In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 5/12/2013.
Slow and steady was last week’s theme as the major indexes were bouncing along new lifetime highs. In the end, the S&P 500 added some 1.2% to close at 1,634.
Seems like the magic 1,600 marker is already in the rear view mirror as this bull continues to strut its stuff, thanks to the endless Fed contributions via their open ended QE program which, realistically, is the only reason the indexes are hovering in nosebleed territory.
Nevertheless, the trend is up, and we’ll continue to follow its path until a reversal becomes apparent at which time we will rely on our trailing sell stops to give us the signal to step aside.
Over past week, we covered the following:
One Man’s Opinion: Will The Fed Slow Down Easing Before The First Quarter Of 2014?
New ETF On The Block: Powershares Fundamental Emerging Markets Local Debt Portfolio (PFEM)
ETF/No Load Fund Tracker Newsletter For Friday, May 10, 2013
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 5/9/2013
Record Runs End; Major Index ETFs Finish In Red
Sell in May? Not in This Bull Market… Not Yet
7 ETF Model Portfolios You Can Use – Updated through 5/7/2013
Nothing To Slow It Down; Bulls Push Dow Above 15,000
SPY Closes At Record Again On Lack Of Positive News
ETFs/Mutual Funds On The Cutline – Updated Through 5/3/2013
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