[Chart courtesy of MarketWatch.com] The Major Equity Index ETFs continued yesterday’s momentum to close higher with all eyes feasted on tomorrow’s conclusion of the Federal Reserve’s two-day monetary policy meeting. The Dow Jones Industrial Average closed 138 points (0.9%) higher at 15,318, the Standard & Poor’s 500 Index rose 13 points (0.8%) to 1,652, and the Nasdaq Composite added 30 …
Bulls Open The Week Thanks To Positive Data
[Chart courtesy of MarketWatch.com] Buyers came into the market today as the bulls maintain the Fed still has lingering concerns about the economy and won’t say anything to rattle the market when its two-day meeting concludes on Wednesday. However, stocks were rattled by a Financial Times story suggesting that Fed Chairman Bernanke is likely to signal the Fed is close …
ETFs/Mutual Funds On The Cutline – Updated Through 6/14/2013
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 39 (last week 313) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 6/16/2013
In case you missed it, here’s a summary of the ETF topics and market commentaries I posted to my blog during the week ending on 6/16/2013. The prior week’s roller coaster ride continued as the major market indexes meandered in a range without clear direction. The S&P 500 gave back about 1% as fear of the Fed reducing its monthly …
New ETFs On The Block: DB-X Tackers Introduces Income-Oriented Industry First ETFs (RVNU, UTLT)
Deutsche Asset & Wealth Management, a division of Deutsche Bank AG and a provider of exchange-traded funds, has announced the launch of two new ‘industry-first’ products from its stable of exchange-traded products on the NYSE Arca. Though ETFs focused on municipal bonds have ballooned to $12.3 billion dollars in assets as of year-end 2012 from $600 million in 2007, the …
ETF/No Load Fund Tracker Newsletter For Friday, June 14, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06132013/ ———————————————————— Market Commentary Friday, June 14, 2013 THEME OF THE WEEK: RED AND VOLATILE The major averages ended in the red after early gains evaporated during the opening hour amid a variety of factors. Traders cautiously await next week’s two-day monetary policy meeting by the …