[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied Wednesday afternoon with the Dow gaining 140 points on the day, after the Federal Reserve kicked off its long-awaited 2-day policy meeting on interest rates. In one of the most important Fed meetings in recent times, economists and analysts alike are divided on whether the Fed will move forward to …
Markets Shine Before Fed Meeting
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. indexes all gained over 1.10%, just a day ahead of the start to a crucial Federal Reserve policy meeting. Fed policymakers will convene Wednesday and Thursday to decide whether or not to raise interest rates for the first time in close to a decade. Industrial stocks led the pack of gainers …
Wall Street Remains Hesitant Pending Fed Meeting; Stripe Making Headway For Mobile Payments
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks slipped a tad as nervous investors looked ahead to a crucial Federal Reserve decision on whether to raise interest rates. Nine of the ten S&P sectors closed lower today, with the materials and energy sectors leading the decliners. You can probably guess who the lone gainer was: Utilities. Utility stocks have …
ETFs/Mutual Funds On The Cutline – Updated Through 09/11/2015
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 383 ETFs, of which currently 24 (last week 11) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will US Equity Markets See Further Drops In The Short Term?
The stock markets in the US clearly show elevated volatility as the swings have now extended into the third week, said Jonathan Corpina of Meridian Equity Partners. One of the most important things that investors need to learn is to live with is the heightened uncertainty and volatility because this is the “new normal.” Economic growth has not been very …
New ETFs On The Block: Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT)
Following WisdomTree’s “go anywhere” fund UBND’s (WisdomTree Western Asset Unconstrained Bond ETF) launch in June, Hartford, Conn-based Virtus Investment Partners entered the exchange-traded fund industry by debuting a similar product recently. The newly launched Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT) has been launched in partnership with their party manager Newfleet Asset Management, a wholly-owned affiliate of Virtus. Virtus’ actively-managed …