We have reached the dog days of August. No volume to speak of, in fact some days it reached 10-year lows, as I posted, which makes this a market that can be pushed either way with very little effort. As a result, the S&P 500 barely budged from last week’s model portfolio report and, barring any unforeseen circumstances, I would …
7 ETF Model Portfolios You Can Use – Updated through 8/7/2012
Continued optimism that the ECB would act ‘real soon’ to contain the euro debt crisis powered equities higher over the past week with the S&P 500 closing slightly above the 1,400 level for the first time since May. Obviously, as is always the case at this time of the year, trading volume has been extremely light, which can easily exaggerate …
7 ETF Model Portfolios You Can Use – Updated through 7/31/2012
The roller coaster ride continued this past week with the S&P 500 gaining 3% after having lost 1.9% during the prior five trading days. This past week’s ramp up came as a result of super Mario (Draghi’s) chest pounding about rehashing all the things the ECB is willing to do to assist the Euro crisis, but he was rebuffed later …
7 ETF Model Portfolios You Can Use – Updated through 7/24/2012
It’s been a rollercoaster month, and the last week was no exception. The S&P 500 gave back some 1.9% and is now negative for July. Europe’s debt crisis seems to be worsening by the day as Spain and Italy both appear in dire straits with the Spain FinMin having travelled to Germany to visit his counterpart, tin cup in hand, …
7 ETF Model Portfolios You Can Use – Updated through 7/17/2012
After the sharp loss during the prior week, the markets managed a turnaround from an oversold condition with the S&P 500 rallying some 1.7% since last week’s ETF model portfolio report. All eyes were on the Fed’s semiannual testimony yesterday and, while much jawboning went on, traders were disappointed that the next round of QE appeared not to be imminent. …
7 ETF Model Portfolios You Can Use – Updated through 7/10/2012
Some reality eased into the markets as the earning season started with a mixed bag and, of course, the European debt crisis is showing no signs of taking a summer siesta. The S&P 500 dropped 2.4% since last week’s ETF Model Portfolio report. Our various models held up very well due to the lack of equity exposure which, given the …