[Chart courtesy of MarketWatch.com] 1. Moving the Markets In the international realm, investors appeared to take a sideline approach as eurozone finance ministers gathered in Brussels to discuss debt-strapped Greece. The fate of cash-strapped Greece, which has become front-page news as its new anti-austerity government looks to get bailout concessions from its eurozone creditors, could become clearer as an emergency …
Stocks Snap Losing Streak; Apple Now Worth $700 Billion
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks broke out of a two-day losing streak today as the S&P 500, Dow and Nasdaq all gained. The Dow got a boost today from a strong earnings report posted by Coca-Cola (KO). Coke topped earnings-per-share expectations by 2 cents on better-than-expected revenue of $10.87 billion. Shares of the stock jumped up …
The World Drags Down Domestic Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Concerns about the world economy dragged U.S. stocks lower on Monday with worries mounting over Greece’s standoff with its creditors. Greece’s defiant new government is waging a high-stakes poker game with its European lenders it seems. These games could go on forever though, as we all know. According to Barclays, risk assets, …
ETFs/Mutual Funds On The Cutline – Updated Through 02/06/2015
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 253 (last week 196) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Have Markets Started To Believe Zero Interest Rate Is Normal?
The latest US jobs report showing 257,000 nonfarm jobs being created in January has been extremely positive. It shows a higher participation rate along and less-sluggish wage growth, indicating a more inclusive recovery, said Mohammad El-Erian, former CEO of PIMCO and a Bloomberg View columnist. The latest report showed wages grew 2.2 percent year-over-year while the month-over-month wage-growth was the …
New ETFs On The Block: Valueshares International Quantitative Value ETF (IVAL)
ValueShares, the Broomall, Philadelphia-based exchange traded fund issuing-arm of money-management firm Alpha Architect LLC recently launched the international version of its earlier US-focused “quantitative value” ETF. The newly launched ValueShares International Quantitative Value ETF (IVAL) is an actively-managed fund that seeks to invest in high-quality international value stocks trading at a discount. Founded by former Drexel University finance professor Wesley …