[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied big time for a second straight day. The Dow advanced 323 points today and has almost wiped out early-year losses. The advance was broad, with the S&P materials, energy and technology sectors each rising more than 2%, leading the day’s gains. The same forces that sparked the market bounce Wednesday …
Markets Bounce Back Today; Not A Fed Minute Too Soon
[Chart courtesy of MarketWatch.com] 1. Moving the Markets If you read yesterday’s article, you may remember that I mentioned the Dow has dropped 500 points in the last two days. Well, today the Dow regained 200 points as all major indexes rallied more than 1.15%. The Fed minutes release of their last month’s meeting was the main driver that pushed …
Markets Continue Slipping On Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued their shaky start to 2015 today, as all major indexes finished in negative territory. The Dow has now lost more than 500 points in the last two trading sessions and the S&P 500 is down 2.73% over the first 3 trading sessions of the year. The culprit behind the markets …
Stocks Take A Hit To Start Of 2015
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took their biggest hit in the past couple of months with all major indexes retreating as the chart shows. Crude oil also plunged down to $49.97/barrel today, which is a nine-year low, while Europe benchmarks fell as much as 3.3%. Traders are fearful that collapsing oil prices somehow signal the rising …
ETFs/Mutual Funds On The Cutline – Updated Through 1/2/2015
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 410 ETFs, of which currently 243 (last week 251) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Flexshares Credit-Scored US Corporate Bond Index Fund (SKOR)
FlexShares, the tenth-largest US exchange-traded fund issuer better known for its suite of “smart-beta” and self-indexed funds, recently launched a US-focused fixed-income fund that puts the spotlight on the middle-maturity offerings. Northern Trust’s ETF-unit unveiled the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR), an intermediate-dated bond-fund that focuses on investment-grade corporate bonds with maturities ranging from two to 10 …