[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P 500 returned to its record-setting ways, notching its 28th record close of the year, building on a powerful bull run that began more than five years ago. The S&P 500 gained 0.3%, the Dow rose 0.4% but the Nasdaq barely stayed above water gaining 0.1%. One of the primary market …
Equities Stay Above Water Amidst Mixed Messages From Fed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied late in the day, which pushed the S&P 500 to close a third straight day in positive territory and finish just short of its all-time high. The S&P 500 gained 0.3%, the Dow rose 0.4%, however, the Nasdaq fell from grace to close down 0.03%. A large portion of headlines …
Markets Continue To Rally On Housing Data And Apple’s $100 Mark
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Domestic markets continued to rally today on dissipating geopolitical fears, strong earnings and upbeat housing data. The S&P 500, Dow and Nasdaq all gained as the chart shows. On the economic front, housing starts surged 15.7% in July and inflation remained minimal. Housing related stocks capitalized on the strong data, and companies …
Tensions Ease Abroad; Airline Stocks “Take Off”
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were back in full swing, as the Dow surged 175 points and the Nasdaq hit a 14-year high. The S&P 500 gained 0.9%, the Dow climbed 1.1% and the Nasdaq gained 1%, which marked a fourth straight session of gains. The buzz around the networks attributed bullish sentiment today on the …
ETFs/Mutual Funds On The Cutline – Updated Through 08/15/2014
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 325 (last week 297) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Are Emerging Markets In Europe And Asia Looking Attractive?
Investors need to look at the balance between the current uncertainty and the opportunity amidst heightened geopolitical risks, said Brain Jacobsen, Chief Portfolio Strategist at the Wells Fargo Advantage Funds. It’s all about knowing the risks that are out there and whether investors are being compensated for them. A lot of current risks are being driven by the situation between …