[Chart courtesy of MarketWatch.com] 1. Moving The Markets There was not much movement up or down in the U.S. equity markets today. Both the S&P 500 and the Nasdaq closed slightly in the red zone, while the Dow managed to squeeze out some positive gains. Utilities and technology companies led sector losses. The trend continues to be investors selling out …
Markets Bounce Higher; Responding Well To Yellen’s Speech
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wednesday was a rather uneventful day across the board with the S&P 500 and Dow climbing and the Nasdaq stumbling. Tech stocks continued to fall out of favor as worries of overvaluation continue to be the culprit. A number of Nasdaq listed stocks have taken quite a beating over the past two …
A Pullback Tuesday For The Markets
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets took a hit today, a day after the Dow and S&P 500 closed near record highs. The Nasdaq took the largest hit, while the S&P and Dow dropped dropped by lesser percentages. Again, we see the Nasdaq, which is filled with those big momentum social media and tech stocks, showing the …
A Shaky Morning, But Markets Recover In Afternoon Trading
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks rebounded today after a shaky start this morning. All three major indexes finished in positive territory, with the Nasdaq leading the way up as the chart above shows. Earnings season is winding down, but Target (TGT) announced today that their CEO, Gregg Steinhafel, has resigned from the position effective immediately and …
ETFs/Mutual Funds On The Cutline – Updated Through 05/02/2014
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 360 (last week 351) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Powershares Variable Rate Preferred Portfolio ETF (VRP)
PowerShares, the exchange-traded fund unit of Invesco and the fourth-largest sponsor of ETFs in the US, launched the PowerShares Variable Rate Preferred Portfolio ETF (VRP) on May 1. The fund is US’s first variable rate preferred stock ETF product. Preferred stocks have been the toast of institutional investors due to their potential for price appreciation and impressive dividend yields. Yet …