The upward march of the major equity indexes continued with the S&P 500 adding almost 1% to move into record territory. This week’s attempt to break the magic 1,700 milestone marker has failed so far, although we touched the 1,699 level yesterday. Very likely, any really bad economic news, validating that the Fed’s money pumping efforts are justified, should propel …
7 ETF Model Portfolios You Can Use – Updated through 7/16/2013
Risk-on was the mode of the past five trading days as the S&P 500 added another 1.45% during this latest run into record territory. Of course, as I have posted relentlessly, economic fundamentals have nothing to do with this current lift-a-thon, but it had everything to do with what the Fed said and didn’t say in regards to the potential …
7 ETF Model Portfolios You Can Use – Updated through 7/9/2013
Anticipation, that the much lowered earnings bar will lead to better than expected results, as earnings season gets underway, along with lessened fears about the Fed’s potential tapering efforts, pushed the major market indexes higher. Since last week’s ETF Model Portfolio report, the S&P 500 gained some 2.35% as risk seems to be back on. It’s interesting to note that …
7 ETF Model Portfolios You Can Use – Updated through 7/2/2013
The fear of “tapering” subsided somewhat during the past week as announcements/clarifications by several heads of Federal Reserve banks had a soothing impact on Wall Street traders’ raw nerves. Remember, the only reason the major market indexes are at these current levels is due to the QE initiative sponsored by the Fed. Any talk of reducing the program has had …
7 ETF Model Portfolios You Can Use – Updated through 6/25/2013
The prior week’s calmness gave way to severe selling with the major indexes tumbling from their lofty levels as a result of the Fed uttering the currently most feared words in the English language, namely “tapering.” This, of course, refers to the potential toning down of the QE program. Just about all asset classes got spanked with the S&P 500 …
7 ETF Model Portfolios You Can Use – Updated through 6/18/2013
After the prior week’s volatility, some calmness returned to the markets as renewed upward momentum helped the S&P 500 to gain some 1.6% since the last ETF Model Portfolio report. Bonds are still showing weakness as interest rates have been inching higher, but equities have largely ignored that fact. More in regards to market direction should be known later on …