[Chart courtesy of MarketWatch.com] 1. Moving the Markets After slumping early one, the major indexes managed to climb out of a hole and, with the exception of the Dow, managed to squeeze out a tiny gain. Not helping matters early on were worse than expected jobless claims numbers, which followed last week’s disappointing labor market report. Crude oil finally found …
Stocks Get Over The Hump On Hump Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rebounded today from two straight days of losses. All major indexes advanced. Notable gains on the Nasdaq seemed to be led by Apple (AAPL), as its shares headed back up 3.1% to rise above the $100 mark again. Yesterday, Apple’s stock went on a wild ride throughout its numerous product announcements, …
Equities Continue To Trend Lower Despite Apple’s Day Of Announcements
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Domestic equities fell for a second straight day as the Dow dropped almost 100 points, the S&P 500 slid back below 2000 and the Nasdaq fell 0.88%. Apple (AAPL) stole many headlines today as it released numerous announcements about new and upcoming product releases. The stock bounced up and down all day …
Stocks Start Off The Week Sub-Par As Oil Prices Fall
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets ended the day somewhat mixed as the S&P dropped 0.3%, but stayed above the 2000 mark. The Dow also fell 0.2%, while the Nasdaq gained a slight 0.2% In corporate news, Yahoo (YHOO) shares rose 5.6% after we heard today that Alibaba filed for its initial public offering and started …
ETFs/Mutual Funds On The Cutline – Updated Through 09/05/2014
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 349 (last week 354) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: First Trust Enhanced Short Maturity ETF (FTSM)
With the gradual improvement in US economy and strengthening of the labor market, speculations about an earlier-than-expected rate hike is slowing gathering pace. First Trust Portfolios, the Il-based sixth largest US issuer of exchange-traded funds, recently unveiled the First Trust Enhanced Short Maturity ETF (FTSM) to give investors exposure in the short-end of the duration curve with the aim of …