[Chart courtesy of MarketWatch.com] 1. Moving the Markets Financial markets have held up well so far this week after the attacks in Paris Friday that sparked global concern about the economic impact of terrorism. Stocks moved higher Wednesday after the release of the Fed minutes of October, as the Dow logged a third straight day of gains and the S&P …
Indexes Drag On Oil And Terror Fears
[Chart courtesy of MarketWatch.com] 1. Moving the Markets An early follow through rally from yesterday ran into resistance despite strong earnings from Wal-Mart and Home Depot. Falling oil prices and the evacuation of a soccer stadium in Germany, rekindling more terror fears, proved to be too much of a negative. Other data offered a mixed view of the U.S. economy …
Markets Bounce Back After Shaky Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets I received a number of emails from readers over the weekend being glad to be out of the market especially in view of the sudden tragic events in France. The general theme was that the indexes would take another hit, but that was not to be. While the futures pointed to a …
ETFs/Mutual Funds On The Cutline – Updated Through 11/13/2015
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 381 ETFs, of which currently 22 (last week 97) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Is There A Strong Disconnect Between High-Yield Valuations And Fundamentals?
The Fed is expected to hike rates in December as the stars have aligned over the past few weeks: the Fedspeak, the economic data and markets are all priced-in and well anticipated and nobody would be surprised, said John Bellows of Western Asset Management. But the bigger question remains what would drive long-term bond yields and it’s unlikely a 25 …
New ETFs On The Block: ProShares S&P 500 Ex-Sector ETFs
Investors that believe in passive investment strategies by replicating the broader US market – the S&P 500 index – may not be very happy about the market’s performance year-to-date. Relentless worries over global growth, be it China, Japan, Europe or the emerging markets, the index got hammered several times this year. Empirical data show severe downturn even in one sector …