[Chart courtesy of MarketWatch.com] US stocks climbed today, sending the Standard & Poor’s 500 index within two points of its all-time closing high and lifting the Dow to yet another record high, after government data showed jobless claims dropped unexpectedly last week to the lowest level in almost two months in a sign the economy is expanding. Earlier in the …
Dow Records Longest Winning Streak Since 1996 On Retail Sales; Europe Lower On Data, Italy Auction
[Chart courtesy of MarketWatch.com] Domestic equities rose marginally with the Dow Industrials capping its longest wining streak since 1996 after data showed retail sales increased in February the most in five months, bolstering confidence in the world’s largest economy. Economic numbers from Europe dampened sentiment before markets opened today. Data released by the EU statistics office showed industrial production fell …
7 ETF Model Portfolios You Can Use – Updated through 3/12/2013
More of the same as the equity index ETFs were pushed into the nosebleed section with the S&P 500 gaining seven days in a row before surrendering a jaw dropping 4 points yesterday. Nevertheless, this benchmark is within striking distance of following the Dow by taking out its 2007 high. So far, this has not been the year of bond …
Stocks Close Mostly Lower, But Dow Hits Record; European Stocks End Flat
[Chart courtesy of MarketWatch.com] US stocks closed mostly lower Tuesday as the S&P 500 snapped a seven day winning spree, but the blue-chip Dow Industrials staged a late-session turnaround to finish at a record high for the sixth straight day. Meanwhile, amid the continuing saga of Washington’s budget wars, House Republicans introduced a plan to cut the deficit to $528 …
Index ETFs Continue Record Run As S&P Nears Record High; Europe Eases On Italy
[Chart courtesy of MarketWatch.com] US indexes continued their record run Monday with the S&P 500 rising within nine points of the all-time high, while a gauge of market volatility slipping to the lowest level in six years as banks rallied and Apple Inc gained. Stocks tumbled earlier after National Bureau of Statistics data showed Chinese industrial output grew 9.9 percent …
ETFs/Mutual Funds On The Cutline – Updated Through 3/8/2013
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 344) of them are hovering in bullish territory. The second report …