Volatility was an ever present companion during the past five trading days as the markets slipped but then managed to re-gain last week’s losses over the past two days with the S&P 500 adding 4 points since the last ETF Model Portfolio report. Earnings were mixed in general so far but Wall Street’s focus was on bad is good and …
Markets Crash Briefly Over White House Bomb Fake
[Chart courtesy of MarketWatch.com] Equities logged a third straight day of gains in late trading Tuesday. Midday, the indexes took steep nosedive (see chart above) following a false AP tweet that indicated that the White House had been the victim of an explosion and that President Obama had been injured. AP confirmed its Twitter account was hacked. Almost immediately following …
Starting The Week On A Positive Note Despite Negative Data
[Chart courtesy of MarketWatch.com] The market returned from the weekend with some modest gains, after the biggest weekly loss in five months for the Standard & Poor’s 500 Index. The S&P 500 increased 0.5 percent while the Dow Jones Industrial Average rose a meager 0.1%. Energy and materials shares were among the best performers of the day on the S&P …
ETFs/Mutual Funds On The Cutline – Updated Through 4/19/2013
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 322 (last week 346) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 4/21/2013
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 4/21/2013. Things started off very shaky as the major indexes took a steep dive on Monday, recovered on Tuesday only to be spanked again on Wednesday. Some stability returned to the markets as upward momentum …
New ETFs On The Block: Credit Suisse Silver Shares Covered Call ETN (SLVO)
To offset the downside risks of precious metals as prices come under increasing pressure, Credit Suisse has launched a silver exchanged traded note that aims to generate income through a covered call options strategy. The Credit Suisse Silver Shares Covered Call ETN (SLVO) provides exposure to the iShares Silver ETF (SLV) and is the first exchange-traded product in the US …