ETF/Mutual Fund Data updated through Thursday, May 9, 2013 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 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/02/2013
ETF/Mutual Fund Data updated through Thursday, May 2, 2013 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 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
DIA And SPY Close At Record Highs Amid Factory Orders, Cyprus Deal; Europe Rallies
[Chart courtesy of MarketWatch.com] US stock index ETFs closed higher on Tuesday, with the Dow industrials and S&P 500 finishing at record closing highs as US factory orders topped estimates and health insurers rallied after winning an increase in a key Medicare payment rate. Factory orders rose by three percent in February, boosted by demands for commercial aircraft and automobiles. …
Travelling…
I will be spending most of the day on an air plane and in taxis getting back to my office. I most likely won’t have a chance to write today’s market commentary but will resume posting on Tuesday. Ulli…
Index ETFs Rise On Earnings; Europe Slips On Italian Austerity Worries
[Chart courtesy of MarketWatch.com] US indexes finished slightly higher Wednesday, recouping early losses as better-than-forecast earnings eclipsed concerns over Europe’s debt crisis ahead of tomorrow’s European Central Bank meeting in Frankfurt. Equities had slumped earlier amid concerns Europe’s debt crisis may get worse. An opinion poll in Italy showed former Premier Silvio Berlusconi’s anti-austerity campaign has boosted his popularity before …
New ETFs On The Block: ProShares Merger ETF (MRGR)
ProShares, the Bethesda, Maryland-based premier provider of alternative ETFs and the world’s largest provider of geared (leveraged and inverse) exchange traded funds, has announced the launch of a merger-arbitrage ETF this week. The ProShares Merger ETF (MRGR), the firm’s 13th launch this year, is listed on the BATS exchange and would compete with IndexIQ’s ARB Merger Arbitrage ETF (MNA). MRGR …