The S&P 500 meandered in a tight range of 4 points since last week’s ETF portfolio report until yesterday when Caterpillar’s reduced outlook and Fed president Plosser’s remarks about QE-3 not doing much to either economic growth or unemployment combined to knock the major indexes to their largest loss in some 3 months. The S&P 500 surrendered 1.2% as Plosser’s …
7 ETF Model Portfolios You Can Use – Updated through 9/18/2012
Following the Draghi announcement 2 weeks ago, the Fed stepped up to the plate by going “all in” with its QEternity plan of buying some $45 billion in mortgage backed securities per month. The program is open ended meaning there is nothing else for the Fed to announce in terms of more stimulus until this plan has run its course. …
7 ETF Model Portfolios You Can Use – Updated through 9/11/2012
After ECB’s Mario Draghi’s “all out” announcement last Thursday, the markets ripped higher with the S&P 500 gaining some 2% since last week’s portfolio report. I guess you could say he pulled out the big guns but, as has been the case all too often in the past, it’s only talk so far. As we’ve come to be accustomed to, …
7 ETF Model Portfolios You Can Use – Updated through 9/4/2012
Again, tight range riding in the S&P 500 prevailed this past week with the index dropping a scant 4 points. It’s simply amazing to watch that any sell off, which pulls the indexes off their highs by a meager 0.5%, is met with buying as hope prevails that the Fed will always come to the rescue by throwing an assist …
7 ETF Model Portfolios You Can Use – Updated through 8/28/2012
More indecisiveness prevailed last week as the S&P 500 moved in a range of barely 5 points and closing slightly lower since last week’s ETF model portfolio report. With the summer nearing its end, Wall Street’s big guns will return next week and trading volume is sure to pick up; the unknown is in what direction? Some clue is likely …
7 ETF Model Portfolios You Can Use – Updated through 8/21/2012
Inching ahead on continued central bank intervention hopes was the mode of operation last week, as the major indexes edged up with the S&P 500 taking out its 2012 high yesterday before selling set in. With our international TTI having generated a new ‘Buy’ signal, as posted on Monday, and the domestic market heading to higher levels as well, I …