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 …
To Be or Not To Be Back In Equity ETFs
Last week’s market run-up has probably got you thinking whether you should head back into equities. While the short-term positive trend in equities looks promising, the long-term trend is still well into bear territory, especially given the uncertain long-term future of the Eurozone and other negative global economic developments. On this basis, I suggest remaining out of equities. Nevertheless, it …
Last Week In Review: ETF News And Blog Posts To 10/9/2011
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 10/9/2011. A rebound from a deeply oversold condition, along with some not too bad economic data, pulled the major indexes out of the doldrums with the S&P 500 gaining 2.12%. As the global economy reaches …
Saying It Like It is: A Trader’s Perspective
Hat tip goes to reader Laren for the link to the video below. It features an interview by BBC with an independent trader that left some of their staff speechless. However, a lot of what this trader says has merit. Even if you don’t agree with his analysis or suggestions how to benefit from a down market, you need to …
ETF Leaders And Laggards – For The Week Ending 10/7/2011
Here is a quick ETF review of the past week’s winners and losers from my High Volume ETF Master list: After Monday’s drubbing, equity ETFs reversed their downtrend trend abruptly and powered higher supported by economic news that were interpreted as “not as bad” as they could have been. That soothed traders’ nerves and produced a nice rebound from a …