US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election Tuesday night. Risk sentiment soured after violent protests broke out in Greece as the country’s parliament got ready to vote …
7 ETF Model Portfolios You Can Use – Updated through 11/6/2012
It’s been a roller coaster ride for the S&P 500 since last Thursday with the index coming off its recent high and rallying right back to it yesterday. Of course, there is nothing normal about this market given the Fed’s variety of stimulus efforts along with the overall anxiety about the election outcome. By the time this latest update gets …
Rally Mode Continues On Election Day; Europe Follows Suit
[Chart courtesy of MarketWatch.com] The major indexes extended gains for the second straight day Tuesday as Wall Street went into rally mode embracing the notion the uncertainty lingering over the presidential campaign will hopefully soon be over. Investors also watched the US Congressional races as the outcome will go a long way in the debate on how to address the …
Equities Log Modest Gains Ahead Of Elections; Europe Turns Lower On Greece
[Chart courtesy of MarketWatch.com] US equities posted modest gains Monday as investors turned cautious ahead of what’s expected to be a tight presidential election Tuesday. Earlier losses were driven by concerns over a worsening European debt crisis. Greek Prime Minister Antonis Samaras will fight it out in the parliament later this week seeking another round of tax hikes and spending …
ETFs/Mutual Funds On The Cutline – Updated Through 11/2/2012
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 308 (last week 305) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 11/04/2012
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 11/04/2012. With the markets only being open for 3 days this past week, thanks to hurricane Sandy, we saw some aimless meandering as Thursday’s rally shifted into reverse on Friday and, as a result, the …