Some reality eased into the markets as the earning season started with a mixed bag and, of course, the European debt crisis is showing no signs of taking a summer siesta. The S&P 500 dropped 2.4% since last week’s ETF Model Portfolio report. Our various models held up very well due to the lack of equity exposure which, given the …
US Stocks Slip And Slide On Earnings Concerns, Spanish Debt; VIXY Edges Up, UNG Sinks
[Chart courtesy of MarketWatch.com] US stocks tumbled Tuesday with the Dow and the NASDAQ ending lower for the fourth straight day as investors became wary of corporate earnings looking softer than forecasted based on a string of weak results by technology companies. Stocks opened strong earlier over news that EU finance ministers agreed late Monday to release an initial €30 …
US Equities Go Nowhere As Jitters Grow Ahead Of Q2 Results; Merkel Seen At Wimbledon
[Chart courtesy of MarketWatch.com] US stocks finished lower Monday, extending their losing streak for the third straight day as investors became jittery on worries that profits will fall compared to the first quarter after Corporate America lowered earnings forecast as the second quarter earnings season takes off. US government debt rallied led by the 30-year bonds as Italy’s 10-year bond …
ETFs/Mutual Funds On The Cutline – Updated Through 7/6/2012
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 235 (last week 249) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 7/8/2012
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 7/8/2012. The S&P 500 ran out of stream last week after post EU summit euphoria waned while the horrific US jobs report pushed the index to a weekly loss. The outcome could have been much …
New ETFs On The Block: First Trust North American Energy Infrastructure Fund (EMLP)
Illinois-based ETF issuer First Trust has launched its first actively managed ETF that looks to latch on the tax benefits of MLPs with the North American Energy Infrastructure Fund (EMLP). The new product propels Firsts Trust into the highly competitive, but popular MLP world where there are already 10 other products managing about $8 billion in assets. Investors looking for …