[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks climbed back into record territory Thursday as investors were bullish on encouraging U.S. economic data. Today, we heard positive reports on lower inflation numbers, stronger home sales and decreasing jobless claims. The S&P 500 gained 0.21%, the Dow rose 0.19% (both finishing at new closing highs) while the Nasdaq climbed 0.56%. …
Stocks Slip Into The Red On Latest Fed Minutes
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks slipped into negative territory today, driven lower by the latest release of the Fed Minutes. The minutes showed that some Fed policymakers favored eliminating a pledge to keep interest rates near zero “for a considerable time” but others worried that such a move could prompt financial markets to push up rates …
Major Markets All Close Higher On Positive News From Japan And Germany
[Chart courtesy of MarketWatch.com] 1. Moving the Markets All major U.S. indexes closed higher today, driven mostly by the health care sector and positive news from abroad. The S&P 500 rose 0.5%, the Dow gained 0.2% and the Nasdaq jumped 0.7%. The news from abroad was mostly centered on Japan and Germany. Japan’s Prime Minister Shinzo Abe informed government leaders …
Stocks Slightly Gain; China’s Equity Market Opens To The World
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks changed little today. The S&P 500 and Dow both gained a tad, while the Nasdaq slipped 0.37% into negative territory. M&A news stole a number of headlines today, focusing on two major mergers that entail a combined $100 billion value. The first was Activis PLC’s $66 billion bid for botox …
ETFs/Mutual Funds On The Cutline – Updated Through 11/14/2014
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 279 (last week 266) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: ProShares Morningstar Alternatives Solution ETF (ALTS)
Morningstar, one of the investment-industry’s most trusted names, partnered with Maryland-based ProShares, the biggest issuer of leveraged and inverse exchange-traded funds, to launch the ProShares Morningstar Alternatives Solution ETF (ALTS). The new ETF is a “fund of funds” and invests in other ProShare products, thus providing a wide exposure to the liquid “alternative investment” niche with a single exchange-traded fund. …