ALPS, the Denver, Colorado-headquartered asset management firm with $7.6 billion in assets has teamed up with Goldman Sachs to launch a suite of exchange traded funds based on GS’ proprietary indexes. The four ETFs allocate assets based on market volatility and are engineered to follow active management styles. Three of the new ETFs are based on GS’ “Momentum Builder” framework, …
ETF/No Load Fund Tracker Newsletter For Friday, January 4, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01032013/ ———————————————————— Market Commentary Friday, January 4, 2013 S&P 500 ENDS WEEK AT HIGHEST LEVEL SINCE 2007; EUROPE RISES ON US JOBS DATA US stocks closed higher Friday with the S&P 500 index rising to its highest closing level since December 2007 after data showed …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 01/03/2013
ETF/Mutual Fund Data updated through Thursday, January 3, 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 …
Fed Minutes End Euphoric Rally; Europe Rises
[Chart courtesy of MarketWatch.com] US equities slipped slightly following the S&P 500 index’s biggest rally in a year as minutes from the Fed’s December meeting showed some policy makers were mulling whether to wrap-up its $85 billion monthly bond purchase program before the end of this year. What that means is that QE punch bowl addicted crowd may no longer have the …
Cliff Deal Reached—But Where’s The Meat?
[Chart courtesy of MarketWatch.com] Sure, the much feared slide down the fiscal cliff was avoided at the last minute, but the euphoric relief rally in the markets will likely be temporary in nature. Last time the S&P 500 gained some 60 points in 2 trading days, over 70% of it was given back within the next week. Upon closer inspection …
7 ETF Model Portfolios You Can Use – Updated through 12/31/2012
A roller coaster ride best describes the market activity of the past week, during which the S&P 500 gave back 4 points as the fiscal cliff ‘on-and-off’ negotiations pushed the benchmark index all over the chart. In the end, it was a year during which equities came out ahead while balanced portfolios lagged behind. Our best model ETF portfolio performer …