[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stockholders have plenty to be thankful for this Thanksgiving. And the day before the holiday gave them even more reason to be pleased. Both the Dow and S&P pushed into record territory yet again. At the same time, the Nasdaq hit its highest level since the tech bubble 13 years ago. Hewlett-Packard …
Nasdaq Conquers 4,000; Gold-Mining ETFs Slip
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended in the green, but just barely as traders took profits ahead of the holiday. The Nasdaq composite index closed above 4,000 on Tuesday for the first time since 2000, while the Dow and S&P ended barely changed. Retailers and homebuilders were among the best performing sectors, responding to stronger-than-expected earnings …
Mixed Emotions
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes appeared to meander aimlessly with the Dow and Nasdaq edging slightly higher while the S&P 500 dropped late in the session to post a minor loss. After breaking major milestones last week, the market looked a little tired as volume slowed down during this Holiday shortened week, which can …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 11/21/2013
ETF/Mutual Fund Data updated through Thursday, November 21, 2013 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 Our main directional indicator, the Domestic Trend Tracking Index (TTI) broke through its long-term trend line generating a Sell for this area effective 8/9/2011. …
QE To Wind Down, Phones On Planes And An S&P ETF In China?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets As an imminent QE wind-down is allegedly likely, Fed officials are beginning to take more seriously the proposal of a cut to the rate paid on excess reserves. The interest rate the Fed pays on excess reserves currently sits at 25 basis points. Stocks of major U.S. banks were very strong on …
The German Surplus And Some Insight Into An Overlooked ETF Segment
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wall Street closed in the red on Wednesday as traders responded to slightly more hawkish-than-expected minutes from the Federal Reserve. Many members of the Federal Reserve’s policy-setting committee said they could see the central bank trimming its $85-billion-a-month bond-buying program at ‘one of its next few meetings,’ minutes from the October meeting …