[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, volatility continued to shake markets today as the S&P 500 fell 0.84%, the Dow dropped 1.06% and the Nasdaq declined 0.29%. It could have been a lot worse, as the Dow was down at one point by some 400 points. However, there were six stocks in the Dow that posted notable …
Rally Attempt Fails Miserably; But No Major Drops As Markets Run Out Of Time
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied early in the day, but the momentum faded by closing time as investors remained jittery about global economic growth, conflict abroad and now ebola at home. This could have ended up to be a negative day had time not run out. Ebola has had quite an impact on the human …
Downward Trend Accelerates; Domestic Sell Signal Generated
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks resumed their recent trend of spiraling downward to begin this week. A late-day selloff on Wall Street smashed hopes for a rebound rally after last week’s plunge, which pushed major indexes closer to a 10% correction. All major indexes slipped as the chart above shows. As a side note, this marked …
ETFs/Mutual Funds On The Cutline – Updated Through 10/10/2014
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 121 (last week 195) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Can The US Economy Grow At A Robust Pace Despite Global Weakness?
The International Monetary Fund recently slashed global growth forecast amid slowdown in Europe and weakness in Japan. But lackluster global growth is unlikely to snuff-out the US bright spot, said Rick Reider, chief investment officer for fixed-income at BlackRock Inc. The US economy is moving in a pretty robust fashion with energy and technology driving growth. A bottomed out housing …
New ETFs On The Block: Powershares Ladderite 0-5 Year Corporate Bond Portfolio (LDRI)
Invesco PowerShares, the IL-based fourth-largest US issuer of exchange-traded funds, recently launched a laddered-strategy bond fund that aims to preserve capital and generate consistent income in an uncertain interest-rate environment. The newly-launched PowerShares Ladderite 0-5 Year Corporate Bond Portfolio (LDRI) invests in corporate bonds with 5 years or less remaining to their maturity and qualifies as a strategic-beta fixed income …