[Chart courtesy of MarketWatch.com] 1. Moving The Markets Investors weren’t too thrilled by what they heard from Janet Yellen during her first meeting in charge of the Fed. U.S. stock markets backed off today amid worries that the U.S. Federal Reserve could end up raising interest rates as soon as the spring of next year. The greenback and U.S. Treasury …
Food…Get It While It’s HOT…And Cheap
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets continued their upward trend from Monday, as the chart above shows, with all major indexes ending on the plus side. The big news today included a surge in U.S. food prices on the horizon, Russia annexing Crimea, and a Microsoft swell to near-record levels not seen since 2000. The Wall …
Equities Back On Track As U.S. Data Remains Strong
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. equities climbed today, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown. The geopolitical tension had weighed on equities last week, with the S&P 500 falling …
ETFs/Mutual Funds On The Cutline – Updated Through 03/14/2014
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 361 (last week 364) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will Energy And Financial Services Drive US Growth Going Forward?
America’s potential GDP growth has been pegged at a dismal two percent, which could be unacceptable to many, including the US Fed. Aggregate supply-growth over time creates wealth, so if there’s less potential GDP, there’s less to share, which is a bad thing, said Vincent Reinhert, Chief US Economist at Morgan Stanley. Asked if Americans should learn to live with …
New ETFs On The Block: Cambria Global Value ETF (GVAL)
Mebane Faber’s Los Angeles, California-based Cambria ETF Trust and Cambria Investment Management LP launched its fourth exchange-traded fund recently, the Cambria Global Value ETF (GVAL). GVAL is a passively-managed strategic-beta fund and tracks the Cambria Global Value Index. The NYSE-Arca listed fund is comprised of 100 stocks from the world’s 11 most undervalued developed and emerging market countries, as determined …