[Chart courtesy of MarketWatch.com] US equities headed sharply downhill, with benchmark indexes sliding to their lowest levels in more than five weeks as oil prices plunged and labor market data disappointed, spurring concern on economic growth ahead of Friday’s all-important nonfarm payrolls report. Before markets opened, New Jersey-based private payroll-processor ADP Research Institute reported companies hired 158,000 workers in March, …
7 ETF Model Portfolios You Can Use – Updated through 4/2/2013
While the S&P 500 only gained 0.38% since last week’s ETF Model Portfolio report, it was a gain nonetheless. With metals tanking and bond prices sinking, it has become clear that the Fed’s primary goal is to continue to lift the equity indexes so that we all can feel the wealth effect and consequently engage in rampant spending to prop …
DIA And SPY Close At Record Highs Amid Factory Orders, Cyprus Deal; Europe Rallies
[Chart courtesy of MarketWatch.com] US stock index ETFs closed higher on Tuesday, with the Dow industrials and S&P 500 finishing at record closing highs as US factory orders topped estimates and health insurers rallied after winning an increase in a key Medicare payment rate. Factory orders rose by three percent in February, boosted by demands for commercial aircraft and automobiles. …
Indexes Slip On Manufacturing Data; Treasuries Advance To Almost 4-Week High
[Chart courtesy of MarketWatch.com] US equity markets started the second quarter on a cautious note, with two benchmark indexes retreating from record highs, after a closely watched manufacturing index declined unexpectedly in March. The Tempe, Arizona-based Institute for Supply Management’s factory index fell to 51.3 in March from 54.2 in February. Any reading above 50 signals expansion. At the same …
ETFs/Mutual Funds On The Cutline – Updated Through 3/28/2013
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 349 (last week 343) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/31/2013
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 3/31/2013. Despite the uncertainty and questionable outcome of the Cyprus debacle, the US markets only took a short breather before continuing their relentless match towards higher milestones. The S&P 500 finally hit pay dirt on …