[Chart courtesy of MarketWatch.com] The US equity rally faded after three straight up days with Wall Street turning cautious even as the Dow industrials and S&P 500 managed to stay in the green while the NASDAQ slipped. European stocks ended marginally higher as Europe chose to ignore the region’s negative economic data and focus on the possibility of an early …
7 ETF Model Portfolios You Can Use – Updated through 8/7/2012
Continued optimism that the ECB would act ‘real soon’ to contain the euro debt crisis powered equities higher over the past week with the S&P 500 closing slightly above the 1,400 level for the first time since May. Obviously, as is always the case at this time of the year, trading volume has been extremely light, which can easily exaggerate …
Equities Edge Higher On QE Addiction—What If The ECB Does Not Deliver?
[Chart courtesy of MarketWatch.com] US equities surged higher Tuesday, extending gains for the third straight day with the S&P 500 clipping the 1,400 mark and the NASDAQ sitting atop 3,000 for the first time in three months on hopes the European Central Bank will intervene soon to halt rising Spanish and Italian borrowing costs. Let me be clear again. Markets …
Major Indexes Extend Weekending Rally Even As Europe Dithers; TAN Shines, VIXY Fades
[Chart courtesy of MarketWatch.com] Major market indexes closed higher Monday extending Friday’s rally as investors remained positive over news of lower Spanish and Italian borrowing costs and a stronger-than-expected jobs report last Friday. The Dow Jones Industrial Average (DJIA) rose 21 points paring the day’s 91-point gain. Within the Dow, the breadth remained positive with 19 of the index’s 30 …
ETFs/Mutual Funds On The Cutline – Updated Through 8/3/2012
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 283 (last week 265) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 8/5/2012
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 8/5/2012. In a repeat from the prior week, the S&P 500 dropped four days in a row only to make up all and then some on Friday ending the past five trading days slightly to …