Credit Suisse launched a new exchange-traded note (ETN) last month that offers investors exposure to price movement of gold in addition to monthly income distributions. The Credit Suisse Gold Shares Covered Call ETN (GLDI) is the first gold fund in the US that deploys a covered call strategy. GLDI is linked to the Credit Suisse NASDAQ Gold FLOWS 103 Index, …
ETF/No Load Fund Tracker Newsletter For Friday, February 8, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02072013/ ———————————————————— Market Commentary Friday, February 8, 2013 US AND EUROPE RISE ON TRADE DATA US stocks advanced Friday on strong trade data, pushing the S&P 500 to the highest level since November 2007 though the Dow Industrials retreated for the week, snapping a five-week …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 02/07/2013
ETF/Mutual Fund Data updated through Thursday, February 7, 2013 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Stock Indexes Lose Steam; Europe Drifts Lower On Draghi
[Chart courtesy of MarketWatch.com] After a two-day advance, US stock indexes drifted lower today as investors lost risk appetite following the release of mixed economic reports, and European policy makers warned a strong euro could hamper the region’s recovery. On the economic front, applications for weekly jobless benefits dropped to 366,000, down 5,000 from the previous week but above forecasts, …
Index ETFs Rise On Earnings; Europe Slips On Italian Austerity Worries
[Chart courtesy of MarketWatch.com] US indexes finished slightly higher Wednesday, recouping early losses as better-than-forecast earnings eclipsed concerns over Europe’s debt crisis ahead of tomorrow’s European Central Bank meeting in Frankfurt. Equities had slumped earlier amid concerns Europe’s debt crisis may get worse. An opinion poll in Italy showed former Premier Silvio Berlusconi’s anti-austerity campaign has boosted his popularity before …
7 ETF Model Portfolios You Can Use – Updated through 2/5/2013
Sitting above and trying to hold on to the 1,500 S&P level was the theme of the past week, as the benchmark index managed to add 3 points since last week’s ETF Model Portfolio was published. Although that’s not the entire story as the S&P dropped 17 points on Monday only to regain 15 of them back on Tuesday. Maybe …