[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today, dragged down mostly by the financial sector after hearing today that six big banks were fined $4.3 billion in a settlement over foreign exchange manipulation charges. The S&P 500 and Dow both closed a tad lower, which snapped a 6-day streak of daily gains. The …
New Records For S$P 500 And Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bond markets were closed in observance of Veteran’s Day, so trading in equities was thin, which may have contributed to the continuation of the rally. It was a see-saw session, as the chart above shows, but the major indexes managed to close in the green despite no economic data points. In …
Up, Up And Up Again The Markets Go
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the markets continue on their march up the mountain of gains as both the Dow and S&P 500 marked record highs again today. The U.S. economy continues to improve and corporations report better-than-expected earnings. Today, the S&P 500 gained 0.3%, the Dow rose 0.23% and the Nasdaq trumped all adding 0.42%. …
ETFs/Mutual Funds On The Cutline – Updated Through 11/07/2014
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 266 (last week 287) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Proshares Managed Futures Strategy ETF (FUTS)
ProShares, the Maryland-based exchange-traded fund issuer known for its range of inverse and leveraged exchange-traded funds, expanded its offering of alternative investment products recently with the launch of the ProShares Managed Futures Strategy (FUTS). Managed futures investment strategy involves investing in futures contracts across asset classes such as commodities, currencies and fixed income instruments. Investing in future contracts is a …
ETF/No Load Fund Tracker Newsletter For November 7, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11062014/ ———————————————————— Market Commentary Friday, November 7, 2014 STOCKS INCH OUT GAINS AND FINISH THE WEEK ON SOLID GROUND [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks inched higher again today to close out the week at record highs, continuing their rebound from the …