[Chart courtesy of MarketWatch.com] The major market indexes mostly rose Thursday, with the Dow Jones gaining for a fifth day and the S&P 500 briefly topping the 1,500 mark as an unexpected drop in unemployment claims and upbeat corporate results offset the worst decline for Apple Inc in four years. Apple Inc slumped 12 percent to $450.50 after reporting the …
7 ETF Model Portfolios You Can Use – Updated through 1/22/2013
The theme remained the same in that the indexes continued their relentless march into higher territory with the S&P 500 adding another 1.4% since last week’s ETF Model Portfolio report. It’s almost impossible to find a pullback in the indexes intraday in order to establish new positions. On a couple of occasions, I had maybe 15 minutes to place some …
The Relentless Equity March Continues; Europe Slips
[Chart courtesy of MarketWatch.com] US stocks gained Tuesday with the S&P 500 and the Dow finishing at fresh five-year highs amid better-than-expected quarterly results from corporations including insurer and Dow component Travelers Cos Inc. Equity averages were briefly dented earlier, offering the only buying opportunity of the day, after a report from the National Association of Realtors showed US existing-home …
ETFs/Mutual Funds On The Cutline – Updated Through 1/18/2013
ETFs/Mutual Funds On The Cutline – Updated Through 1/18/2013 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 373 (last week 363) of …
Last Week In Review: ETF News And Blog Posts To 1/20/2013
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 1/20/2013. Despite option expiration day last Friday, trading did not show much volatility for the first few days until the S&P 500 broke out to the upside and ended up gaining about 1% for the …
One Man’s Opinion: Will Fiscal Tightening Cause A Recession In 2013?
Fiscal tightening won’t cause a recession in 2013, says Michael Darda, chief economist and chief market strategist at MKM Partners. The latest unemployment benefit claims number fell to a five-year low and is a leading indicator for the labor market. Housing starts are strong though they are at a low level. The upswing is gaining momentum indicating some firming rather …