Up, up and away was the theme, as the S&P 500 added some 4% since last week’s model portfolio report. Of course, from a fundamental point of view nothing has changed but misplaced euphoria about an alleged solution coming out of the EU summit. That was supported by quarter ending window dressing while short covering provided the ammunition for this …
7 ETF Model Portfolios You Can Use – Updated through 6/26/2012
In a complete reversal, the S&P 500 headed back down again since last week’s portfolio report by dropping -2.8%. The markets continue to rally off the latest hopeful news from Europe only to be disappointed when major announcements turn into nothing but hot air. Additionally, the Fed’s continuation of operation twist caused disappointment on Wall Street as traders had hoped …
7 ETF Model Portfolios You Can Use – Updated through 6/19/2012
Upward momentum continued powered solely by hopes of a major QE program announcement by the Fed today 2:15 pm EST. The S&P 500 added some 2.6% since last week’s ETF Model Portfolio report, which puts it at a level that is only 4% off the highs YTD. There is nothing else that has contributed to this rise as just about …
7 ETF Model Portfolios You Can Use – Updated through 6/12/2012
The prior week’s 3.5% loss by the S&P 500 was followed by this week’s 2.95% gain, as the markets reacted to the potential Spain bailout estimated to be in the range of $100 billion. Of course, no one yet has asked the hard question as to where the money is actually coming from. Nevertheless, simply hope along with yesterday’s dead …
7 ETF Model Portfolios You Can Use – Updated through 6/5/2012
More loss of upward momentum, since last week’s ETF Model Portfolio report, pulled the S&P 500 down by another 3.5%. That means the S&P 500 is currently showing a YTD gain of +2.22% after having reached a high of some 12% after the end of the first quarter. Our model portfolio #2 had reached a high of +7.89% but is …
7 ETF Model Portfolios You Can Use – Updated through 5/29/2012
The prior week’s loss of 1% was made up yesterday as the markets rebounded by 1.1% since last Wednesday’s ETF Model Portfolio report. Fundamentally nothing has changed other than that the ECB was expected to reveal some new secret potion on Tuesday designed to solve the issues that ail Europe. Of course, this was based on nothing but rumors and …