[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets experienced one of the largest sell-off in equities over the past two months. A rising dollar value and declines in tech companies stock seemed to be the major culprits today. In tech Cisco Systems Inc. (CSCO) took a hit for the sixth time in seven days, suffering its largest daily decline …
Major Indexes Hit The Skids
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Pricing in a potential rate hike by the Fed came home to roost as the Dow suffered its worst one-day point drop in some five months. Despite some central banks starting a quantitative easing path, such as the ECB, there was simply no support, and the major indexes went negative YTD. Europe’s …
Markets Full Steam Ahead To Begin The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets All major indexes closed higher to kick off the week of March 9th, apparently bullish on some tech stocks, Apple (AAPL) in particular. More details came out today on Apple’s newest gadget – The Apple Watch. Apple is looking to extend its dominance on mobile devices with the new gadget which Cook …
ETFs/Mutual Funds On The Cutline – Updated Through 03/06/2015
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 246 (last week 291) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will The Fed Be Careful About Raising Rates?
The latest jobs report showed the economy created 295,000 jobs in February and surprised markets on the upside though overall the report was not as good as the headline-number would suggest, said Jan Hatzius, chief economist at Goldman Sachs. The unemployment rate also came down a bit, but that was driven primarily by weak labor-force participation. Similarly, wage gains also …
New ETFs On The Block: iShares MSCI International Developed Momentum/Quality Factor ETF (IMTM, IQLT)
iShares, the San Francisco-based exchange-traded fund issuing arm of BlackRock, recently launched two international factor-based ETFs to expand its lineup of the so-called smart-beta funds. Many analysts, however, believe that latest launches were an attempt by the world’s biggest ETF issuer to match the wide-range of multi-factor fund offerings by rival provider State Street Global Advisors. To be sure, the …