[Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market broke its three-day losing streak today, although markets are still looking fatigued since last Friday. The S&P 500 gained 0.77%, the Dow recouped 0.9% and the Nasdaq rose 1.03%. Investors still seem to remain cautious about conflicts abroad in the U.K., Ukraine and Middle East, however, positive results that …
Another Day In The “Red” For Domestic Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks continued falling today after weaker than expected Eurozone data send European markets downward in addition to news that the U.S. commenced airstrikes against ISIL in Syria. All major indexes fell. Today, we received news that Bed Bath & Beyond’s (BBBY) second quarter profit numbers exceeded Wall Street expectations. The company reported …
Stocks Stumble Out Of The Gate To Start Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the stock market did not start the week with a bang by any means. The Dow dropped 0.6% from its record close on Friday, the S&P 500 fell 0.8% and the Nasdaq plunged a whopping 1.1%. A disappointing home sales report also added to the negative tone on Wall Street today. …
ETFs/Mutual Funds On The Cutline – Updated Through 09/19/2014
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 306 (last week 318) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Does Low Inflation Give The Fed More Time To Improve The Employment Rate?
The Federal Reserve is likely to raise interest rates in June 2015 as economic data has been pretty soft in the last few weeks, said David Joy, chief market strategist at Ameriprise Financial. However, eventually, markets are likely to witness a 10 percent correction in anticipation of a rate hike, possibly by the end of the year, David added. Latest …
New ETFs On The Block: ProShares MSCI EAFE Dividend Growers ETF (EFAD)
ProShares, the Maryland-based largest US provider of alternative exchange-traded funds, recently expanded its line-up of non-inverse and non-leveraged ETFs with the launch of the ProShares MSCI EAFE Dividend Growers ETF (EAFD). The new passively-managed income-oriented fund invests in developed-market stocks that have a solid history of growing dividend payouts, thus potentially offering investors another option to boost returns in a …