[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks bounced back into record territory today after the GOP (Republican Party) regained control of the U.S. Senate for the first time in eight years. The S&P 500 gained 0.6% to close at an all-time high of 2,023.57. The Dow also gained 0.6% and closed at a record high of 17,484.53. The …
Falling Oil Prices Drag Markets Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed mostly lower today, primarily driven by falling oil prices and renewed fears of a global economic slowdown. The S&P 500 dropped 0.29%, the Nasdaq fell 0.32%, while the Dow gained 0.10%. Oil prices fell to a three-year low as Saudi Arabia cut prices of crude exported to the U.S. A …
Out With October Scares And Into November We Go
[Chart courtesy of MarketWatch.com] 1. Moving the Markets October, the spooky, volatile month best known for stock market crashes, is finally over after giving investors a brief, frightful scare. However, stocks retreated slightly today as oil prices tumbled more than 2% to below $79 a barrel. The S&P 500 dropped 0.01%, the Dow fell 0.1% and the Nasdaq squeezed out a slight …
ETFs/Mutual Funds On The Cutline – Updated Through 10/31/2014
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 410 ETFs, of which currently 287 (last week 210) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Do US Bond Yields Reflect A Deflationary Global Environment?
The Japanese economy is growing at less than 1 percent while annual inflation rate is hovering around a paltry 1.2 percent. The Bank of Japan wants to go all in, which explains the BoJ’s latest decision to launch an open-ended QE, said Mark Kiesel, chief investment officer of global credit at Pacific Investment Management Co. The central bank will continue …
New ETFs On The Block: Arrow DWA Tactical ETF (DWAT)
Arrow Investment Advisors, the Maryland-based advisor to Arrow Funds known for its offerings of open-ended tactical and alternative mutual funds, expanded its exchange-traded funds lineup with the launch of the Arrow DWA Tactical ETF (DWAT). The go-anywhere actively managed fund seeks long-term capital appreciation while preserving capital and aims to achieve its investment objective based on the proprietary Dorsey Wright …