[Chart courtesy of MarketWatch.com] US stocks fought back Tuesday, rebounding from yesterday’s pullback as investors grew positive ahead of a German constitutional court ruling on the EU-wide bailout fund while speculations grew the US Fed will announce further stimulus after its two-day FOMC meeting starting tomorrow. Treasuries retreated, pushing yields higher even though US auction for $32 billion of three-year …
Equity Indexes Fall As Concern Over Europe Overshadows Stimulus Bets; European Stocks Decline; German Court Ruling On Deck
[Chart courtesy of MarketWatch.com] Equity Indexes pulled back today after surging to multi-year highs Friday as risk sentiment weakened amid news reports that Greece has initiated talks with creditors after its ruling-coalition failed to reach an agreement over spending cuts. Markets are jittery ahead of Wednesday’s German high court’s decision on the validity of the EUR 500 billion European Stability …
ETFs/Mutual Funds On The Cutline – Updated Through 9/7/2012
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 350 (last week 317) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 9/9/2012
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 9/9/2012. After the ECB’s Draghi pulled out the big guns, the markets went into overdrive pushing the major indexes to multi-year highs. As I pointed out, nothing has actually been chiseled in stone; so far …
ECB’s Intended Bond Purchases Will Calm The Markets; But For How Long?
The European Central Bank’s decision to buy unlimited bonds from the secondary markets for the peripheral economies was the right decision, since it comes with strong conditions that will result in structural reforms and fiscal discipline, says Anders Aslund, Senior Fellow at the Peterson Institute for International Economics. The so-called Outright Monetary Transactions or OMT by the central bank does …
New ETFs On The Block: Huntington US Equity Rotation Strategy ETF (HUSE)
Columbus, Ohio-based regional bank Huntington Bancshares launched its second ETF in July-end that offers a different investment strategy involving active management of US domestic stocks. The Huntington US Equity Rotation Strategy ETF (HUSE) seeks to achieve capital appreciation in excess of the broad S&P Composite 1500 index that includes large-, mid-, and small-cap companies and may be suitable for long-term …