[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets tumbled the most in a month as soft consumer spending growth in the third-quarter raised questions about the overall strength of the economic recovery. The BetaPro MSCI Emerging Markets Bull+ & Bear+ ETF shares are currently trading down about 3.3% on the day. Overshadowing disappointing headlines was Twitter’s more than 70% …
Index ETFs Maintain Upward Bias
[Chart courtesy of MarketWatch.com] 1. Moving The Markets European equities headed higher supported by strong readings on factories and hopes that the ECB may take additional easing steps. That proved to be a springboard for the domestic indexes which, after an early rally, pulled back and then slowly inched their way higher with the DIA reaching a closing high. Again, …
Bonds Drop As Index Leaders Play Musical Chairs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Emerging-market stocks dropped to a one-month low, led by Turkish equities, on concern that a slower expansion in the euro area will crimp global growth. While Bond ETFs have risen from the dead, they still are hovering below their long-term trend lines and are not in a buy mode at this time. …
Keeping The Bull Alive
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks rose, after the S&P 500 Index climbed for four straight weeks, as Exxon Mobil Corp. and U.S. Steel Corp. led a commodity rally while investors awaited data on employment and economic growth. All major indexes gained as the chart above shows. About 5.7 billion shares changed hands, the slowest trading …
ANNOUNCING New Format New Daily Market Commentary PLUS New Selection Of ETFs In The Spotlight
My latest e-book “How to beat the S&P 500…with the S&P 500” has been downloaded literally thousands of times over the past few months. In case you missed it, you can get your free copy here. This popularity has prompted many questions, especially “which ETFs are most suitable using the Trend Tracking approach as described in the book?” The answer, …
Ending October On A Down Note
[Chart courtesy of MarketWatch.com] Domestic Equity Index ETFs finished a choppy trading session below the flat-line, as investors mulled a mixed bag of earnings and economic data along with yesterday’s decision by the Federal Reserve to maintain its current pace of asset purchases. While it was a second consecutive day of losses for the market, all three major indexes ended …