The Central Bank continues to dominate the economy of not just the US but globally, said Eric Wiegand, portfolio manager at US Bank. (There has been) a break from the trajectory that was witnessed previously; at least the US has the certainty of one rate-hike behind it. The debate over the number of increases as the economy moves through 2016 …
New ETFs On The Block: SPDR S&P 500 High Dividend ETF (SPYD)
State Street Global Advisors (SSgA), a unit of State Street and the asset manager behind the iconic SPDR S&P 500 ETF (SPY), recently launched an equity fund dedicated to tracking the performance of the biggest dividend paying stocks listed in the US. The newly minted SPDR S&P 500 High Dividend ETF (SPYD) targets the top dividend payers in the S&P …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/24/2015
ETF/Mutual Fund Data updated through Thursday, December 24, 2015 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 11/13/2015 Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) …
Holiday Posting Schedule
With today’s shortened uneventful market session, there won’t be a commentary. I will publish Thursday’s StatSheet sometime this coming Saturday along with the “New ETF’s on the Block” series. Sunday will feature the usual “One Man’s Opinion” piece, and Monday morning I will resume with “ETFs on the Cutline.” In the meantime, I wish you a very Merry Christmas and …
Gaining For The Third Day On A Rebound In Oil
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Again, jumping oil prices were the driving force behind today’s rally as the indexes managed to extend gains for the third day in a row almost wiping out the “post interest rate” losses of last week. Global crude prices soared after inventory dropped an unexpected 5.9 million barrels last week reviving hope …
Crude Oil Bounces And Pushes Indexes Higher
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Finally, crude oil showed some signs of life by bouncing off its multi-year lows and gaining 1% for the day. The effect on the major indexes was a positive one as they got pulled higher along with all 10 S&P sectors despite the plunge in existing home sales (-10.5%). Still, extreme December …