ETF/Mutual Fund Data updated through Thursday, October 13, 2011 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 8/9/2011 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 …
Major Market ETFs in a State of Flux as Gains Decelerate
[Chart courtesy of MarketWatch.com] Following a recent wave of optimism, markets began to slightly retreat today after yesterday’s relatively flat performance. The S&P fell 0.3% although the NASDAQ rose 0.60% due to positive tech news, further bolstered by Google’s greater than expected third quarter earnings, resulting in a 6% boost in after hours trading that might carry on into tomorrow. …
Another Day in the Green – Is This Cause for Changing Your ETF Strategy?
[Chart courtesy of MarketWatch.com] Although not a huge day, markets remained in the green, with the S&P 500 rising 0.98% and the dollar continuing its downward slide against the Euro to $1.38/Euro. Again, volatility decreased significantly, with the VIX falling 4.87%. This recent market run-up beckons the question of whether one should dive in and seek to capitalize on this …
7 ETF Model Portfolios You Can Use – Updated through 10/11/2011
The markets staged a recovery since last week’s report and surged from the low point of the trading range back to the upper part, but not close enough to demonstrate a break out to the upside. I displayed the S&P 500 graph in Tuesday’s market commentary. With all portfolios, we continue to be in a holding pattern waiting for new …
Quieter Day for ETFs, But That May Change Very Soon; Trading Range Still Intact
It was a somewhat uneventful day as markets ended relatively flat from the S&P to commodities and exchange rates. Is this a sign of a sea change following a week of up days? It just might be. Leaving Europe aside, the start of the earnings season kicked off rather disappointingly, which is likely to be reflected in tomorrow’s trading session. …
Market Euphoria Shouldn’t Change Your ETF Strategy
Last week’s market gains continued through today, as major indices posted large gains (S&P 500 up 3.41%) while oil and gold experienced sizeable pops (3.40% and 2.59%, respectively), and the dollar sharply depreciated against the Euro ($1.36/Euro). Although a long-term debt overhaul plan in Europe isn’t fully in place, and I have to question whether it actually ever will, the …