After repeated attempts by the S&P 500 to conquer its 1,700 milestone marker, the markets meandered since last week’s portfolio report with the benchmark surrendering some 6 points in the process. It appears that a new driver is needed to push the indexes to the next level. This driver may very well appear later on today depending on the outcome …
Mixed Earnings—Index ETFs Are Going Nowhere Fast
[Chart courtesy of MarketWatch.com] U.S. index ETFs finished nearly unchanged, while the Nasdaq was able to post a modest gain as traders again appeared guarded ahead of tomorrow’s monetary policy decision from the Federal Reserve. A rebound in Japanese equities, along with some favorable global earnings reports, a more than five-year high in German consumer sentiment, and another solid gain …
Fed Back In Headlines As Investors Stay Cautious
[Chart courtesy of MarketWatch.com] The major U.S. equity index ETFs finished modestly lower, pulling back before this week’s Federal Reserve meeting that could signal when the Fed is going to begin reducing its bond purchases aimed at helping the economic recovery. Key upcoming events kept traders at bay, with Wednesday’s Fed policy decision and Friday’s U.S. nonfarm payroll report looming …
ETFs/Mutual Funds On The Cutline – Updated Through 7/26/2013
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 398 ETFs, of which currently 307 (last week 309) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Wisdomtree Japan Hedged Smallcap And UK Hedged Equity ETFs (DXJS, DXPS)
WisdomTree, the New York-based fifth largest provider of exchange-traded funds (ETFs) that sponsors 51 different ETFs spanning asset classes and geographies, launched two new ETFs recently. The WisdomTree Japan Hedged SmallCap Equity ETF (DXJS) provides exposure to small cap Japanese stocks, while the WisdomTree United Kingdom Hedged Equity ETF (DXPS) provides exposure to UK equities. The year 2013 has been …
ETF/No Load Fund Tracker Newsletter For Friday, July 26, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07252013/ ———————————————————— Market Commentary Friday, July 26, 2013 DOWN EARLY, BUT UP LATE Despite starting the day sharply lower, the U.S. equity markets eked out gains to close the Friday session marginally higher. Stocks started the day to the downside in the wake of a …