[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks seemed to have been spooked today by the news of the Malaysian passenger jet that went down in Ukraine near the Russian border. Additional news that Israel had launched a ground offensive into the Gaza Strip only added fuel to the fire, so to speak. The major indexes stumbled, as …
Dow Continues Riding High; Great Day For Media Stocks
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow kept trucking forward further into record territory for a fourth straight day, ending the day up 0.5% at a new all-time high of 17,138.20. The S&P 500 and Nasdaq also rode the momentum of the blue-chip index higher, gaining 0.44% and 0.22% each. Numerous investor eyes turned to Time Warner …
Stocks Rally Early; But End Up Subdued By Yellen’s Remarks
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were rallying early today, riding the wave up from yesterday, however, the momentum was brought to halt shortly after Janet Yellen made a comment about the stock market being “substantially stretched” in terms of valuations. The Dow ended the day barely above water by 0.03%, while the Nasdaq lost 0.5% and …
Stocks Back On Track Amidst Solid Report From Citigroup And M&A News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks kicked off this week on a high note as the markets rocketed higher with the Dow once again passing the 17,000 mark to close at 17,055. In general, investors were encouraged by a slew of M&A activity alongside better than expected earnings from Citigroup. All major indexes gained as the chart …
ETFs/Mutual Funds On The Cutline – Updated Through 07/11/2014
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 398 ETFs, of which currently 375 (last week 392) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Advisorshares Sunrise Multi-Strategy ETF (MULT)
AdvisorShares, the Bethesda, Maryland-based issuer famous for its actively managed suite of funds, expanded its offerings by launching a new product focused on the liquid alternative strategy. The newly debuted AdvisorShares Sunrise Multi-Strategy ETF (MULT) is managed by Sunrise Capital Partners, a San Diego-based registered investment advisor famous for its quantitative asset management expertise. AdvisorShares now sponsors 25 active ETFs …