[Chart courtesy of MarketWatch.com] US stocks advanced for the second straight day Thursday as Apple Inc bounced back from its biggest drop in nearly four years and technology stocks showed strength. But the gains were capped as investors avoided making big bets as long as a budget deal remained elusive in Washington. The indexes continued in roller coaster mode pushed …
Uncertainty Reigns As Apple Weighs On NASDAQ; Europe Rises As Nokia Rallies
[Chart courtesy of MarketWatch.com] US equities ended mostly higher Wednesday as Wall Street applauded comments from President Obama on the fiscal cliff, and investors lapped up upbeat corporate news, but Apple Inc dragged down the NASDAQ Composite. On the economic front, the Institute for Supply Management reported a slightly faster pace of growth for the US services sector in November, …
7 ETF Model Portfolios You Can Use – Updated through 12/4/2012
With the looming fiscal cliff as the backdrop, the major indexes meandered and then pulled back with the S&P 500 managing to eke out a 0.6% gain since last week’s ETF Model Portfolio report. There is no secret that nothing matters much other than the latest battle news from the fiscal cliff participants, as the fronts appear to harden almost …
More Fiscal Cliff Rhetoric With No Tangible Results; Weak Data Pulls Down Indexes
[Chart courtesy of MarketWatch.com] US equities finished lower as politicians in Washington restarted the rhetoric on how to manage the nation’s fiscal policy, and a measure of factory output showed unexpected contraction in November. The Institute for Supply Management’s index of manufacturing activity dropped to 49.5 in November from 51.7 a month earlier, signaling contraction for the first time since …
ETFs/Mutual Funds On The Cutline – Updated Through 11/30/2012
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 332 (last week 308) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 12/2/2012
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 12/2/2012. A nothing week came to an end as the S&P 500 ended just about unchanged with hope, followed by concern, about the fiscal cliff games keeping the indexes in a tight trading range, however, …