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 10/9/2011. A rebound from a deeply oversold condition, along with some not too bad economic data, pulled the major indexes out of the doldrums with the S&P 500 gaining 2.12%. As the global economy reaches …
Another Pop For Equity ETFs, But Will It Last? Standard & Poor’s Forecasts Further Drop
For the third consecutive trading session, markets remained in the green, giving some hope for equities. Once again, major indices and commodities rose with the S&P 500 gaining 1.83%, while the U.S. dollar slightly depreciated to $1.34/euro. Today’s gains were possibly in part due to strong September sales figures from major U.S. retailers that exceeded expectations, suggesting a potential rebound …
The Calm Before the Storm—Stay In Cash Or Retreat to Safer Non-Equity ETFs
[Chart courtesy of MarketWatch.com] Markets continued to ride yesterday’s reversal, as major index ETFs and commodities such as gold and oil posted sizeable gains (S&P 500 up 1.79%, oil up 5.35%) while volatility subsided (VIX down over 7.5%). However, this short-term market upswing appears to have little credence in the midst of a serious European debt crisis where there is …
Equity ETFs Tank—Then Rebound Sharply In Last Hour
[Chart courtesy of MarketWatch.com] Note: Gold and oil prices in above chart reflect the evening session One of the most frequently asked questions I have received since the beginning of our Domestic Sell Signal, which was effective 8/9/11, is why I don’t recommend using inverse ETFs, such as SH for the S&P 500, to take advantage of bear market conditions. …
Last Week In Review: ETF News And Blog Posts To 10/2/2011
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 10/2/2011. More downside momentum finally pushed our Domestic Trend Tracking Index (TTI) further into bear market territory. Europe and its multitude of debt solutions, most of them band aid approaches, will remain on the agenda …
New Posting Schedule
With equities not going anywhere and chances of a bear market increasing, I will adjust my posting schedule to better be in tune with the information you need. That means I will, for the time being, focus more on relevant market commentary, along with changes in our invested positions, which might help you to better see the big picture. There …