[Chart courtesy of MarketWatch.com] 1. Moving the Markets The first month of 2015 was not kind to stocks. Based on the S&P 500 performance, stocks were 3% lower. January has been known for setting the tone for the rest of the year, but fear not, because the markets tend to do well in February given that they have gained an …
ETFs/Mutual Funds On The Cutline – Updated Through 1/30/2015
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 196 (last week 244) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will Earnings Expectations Be More Moderate This Year?
A hike in interest rates may not happen in the US this July though that probably remains the appropriate policy move, said David Joy, chief strategist at Ameriprise Financial. Ameriprise expects the US economy to grow by 3 percent in 2015, which justifies the beginning of a liftoff; but whether that happens in June or July remains to be seen. …