earlier this year and adds to its impressive portfolio …
07-19-2013
ETF/No Load Fund Tracker Newsletter For Friday, July 19, 2013 ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07182013/ ———————————————————— Market Commentary Friday, July 19, 2013 TECH GIANTS DRAG STOCKS TO MIXED ENDING On the heels of the Dow and S&P setting new highs yesterday, the U.S. equity markets experienced a lackluster trading …