[Chart courtesy of MarketWatch.com] The winning streak came to an end on Thursday, as major U.S. indices closed the trading day in negative territory with currency exchange rates grabbing headlines. The market did overcome early morning lows in the wake of some mixed economic data from both sides of the pond. The Dow Jones Industrial Average was 22 points lower …
Sell in May? Not in This Bull Market… Not Yet
[Chart courtesy of MarketWatch.com] The market was able to overcome early losses, and closed the trading day higher, supported by China posting a wider-than-projected trade surplus and an unexpected rise in industrial production out of Germany. Both the Dow and S&P posted new closing highs. The gains came a day after the Dow closed above 15,000 for the first time …
7 ETF Model Portfolios You Can Use – Updated through 5/7/2013
No news is good news, good news is good news and bad news is good news; that’s what it would seem like to an outside observer of the markets. And there is a lot of truth to it, as we no longer have true economic realities represented by the major market indexes. As I posted many times, the almighty Fed …
Nothing To Slow It Down; Bulls Push Dow Above 15,000
[Chart courtesy of MarketWatch.com] Stocks continued their winning streak Tuesday as the Nasdaq and the Standard & Poor’s 500 Index logged their 11th up day in the past 13 sessions. The blue chip Dow Jones industrial average rose 0.6% (87 points) to 15,056, closing above the 15,000 mark for the first time ever, the S&P 500 Index increased 8 points …
SPY Closes At Record Again On Lack Of Positive News
[Chart courtesy of MarketWatch.com] The Standard & Poor’s 500 Index extended its record level on Monday to kick-off the week. Stocks traded in a tight range and ended mixed but the Nasdaq outperformed again, thanks to another strong showing from Apple. During the session, the S&P 500 also reached an all-time intraday high of 1,619.77. In moderate volume which came …
ETFs/Mutual Funds On The Cutline – Updated Through 5/3/2013
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 354 (last week 343) of them are hovering in bullish territory. The second report …