[Chart courtesy of MarketWatch.com] After trading in a narrow range through out the day, US index ETFs finished lower as investors turned negative following lackluster economic data and mixed earnings reports. Today snapped a string of record-high closes. The Dow Jones Industrial Average (DJIA) depreciated 42 points (0.3%) to 15,233, the S&P 500 Index was 8 points (0.5%) lower at …
Defying Negative Data
[Chart courtesy of MarketWatch.com] Despite disappointing US industrial production and regional manufacturing reports, the major domestic equity markets were able to continue their recent rally and finish the trading session higher. The Dow Jones Industrial Average added 60 points (0.4%) to 15,276, the S&P 500 Index was 8 points (0.5%) higher at 1,659, setting another record in nine of the …
7 ETF Model Portfolios You Can Use – Updated through 5/14/2013
And the beat goes on. After a slight breather on Monday, the major market ETFs took off again yesterday and set some new highs in the process. The S&P 500 gained +1.48% since last week’s ETF Model Portfolio report. Needless to say, it’s been equities all the way this year with bonds getting pushed aside while precious metals have been …
After A Breather, Bulls Hit Fresh All-Time Highs
[Chart courtesy of MarketWatch.com] Equities got back to their winning ways, notching solid gains amid optimism that the bulls still have room to run. The Nasdaq hit its highest level since November 2000 while the Dow Jones Industrial Average and Standard & Poor’s 500 Index hit fresh all-time highs. The Dow Jones jumped 124 points (0.8%) to 15,215, the S&P …
Bulls Take a Break in Quiet Session
[Chart courtesy of MarketWatch.com] Index ETFs kicked off the week with an orderly session, ended flat on Monday and pausing after hitting record highs last week. The market was once again unfazed by a strengthening U.S. dollar. The Dow Jones Industrial Average fell 27 points (0.2%) to 15,092, the Standard & Poor’s 500 Index was unchanged at 1,634, and the …
ETFs/Mutual Funds On The Cutline – Updated Through 5/10/2013
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 342 (last week 354) of them are hovering in bullish territory. The second report …