[Chart courtesy of MarketWatch.com] Markets have followed an interesting pattern this week with huge gains followed by flat activity. The S&P 500 only dropped 0.19% and European indices minimally moved. The VIX merely fell 1.01% and commodities remained relatively stagnant while the dollar was virtually unchanged. Though yesterday’s collaborative central bank aid provided a fleeting ray of light for markets, …
Equity ETFs Go Bonkers Again – What’s Left In Store?
[Chart courtesy of MarketWatch.com] In an investment atmosphere seemingly devoid of any rational order, major indexes moved mountains today as the S&P 500 jumped 4.33% while European indices posted big gains as well. The dollar also depreciated slightly against the Euro to $1.34/Euro. Notably, the VIX tanked to fall to 27.63. Also, the 10-year Treasury bumped up to a yield …
ETFs Go Flat After a Huge Day – Are We In a State of Funk?
[Chart courtesy of MarketWatch.com] Perhaps investors came to the realization that all is not well in Europe as markets simmered down. The S&P 500 inched up only 0.22% while Europe and Asia posted marginal gains as well. The dollar still remained at $1.33/Euro, and commodities bumped up a little. Also, the VIX fell once again, dropping 4.64%, though still above …
Last Week In Review: ETF News And Blog Posts To 11/27/2011
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 11/27/2011. Another drubbing during the holiday shortened week pushed the S&P 500 down by -4.7% with the Domestic Trend Tracking Index (TTI) sliding into bear market territory by a scant -0.42%. As I posted on …
Europe’s Reaching the Point of No Return
While many of us may been indulging in tasty Thanksgiving trimmings, Europe’s been starving for financial help. As Italy’s bond yields surpassed above 8% while Spain looks to follow the same fate, it is clear that the contagion is spreading faster than anticipated, moving from the periphery into the core of Europe. Germany’s lackluster bond auction earlier this week and …
Eurozone Turbulence Won’t Stop Battering Equity ETFs Anytime Soon
[Chart courtesy of MarketWatch.com] It’s been a tough week for equity ETFs so far as the situation in European begins to nosedive. The S&P 500 dropped 2.21% while European and Asian indices also took a hit. And for the third straight day, investors headed for U.S. government securities as the 10-year U.S. Treasury fell to yield 1.88%. Meanwhile, the dollar …