If you were a bull, you must have been excited to watch the rally unfold as all major market ETFs gained strongly. But, what starts well does not always end well. This was the case today, as the morning rebound succumbed to profit taking in the afternoon in anticipation of what the Fed might announce tomorrow. Will it be the …
Greek Worries Are Still Alive—Equity ETFs Pull Back
After last week’s sharp rebound, equity ETFs were not only overbought, but also ‘over-hoped,’ as one trader put it. Concerns about a Greek default sooner rather than later, due to lack of a new austerity plan, pulled the markets lower right at the opening as selling accelerated. It looked pretty ugly for a while as several attempts to swing higher …
All Eyes Are Focused on Fed and IMF Meetings; ETF Master Cutline List – Updated through 9/16/2011
Dollar intervention efforts by global central bankers and jawboning about support for Greece proved to be the secret sauce to get the major market indexes moving higher during the past five trading days. If all-around efforts continue to assist Europe, we might even see a break out the current 6 week trading range. However, there will be headline risk, depending …
Revisiting The Lost Decade
With the markets being stuck in a trading range over the past few weeks, it’s easy to forget to once in a while look at the big picture to see where we have been and where we might be going. Doug Short produces some of the best charts in the business. He’s just updated the lost decade by comparing the …
ETF Leaders And Laggards – For The Week Ending 9/16/2011
Here is a quick ETF review of the past week’s winners and losers from my High Volume ETF Master list: From one week to the next, it can be feast or famine. That was the case with last week’s laggards, Germany and Spain, which took top billing this week, as Europe’s debt issues got swept under the carpet, while global …
ETF/No Load Fund Tracker Newsletter For Friday, September 16, 2011
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2011/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-9152011/ ———————————————————— Market Commentary Friday, September 15, 2011 FROM SELL-OFF TO REBOUND The prior week’s sell-off is now only visible in the rear view mirror, as the Major Market ETFs put the pedal to the metal and rallied for 5 straight days. As I have …