Another volatile five trading sessions, but the week ending rally saved the day as the S&P 500 only lost 0.31%. Uncertainty about the Fed’s possible tapering continued, while interest rates are inching higher wreaking havoc with some of the bond ETFs. Even VNQ was hit hard, triggered our trailing sell stop and was sold on 6/5/13. So far, equity indexes, …
All Red—All Day
[Chart courtesy of MarketWatch.com] Stocks slid in a volatile session today, followed the global concerns surrounding the limits of additional stimulus from central banks from around the world. Major indexes fell more than 1 percent after the open but shaved most of the losses by midday to flirt with positive territory, only for the selling to resume towards the session’s …
No Convictions—Markets Slip In Quiet Session
[Chart courtesy of MarketWatch.com] Major market index ETFs had an up and down Monday as they moved above and below the flat line in choppy action, finishing mixed and nearly flat, as a plethora of divergent global economic data and an empty domestic docket met an upgrade of the U.S.’ credit rating outlook by Standard & Poor’s. The market did …
ETFs/Mutual Funds On The Cutline – Updated Through 6/7/2013
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 313 (last week 316) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 6/9/2013
In case you missed it, here’s a summary of the ETF topics and market commentaries I posted to my blog during the week ending on 6/9/2013. It was a roller coaster ride on Wall Street, as the bears took over for the first time in a while, but the bulls battled back and, in the end, all losses were recovered …
New ETFs On The Block: Wisdomtree US Dividend Growth Fund (DGRW)
WisdomTree, the New York-based exchange-traded fund sponsor best known for its fundamental indexes, has further enhanced its offering of dividend focused ETFs with the recent launch of a dividend payout fund that tracks US companies showing good dividend growth prospects. The new product, the WisdomTree US Dividend Growth Fund (DGRW), is likely to compete with other funds in the dividend …