Last week’s rebound, powered by endless hope that the government shutdown will come to an end over the past weekend, slowed down as the major indexes pulled back on lack of progress among the warring parties. Still, the S&P 500 managed to tack on 2.6% since last week’s model portfolio report, just about recouping the prior week’s losses. Despite earnings …
Uncertainty Hurts Stock Index ETFs
[Chart courtesy of MarketWatch.com] U.S. equity markets finished near their lows in a volatile session following a four day rally in the Standard & Poor’s 500 Index, as yesterday’s optimism that a deal among U.S. lawmakers was close seemed to slip away in the wake of continued bickering among the political parties that have stalled the talks. After the market …
Stocks Bounce Higher After Shaky Start
[Chart courtesy of MarketWatch.com] After beginning the day lower on the failure of U.S. lawmakers to come to a debt ceiling agreement to avoid a potential default, stocks ended a volatile session with modest gains to finish higher as bits of news about potential progress came throughout the day. Volume was lighter than usual due to the closure of U.S. …
ETFs/Mutual Funds On The Cutline – Updated Through 10/11/2013
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 327 (last week 321) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: RevenueShares Ultra Dividend Fund (RDIV)
With the Federal Reserve deciding to hold off its much-anticipated taper last month, many market participants now believe that record low interest rates are likely to continue for a bit longer than previously thought, suggesting dividend funds may be a better option in the short and medium haul. Though the dividend-income space became fairly crowded after a number of providers …
ETF/No Load Fund Tracker Newsletter For Friday, October 11, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10102013/ ———————————————————— Market Commentary Friday, October 11, 2013 TRADERS ENTERING THE WEEKEND ON HIGH HOPES Domestic equity markets were able to extend their recent gains today, continuing a major rally in the previous session amid growing optimism that a solution to the budget and debt …