[Chart courtesy of MarketWatch.com] US equity markets started the second quarter on a cautious note, with two benchmark indexes retreating from record highs, after a closely watched manufacturing index declined unexpectedly in March. The Tempe, Arizona-based Institute for Supply Management’s factory index fell to 51.3 in March from 54.2 in February. Any reading above 50 signals expansion. At the same …
ETFs/Mutual Funds On The Cutline – Updated Through 3/28/2013
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 349 (last week 343) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/31/2013
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 3/31/2013. Despite the uncertainty and questionable outcome of the Cyprus debacle, the US markets only took a short breather before continuing their relentless match towards higher milestones. The S&P 500 finally hit pay dirt on …
One Man’s Opinion: Have Asset Bubbles Been Formed Already?
Asset markets are elevated because monetary policies are very active, says Ben Emons, Senior Vice President at PIMCO. Take last week. The Federal Reserve came out with a statement, which was very similar to previous statements and very much indicative that quantitative easing by far is not over. Similarly, if we look forward to next week, the comments coming from …
New ETFs On The Block: Market Vectors Treasury-Hedged High Yield Bond ETF (THHY)
Van Eck Global, the New York-based fund provider behind the Market Vectors ETFs, has rolled out the Market Vectors Treasury-Hedged High Yield Bond ETF (THHY). The fund seeks to exploit the income potential of below investment-grade US corporate bonds in low interest-rate environments, but hedges the interest rate risk through the use of Treasury notes. In other words, it’s an …
ETF/No Load Fund Tracker Newsletter For Friday, March 29, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03282013/ ———————————————————— Market Commentary Friday, March 29, 2013 S&P 500, DOW HIT RECORD HIGHS ON GDP DATA; EUROPE STOCKS UP FOR A SECOND MONTH US stock indexes closed higher, wrapping up a strong first quarter Thursday with the S&P 500 and the Dow industrials finishing …