[Chart courtesy of MarketWatch.com] The winning streak came to an end on Thursday, as major U.S. indices closed the trading day in negative territory with currency exchange rates grabbing headlines. The market did overcome early morning lows in the wake of some mixed economic data from both sides of the pond. The Dow Jones Industrial Average was 22 points lower …
Sell in May? Not in This Bull Market… Not Yet
[Chart courtesy of MarketWatch.com] The market was able to overcome early losses, and closed the trading day higher, supported by China posting a wider-than-projected trade surplus and an unexpected rise in industrial production out of Germany. Both the Dow and S&P posted new closing highs. The gains came a day after the Dow closed above 15,000 for the first time …
7 ETF Model Portfolios You Can Use – Updated through 5/7/2013
No news is good news, good news is good news and bad news is good news; that’s what it would seem like to an outside observer of the markets. And there is a lot of truth to it, as we no longer have true economic realities represented by the major market indexes. As I posted many times, the almighty Fed …
ETFs/Mutual Funds On The Cutline – Updated Through 5/3/2013
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 354 (last week 343) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 5/5/2013
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 5/5/2013. Wednesday’s modest sell off turned out to be only a brief interruption in the life of the bulls, as momentum shifted into high gear, supported on Friday by a better than expected jobs report, …
New ETFs On The Block: First Trust Senior Loan ETF (FTSL)
First Trust Advisors, the Wheaton, Il-based money manager known for its niche strategies, has launched its fourth actively managed ETF. The First Trust Senior Loan ETF (FTSL) is expected to compete with the recently launched SPDR Blackstone/GSO Senior Loan ETF (SRLN). Debuted last month, SRLN is also actively managed and has already accumulated assets of more than $160 million. FTSL …