[Chart courtesy of MarketWatch.com] Domestic equities surged more than one percent Tuesday, wiping off losses suffered Monday, as investors took a cue from Europe’s peripheral markets after Spanish bonds came off Euro-era record highs on speculation the Federal Reserve and other central banks will restart asset purchase programs. Sure, we’ve heard that one before resulting in very short-term effects. Treasuries …
Equity ETFs Drop As Spain Rescue Disappoints And Greece’s Election Looms Large; VIXY Pops, GAZ Crashes
[Chart courtesy of MarketWatch.com] US stocks swung wildly Monday giving up early gains to close sharply lower following the best week of the year as investors remained concerned over the upcoming Greek elections and optimism over Spain’s $125 billion bank bailout-deal fizzled on worries that the benefits will not be sustained. The treasury 30-year bonds pushed higher for the first-time …
ETFs/Mutual Funds On The Cutline – Updated Through 6/8/2012
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 216 (last week 92) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 6/10/2012
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 6/10/2012. Wishful thinking and continued hope that the Europeans will finally get their act together, and rescue Spain from its severe predicament, supported market momentum as the recent slide turned into a Viagra move off …
New ETFs On The Block: The BNP Paribas STREAM S&P Dynamic Roll Global Commodities Fund (BNPC)
The latest entrant in the ETF industry is French banking giant BNP Paribas. The French bank has launched an exchange-traded commodity fund that is based on a contango-fighting strategy, i.e. it tries to minimize negative impact of the roll process when futures markets are in contango while maximizing yields from rolling futures contract when the market experiences backwardation. The BNP …
ETF/No Load Fund Tracker Newsletter For Friday, June 8, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06072012/ ———————————————————— Market Commentary Friday, June 8, 2012 MAJOR MARKET ETFS POST BEST WEEKLY GAIN OF THE YEAR; EWP RISES, VIXY CRASHES US stocks headed higher Friday to extend gains for the fourth straight day and capping their best week of the year amid rumors …