[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets still could not find much footing and continued to slip for the second day, although it could have been a lot worse. In the humor department (it’s April Fool’s day after all), the sucker of the day award has to go to the High Frequency Trading algos, who swallowed the …
A Rough Landing To End Q1, But A New Month Is Coming
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As I mentioned two days ago, March has never been a predictable month historically. Volatility remained in full force again today as stocks tumbled amidst a major sell-off that saw the Dow drop 200 points. The good news is, that the S&P 500 and Nasdaq were able to manage their negative hits …
Stocks In Rally Mode
[Chart courtesy of MarketWatch.com] 1. Moving the Markets For the second day in a row, the major indexes closed higher, but today the gains were solid as, after a strong opening, stocks never looked back and managed to add to their early gains. Helping matters were reports from China over the weekend that the PBOC saw “more room” for accommodating …
ETFs/Mutual Funds On The Cutline – Updated Through 03/27/2015
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 266 (last week 292) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will The US Fed Introduce Some Amount Of Uncertainty Into The Markets?
The US Fed in its statement last week said it hasn’t decided on an interest rate-hike yet, but Rick Reider, CIO of fixed income at BlackRock thinks the timing doesn’t matter. The market is incessantly focused if lift-off is going to be June or September. However, there are two other factors that would determine the timing; one: the pace at …
New ETFs On The Block: Guggenheim S&P High Income Infrastructure ETF (GHII)
Infrastructure spending is likely to remain a prominent theme for governments across the world to boost economic growth. In the US alone, the government plans to spend $478 billion building roads, transport nodes, ports, bridges and such other vital installations, according to the Wall Street Journal. A separate report by PwC and Oxford Economics forecast global infrastructure spending to top …