[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. markets slid back into negative territory today as a response to the World Bank announcing its reduction of the global growth forecast from 3.2 to 2.8%. The selloff was broad, as every S&P 500 sector index (except energy) declined for the day. The World Bank has clarified that the looming …
A Calm Tuesday For The Markets; More Bad News From Radioshack
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks moved in both directions today with the Dow closing in positive territory while the S&P 500 finished just inside the red zone. The stock market has been on a slow and steady climb since April, and in recent weeks has been pushed by a number of encouraging economic reports. At present, …
I Would Like To Buy Three ‘As’ Please. Sorry, Better Luck Next Time
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets stayed in the green zone after a minimal amount of economic news to trade on and no major M&A announcements. All major indexes showed small gains for the day. There was a decent amount of news in the tech world today. Internet domain registration company GoDaddy finally pulled the trigger …
ETFs/Mutual Funds On The Cutline – Updated Through 06/06/2014
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 384 (last week 362) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will Growth In The Second Half Be Stronger?
The latest jobs report is positive as it shows the economy continues to heal though there is a lot of work that needs to be done, said Alan Krueger, a professor at the Princeton University and former chairman of the White House Council of Economic Advisers. There are longstanding problems that even predate the recession that need to be addressed. …
New ETFs On The Block: Powershares Multi-Strategy Alternative Portfolio (LALT)
Invesco PowerShares, the Illinois-based fourth-largest US provider of exchange-traded funds, has launched a multi-strategy, alternative portfolio in partnership with Morgan Stanley that focuses on enhanced risk-adjusted returns while lowering volatility. The PowerShares Multi-Strategy Alternative Portfolio (LALT) is likely to find favor with traditional stock/bond investors who wish to better manage volatility as interest rates begin to normalize in the US. …