[Chart courtesy of MarketWatch.com] US stocks advanced Tuesday, recouping more than half of Monday’s biggest decline in the benchmark indices since November as Bernanke defended the Fed’s policy amid solid housing and consumer confidence data. The jury is still out whether that was just a low volume dead cat bounce, or the beginning of something more. Economic activity in the …
US Indexes Break Below Major Milestone Levels As Italy And Sequestration Hit
[Chart courtesy of MarketWatch.com] US stocks turned severely lower, with the Dow Industrials and the S&P 500 suffering their sharpest one-day decline of the year, giving benchmark indexes the biggest loss since November as political instability in Italy and looming spending cuts in the US hit investor sentiment. Stocks erased early gains as partial election results suggested Italy may be …
ETFs/Mutual Funds On The Cutline – Updated Through 2/22/2013
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 359) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 2/24/2013
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 2/24/2013. Last week, I was talking about the tight trading range of the S&P 500 index and that eventually a breakout would occur. Last Wednesday, assisted by a potential threat that the Fed may water …
New ETFs On The Block: Market Vectors BDC Income ETF (BIZD)
Market Vectors, the fifth-largest US issuer of exchange-traded products sponsored by Van Eck Global, has launched the Mar Vectors BDC Income ETF (BIZD), the first exchanged-traded fund designed to offer pure-play exposure to business development companies (BDCs). Business development companies generate income by lending to, and investing in, privately-held or thinly traded public companies that tend to be below investment-grade …
ETF/No Load Fund Tracker Newsletter For Friday, February 22, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02212013/ ———————————————————— Market Commentary Friday, February 22, 2013 US STOCKS RALLY ON GERMAN DATA, EARNINGS; EUROPE SURGES US stocks fought back from the worst slump since November as a measure of German business confidence jumped to a 10-month high, eclipsing concerns that the US Federal …