[Chart courtesy of MarketWatch.com] Markets finished moderately to the downside as the S&P 500 finished down 0.41% in a less volatile trading session. The dollar remained steady at $1.35/Euro, while commodities didn’t fluctuate much. Also, the VIX dropped 2.86% to 31.97. However, the closing numbers don’t do justice to intra-day volatility. Our trailing sell stop in VTI was triggered after …
Perhaps the Start of a Rough Week for Equity ETFs
[Chart courtesy of MarketWatch.com] The week started off rocky as European fears set in, pulling the S&P 500 down 1.86%. Europe indices took an even harder hit with the DAX down 3.35% and the CAC 40 dipping 3.41%. In government bonds, the 10-year Treasury fell 2.49% to 1.96 as investors sought safety. Nevertheless, the dollar was unchanged versus the Euro, …
Equity ETFs Feel The Pressure With Europe on Thin Ice
[Chart courtesy of MarketWatch.com] The fear of Eurozone frailty was priced into markets today as equities took a hit globally. The S&P 500 fell 1.68% while other global indices also took a hit. After a couple big days for commodities, gold and oil dipped down 3.00% and 3.68%, respectively. Also, the dollar stuck at $1.35/Euro. Furthermore, the VIX remained relatively …
Finally a Jolt for Equity ETFs – Is This The Start of a Market Slide?
[Chart courtesy of MarketWatch.com] We’re back on the downside today as fears over Italy’s succession plan seemed to set in. The S&P 500 slipped 1.66%. Interestingly, European equities were relatively flat today despite the uncertainty. In commodities, oil had another big day as it shot up 2.40% to 101.75. After a few days of minimal movement, the VIX took a …
ETFs Stay Relatively Calm, But That May Change Very Soon
[Chart courtesy of MarketWatch.com] Markets appeared to be in the gray zone today, finishing modestly on the upside after an initial dip. The S&P 500 went up 0.48% while European indices such as the DAX and CAC 40 hit some road bumps, dropping 0.87% and 1.92%, respectively. Also, Asian equity markets finished on the downside. Despite recent hyperactivity in the …
Are Eurozone Fears Starting to Become a Reality for ETFs?
[Chart courtesy of MarketWatch.com] Markets took a dip today given continued Eurozone uncertainty and less than stellar data. The S&P 500 retreated 0.95% while other major indices across the global echoed a similar negative sentiment. The dollar appreciated against the Euro to $1.36/Euro while commodities had a mild drop. Volatility slightly edged up 3.63%, but overall market volume was quite …