The month of October closed on a slight down note as the markets had to digest the highs the major indexes were making. We have been bouncing against a glass ceiling, as far as the S&P 500 is concerned, as the index slipped by some 0.5% since last week’s ETF model portfolio report. Bond ETFs have been making a comeback, …
Bonds Drop As Index Leaders Play Musical Chairs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Emerging-market stocks dropped to a one-month low, led by Turkish equities, on concern that a slower expansion in the euro area will crimp global growth. While Bond ETFs have risen from the dead, they still are hovering below their long-term trend lines and are not in a buy mode at this time. …
Keeping The Bull Alive
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks rose, after the S&P 500 Index climbed for four straight weeks, as Exxon Mobil Corp. and U.S. Steel Corp. led a commodity rally while investors awaited data on employment and economic growth. All major indexes gained as the chart above shows. About 5.7 billion shares changed hands, the slowest trading …
ETFs/Mutual Funds On The Cutline – Updated Through 11/1/2013
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 332 (last week 348) are hovering in bullish territory. The second report includes only …
ANNOUNCING New Format New Daily Market Commentary PLUS New Selection Of ETFs In The Spotlight
My latest e-book “How to beat the S&P 500…with the S&P 500” has been downloaded literally thousands of times over the past few months. In case you missed it, you can get your free copy here. This popularity has prompted many questions, especially “which ETFs are most suitable using the Trend Tracking approach as described in the book?” The answer, …
New ETFs On The Block: Proshares S&P 500 Aristocrats ETF (NOBL)
ProShares, the nation’s biggest provider of alternative exchange-traded funds with a lineup of more than 140 products, has launched a new ETF providing exposure to the biggest dividend-paying components of the S&P 500 index. The NYSE Arca-listed ProShares S&P 500 Aristocrats ETF (NOBL) is the third offering in the unleveraged funds space by the Bethesda, MD-based sponsor, and marks the …