[Chart courtesy of MarketWatch.com] US stocks closed flat despite the domestic economy showing signs of improvement and Europe appearing less toxic. Early gains for the day, after stronger-than-expected housing data came in, were offset by a pullback in the energy sector. The Dow Jones Industrial Average (DJIA) shed 0.01 percent, to end at 12,982 while the S&P 500 managed to …
ETFs/Mutual Funds On The Cutline – Updated Through 2/24/2012
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 360 (last week 353) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 2/26/2012
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 2/26/2012. Meandering with an upside bias best describes the trend of the past week. The major indexes have reached a crucial point which, if broken to the upside, could mean further advances and confirmation of …
Equity Markets Are Witnessing A Rally Now. Is It Driven By Fundamentals?
Markets in the US have touched June highs since 2008, and the Dow is flirting with 13,000. Is the equity market witnessing a bull run, particularly since the start of this year? Or is the market overpriced and a pullback is imminent? The S&P is up eight percent year-to-date and nearly 25 percent since October 2011 lows. Some of the …
A Week Of Small Gains For the Major Market ETFs — Lofty Levels May Cause More Volatility
Wall Street witnessed another week of volatile trading though US stock indexes made weekly gains on Friday and the S&P 500 Index closed at its highest level since June 2008 after consumer confidence and home sales reports topped expectations. The earnings season is drawing to a close and markets next week will probably be more macro-economic news driven. So far …
ETF/No Load Fund Tracker Newsletter For Friday, February 24, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02232012/ ———————————————————— Market Commentary Friday, February 24, 2012 MAJOR MARKET INDEXES END WEEK HIGHER, ENERGY LINKED ETFS SHINE AS CRUDE PRICES INCH HIGHER Wall Street stocks ended the week higher on Friday as better-than-expected economic data continued to flow in. The enthusiasm was somewhat tempered, …