[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed modestly higher on Thursday, with the Nasdaq outperforming, as investors eyed slightly lower bond yields and mostly shook off the morning’s mixed economic data. In M&A news, CVS Health (CVS) said today that it has agreed to buy pharmacy services provider Omnicare (OCR) for $12.7 billion. The acquisition is …
No Market Commentary Today
Due to a variety of business commitments this afternoon, I will not be able to write today’s market commentary. Regular posting will resume tomorrow. Ulli…
No ETF/No Load Fund Tracker Newsletter Today
Due to a variety of Holiday obligations, I will not be able to write today’s newsletter. However, this week’s StatSheet has been published, and the weekend pieces will be posted as usual. Hope you are enjoying this Holiday weekend. Ulli…
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/24/2014
ETF/Mutual Fund Data updated through Wednesday, December 24, 2014 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/22/2014 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a “Sell” for this arena effective 10/14/2014, …
Stocks And Russian Ruble Continue Struggling
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were up and down substantially throughout the day, but ultimately closed lower across the board, marking losses for the six of the past seven days. The Dow dropped 0.7%, the S&P 500 fell 0.8% and the Nasdaq ended 1.2% lower. West Texas Intermediate crude oil dropped to $53.60 a barrel early …
New ETFs On The Block: First Trust Eurozone Alphadex ETF (FEUZ)
European equities have performed well this year despite stubbornly low inflation in the European Union with the pan-European STOXX Europe 600 Index jumping 3.1 percent in November alone. Since all the major EU economies are net importers of crude oil, falling gas prices in pumps are expected to boost consumer spending across the region, thus creating sustainable demand in the …