[Chart courtesy of MarketWatch.com] U.S. equities fought off early pressure but retreated at the end, giving benchmark indexes their first back-to-back drops in one month. The exacerbated concerns over the possible scaling back of asset purchases by the Federal Reserve along with disappointing Chinese manufacturing data were just too much to overcome. The Dow Jones Industrial Average lost 12 points …
Did The Fed Just Kick-Off The Pullback?
[Chart courtesy of MarketWatch.com] US equity markets staged a harsh downside reversal Wednesday and closed the trading day lower in the wake of the remarks from Fed Chairman Ben Bernanke and minutes from the recent policymakers meeting that sparked fears of less easing in the near future. The Dow Jones Industrial Average lost 80 points (0.5%) to 15,307, the S&P …
7 ETF Model Portfolios You Can Use – Updated through 5/21/2013
The pace of upward momentum definitely slowed last week, but the major averages managed to eke out a gain nonetheless with the S&P 500 adding some 1.2%. On the bearish side, the precious metals continued their wild ride to the downside, interrupted by short violent rebounds, which did not have enough strength to reestablish the bullish tendencies of the past …
Stocks Defend Gains Ahead Of Fed’s Outlook
[Chart courtesy of MarketWatch.com] Another record day as the Dow and the S&P 500 closed at new all-time highs. Markets got a leg up due to stronger-than-expected earnings and guidance from Dow member Home Depot, and further amplified by comments from two Federal Reserve officials that suggested that the Central Bank hasn’t yet set a course to taper its bond-buying …
Index ETFs Back Off Slightly On Lack Of News And Direction
[Chart courtesy of MarketWatch.com] The markets started the week lower, by and large there just wasn’t a lot of conviction on the part of either buyers or sellers. Amid a dormant economic calendar, stocks spent time on both sides of the flat line, but never put a whole lot of distance between themselves and that point for most of the …
ETFs/Mutual Funds On The Cutline – Updated Through 5/17/2013
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 341 (last week 342) of them are hovering in bullish territory. The second report …