[Chart courtesy of MarketWatch.com] US equities managed modest gains Wednesday after a four-year high new-home construction data offset disappointing earnings results from technology bellwethers like IBM and Intel. It’s simply amazing to me that good data points (housing starts being one of them), way out of the range of normal, have appeared recently, very conveniently just prior to the elections. …
7 ETF Model Portfolios You Can Use – Updated through 10/16/2012
The continued sell off after last week’s model portfolio report was finally offset by a strong 2-day rebound, as the S&P 500 shifted back into rally mode gaining roughly 1% over the past 5 trading days. Contributing to yesterday’s move higher were better than expected earnings from several bellwether companies. Nevertheless, worries remain that slower growth in Europe and Asia …
US Stocks Rally On Economy, Earnings; Spain Lifts Europe
[Chart courtesy of MarketWatch.com] US stocks surged Wednesday with the Dow Industrials posting its biggest daily gain in more than a month following data showing a bunch of strong quarterly earnings report and a solid recovery in industrial activity in September. Risk appetite got a boost after a Federal Reserve report showed industrial output climbed 0.4 percent in September, beating …
US Equities Turn Higher As Retail Sales Lifts Sentiment; China, US Assist Europe
[Chart courtesy of MarketWatch.com] US equities moved higher Monday after retail sales data for September came in better than expected and Citigroup delivered above consensus quarterly earnings results. Sentiment was buoyed after a Commerce Department report revealed retail sales rose by a seasonally-adjusted 1.1 percent, beating forecasts of a 0.8 percent rise marginally. A separate report showed the Federal Reserve …
ETFs/Mutual Funds On The Cutline – Updated Through 10/12/2012
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 335 (last week 350) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 10/14/2012
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 10/14/2012. The markets did an about face as weakness set in across the board with the S&P 500 giving back some 2.2% over the past week. It was about time, as index levels had gotten …