More of the same as the equity index ETFs were pushed into the nosebleed section with the S&P 500 gaining seven days in a row before surrendering a jaw dropping 4 points yesterday. Nevertheless, this benchmark is within striking distance of following the Dow by taking out its 2007 high. So far, this has not been the year of bond …
Stocks Close Mostly Lower, But Dow Hits Record; European Stocks End Flat
[Chart courtesy of MarketWatch.com] US stocks closed mostly lower Tuesday as the S&P 500 snapped a seven day winning spree, but the blue-chip Dow Industrials staged a late-session turnaround to finish at a record high for the sixth straight day. Meanwhile, amid the continuing saga of Washington’s budget wars, House Republicans introduced a plan to cut the deficit to $528 …
ETFs/Mutual Funds On The Cutline – Updated Through 3/8/2013
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 344) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/10/2013
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 3/10/2013. Upward momentum picked up speed again, as the benchmark S&P 500 index gained every day this week for a total of +2.17% since last Friday’s close. Bond prices have been slipping, meaning rates have …
New ETFs On The Block: First Trust High Yield Long/Short ETF (HYLS)
First Trust Advisors, the Illinois-based provider of exchange traded funds (ETFs), has unveiled the First Trust High Yield Long/Short ETF (HYLS), an actively managed high-yield bond ETF designed to provide investors with capital appreciation and current income. Investors worried about an interest rate hike later this year or next year, can consider this product for hedge against interest rate risk. …
ETF/No Load Fund Tracker Newsletter For Friday, March 8, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03072013/ ———————————————————— Market Commentary Friday, March 8, 2013 MARKET INDEXES GAIN MORE THAN 2 PERCENT FOR THE WEEK; EUROPE RISES ON US JOBS DATA US indexes notched weekly gains of more than 2 percent as the Dow Industrials and the S&P 500 closed higher for …