ETF/Mutual Fund Data updated through Thursday, October 27, 2011 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 …
Equity ETFs Surge, But Don’t Get Too Excited
[Chart courtesy of MarketWatch.com] With the perception that Europe has perhaps now avoided disaster, markets responded with jubilation. The S&P 500 rose 3.43% while other indices such as the FTSE, Nikkei, and Shanghai Composite also rose. Meanwhile, oil got a 4.00% pop while the 10-year Treasury climbed up to 2.40%, its highest yield since early August. Also, the dollar depreciated …
The Pendulum Swings Up Again for Equity ETFs
[Chart courtesy of MarketWatch.com] Markets returned to positive territory as Europe appeared to make some progress at its financial summit, sending the S&P up 1.05%, although nothing is set in stone yet regarding a solution. In commodities, oil took a backseat after two big days, falling 2.47%. Furthermore, the dollar remained at $1.39/Euro. The VIX also dropped 7.32% to fall …
7 ETF Model Portfolios You Can Use – Updated through 10/25/2011
The markets stayed fairly even since last week’s ETF Model Portfolio report as measured by the S&P 500. Yesterday’s pullback was a result of mixed earnings and the never ending European debt saga, which helped bond ETFs. That affected the conservative portfolio (#2) the most due to its 40% exposure in that asset class. Other than that, the changes were …
ETFs Caught in a Firefight Between U.S. and Europe Problems
[Chart courtesy of MarketWatch.com] After yesterday’s gains, markets took a step back today as the S&P 500 dropped 2.00% in the wake of weak U.S. corporate earnings and nervous anticipation ahead of tomorrow’s European summit meeting. In commodities, oil and gold rose 1.73% and 2.99%, respectively. The dollar remained relatively flat against the Euro, sticking to $1.39/Euro, while volatility took …
Equity ETFs Seem To Be Ignoring Europe – Domestic Buy Signal Generated
[Chart courtesy of MarketWatch.com] Political deadlock in the wake of yesterday’s Eurozone meetings that failed to produce a definitive plan on how to deal with the continent’s mounting debt didn’t seem to faze markets in today’s trading session as the S&P 500 rose 1.29%. On the international front, the Nikkei, Shanghai Composite, FTSE, and DAX also posted gains. In relation …