And the beat goes on. After a slight breather on Monday, the major market ETFs took off again yesterday and set some new highs in the process. The S&P 500 gained +1.48% since last week’s ETF Model Portfolio report. Needless to say, it’s been equities all the way this year with bonds getting pushed aside while precious metals have been …
Bulls Take a Break in Quiet Session
[Chart courtesy of MarketWatch.com] Index ETFs kicked off the week with an orderly session, ended flat on Monday and pausing after hitting record highs last week. The market was once again unfazed by a strengthening U.S. dollar. The Dow Jones Industrial Average fell 27 points (0.2%) to 15,092, the Standard & Poor’s 500 Index was unchanged at 1,634, and the …
ETFs/Mutual Funds On The Cutline – Updated Through 5/10/2013
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 342 (last week 354) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 5/12/2013
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 5/12/2013. Slow and steady was last week’s theme as the major indexes were bouncing along new lifetime highs. In the end, the S&P 500 added some 1.2% to close at 1,634. Seems like the magic …
New ETF On The Block: Powershares Fundamental Emerging Markets Local Debt Portfolio (PFEM)
PowerShares, the Wheaton, Il-based exchange traded fund issuing arm of Invesco Ltd, has launched the PowerShares Fundamental Emerging Markets Local debt Portfolio (PFEM). The fund employs a fundamental strategy instead of the more traditional market capitalization weighted approach, and is linked to Rob Arnott’s Research Affiliates’ fundamental indexing methodology. PFEM will passively track the underlying index, but the benchmark is …
ETF/No Load Fund Tracker Newsletter For Friday, May 10, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05092013/ ———————————————————— Market Commentary Friday, May 10, 2013 THE WEEK OF RECORDS After enduring a choppy session, stocks settled higher to end the week with a gain despite a surge in the U.S. dollar and Federal Reserve Chairman Ben Bernanke’s speech offering no new revelations …