[Chart courtesy of MarketWatch.com] US stocks extended gains for the second day in three as earnings by tech stocks lent an assist in helping the rally of the indexes to continue for the time being. The Dow Jones Industrial Average (DJIA) jumped 103 points with chipmaker Intel Corp (INTC) posting its biggest single-session gain since November 30. Not that Intel …
7 ETF Model Portfolios You Can Use – Updated through 7/17/2012
After the sharp loss during the prior week, the markets managed a turnaround from an oversold condition with the S&P 500 rallying some 1.7% since last week’s ETF model portfolio report. All eyes were on the Fed’s semiannual testimony yesterday and, while much jawboning went on, traders were disappointed that the next round of QE appeared not to be imminent. …
Domestic Stocks Rise In Choppy Trade On Some Solid Q2 Earnings But No QE; PGJ Sinks
[Chart courtesy of MarketWatch.com] Domestic stocks ratcheted higher Monday even though Fed Chairman Ben Bernanke gave no hint that another round of assets purchase is imminent, so investors overcame disappointment and focused on consensus-beating economic reports and positive second-quarter earnings news. The Dow Jones Industrial Average (DJIA) settled 78.33 points higher in a choppy market after sinking as much as …
US Equities Leak As Retail Sales Disappoint; CORN Pops
[Chart courtesy of MarketWatch.com] US equities finished lower Monday as retail sales dropped unexpectedly for the third straight month, even though economists had forecasted a slight increase, raising concerns about the economic recovery that ultimately pushed down two of the three indexes for the seventh session in last eight. US Treasury five-year yields fell to a record low of 0.60 …
ETFs/Mutual Funds On The Cutline – Updated Through 7/13/2012
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 196 (last week 235) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 7/15/2012
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 7/15/2012. A lot of bobbing and weaving in the markets, but Friday’s rebound pulled the major indexes to within the unchanged line. Europe was relatively quiet, so it was somewhat amazing to see the S&P …