European debt worries and bank problems certainly have not gone away; they were merely put on hold today with no negatives hitting the newswires. As a result, the domestic markets seesawed but managed to close higher for the second day in a row. However, the health of a variety of European banks is still of great concern and may come …
Bouncing Off The Support Level—Major Market ETFs Stage A Rebound
You never know if a white knight can suddenly appear with enough powers to pull the major indexes out of a deep hole. That was the case today, as the S&P 500 was bouncing around its major support level of 1,140, which was briefly violated, when news broke that Italy is talking to Chinese Investors about buying some of its …
Precious Metal And Bond ETFs Remain The Leaders; ETF Master Cutline List – Updated through 9/9/2011
With the S&P 500 losing another -1.70% since the last ETF Master Cutline Report, it’s no surprise to see the number of ETFs above the line reduced further. Currently, there are 34 ETFs positioned in bull market territory and 362 below the line and in bear market territory. In a repeat from the prior week, precious metals occupy the top …
Last Week In Review: ETF News And Blog Posts To 9/11/2011
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 9/11/2011. The European debt crisis accelerated this past week and pulled world markets sharply lower. As I have mentioned before, that fact is not really news, but the timing of it is. I would expect …
The Mistakes Of 2008 – Will They Be Repeated Again?
It’s still everyone’s guess as to whether there will be repeat of 2008, or if we will be weathering the current global economic storms unscathed. The WSJ (subscription required) implied in “Refresher Class: The Lessons of 2008 Are Timely Again” that lessons were actually learned, yet their recommendations do not seem to reflect that fact: Investors learned tough lessons as …
ETF Leaders And Laggards – For The Week Ending 9/9/2011
With Europe capturing most of the attention, although negatively, it’s no surprise that this area dominates the Laggards column. With the Swiss attempting to peg their Francs (FXF) to the Euro, they took the top spot on the downside with a loss of -10.66%. Currency interventions rarely last for any length of time before they resume their natural trend. Time …