[Chart courtesy of MarketWatch.com] Last week’s downgrades were forgotten as markets edged up today, with the S&P 500 gaining 0.36%. The optimism was seen across global indices while gold and oil prices pushed higher. While global markets and commodities didn’t account for Europe’s troubles, the 10-year Treasury stood still at 1.85%. In the context of bond markets, investors continue to …
Europe’s Fragile, But Major Market ETFs Don’t Care
[Chart courtesy of MarketWatch.com] Once again, major market ETFs ended up in the green despite continuing concerns about Europe. Although not a big day by any means as the S&P 500 only rose 0.23%, we’ve seen significantly lower levels of volatility in the market. Without these large swings that were relatively commonplace in October and November last year, it’s certainly …
Minimal Market Volatility Continues – Wonder What’s Next for Equity ETFs
[Chart courtesy of MarketWatch.com] It was quite a flat day to say the least as the S&P 500 nudged up a mere 0.03%. Volatility is still quite low, so it will be a guessing game as to when/if the big drop comes especially with Greece’s fate to be decided soon. While equity ETFs didn’t move all that much, gold hit …
Major Market ETFs Seem To Forget About Europe
[Chart courtesy of MarketWatch.com] Despite continuing concerns surrounding Europe, the S&P 500 rose 0.89% while European and Asian indices also posted large gains. Meanwhile, the 10-year Treasury yield went up as did commodity prices. However, the Euro moved very little against the dollar, sticking to $1.28/Euro. The trend of record high deposits at the ECB despite new liquidity measures highlights …
Volatility Stays Down – Is This A Good Equity ETF Entry Point?
[Chart courtesy of MarketWatch.com] Keeping in sync with the flatness towards the end of last week, markets didn’t move all that much as U.S. indices, Treasuries, and commodities minimally fluctuated. Volume remained relatively thin as the S&P 500 slightly edged up 0.22%. Though markets are caught in a state of flux, the Euro remains weak against the dollar at $1.28/Euro, …
Still No Clear Direction For ETFs
[Chart courtesy of MarketWatch.com] Once again, major market ETFs didn’t move much as the S&P 500 gained 0.29%. But European indices fell once more while the Euro dropped to $1.28/Euro, its lowest level in 15 months. While markets may not be fully incorporating European uncertainty at the moment, the weak Euro clearly indicates European concern among investors. Although the VIX …