Due to this week’s closure of the markets on Monday and Tuesday, as a result of hurricane Sandy, all ETF model portfolios have been updated through last Friday, October 26. Since this only represents 3 days of data, during which the S&P 500 ended up literally unchanged, the models moved only slightly. Hopefully, we’ll be back to a normal schedule …
US Markets To Reopen Wednesday; BP, Deutsche Bank Lift Europe
[Chart courtesy of MarketWatch.com] Traders are bracing for a volume surge Wednesday when US stock markets reopen after being shuttered for two days to deal with the devastating effects of Hurricane Sandy that triggered an unexpected shutdown on Wall Street. An average of 3.5 billion shares have been changing hands everyday throughout much of the month, but traders say that …
Sandy Shuts Down Markets For Two Days; Europe Drifts Lower On Earnings, Hurricane Fear
[Chart courtesy of MarketWatch.com] US stock markets will be closed for the second straight trading day on Tuesday as Wall Street assesses the impact of Hurricane Sandy. Exchange officials chose to suspend operations for the first time in 27 years Monday on safety concerns as Sandy lumbered towards the East Coast, bringing potentially devastating winds and surging waters. The major …
ETFs/Mutual Funds On The Cutline – Updated Through 10/26/2012
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 305 (last week 339) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 10/28/2012
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 10/28/2012. It was a different story this week as continued unimpressive earnings and guidance, uncertainty about the election and the usual host of European issues came to the forefront and pulled the major indexes lower. …
New ETFs On The Block: SSGA S&P 1500 Momentum Tilt ETF (MMTM) And S&P 1500 Value Tilt ETF (VLU)
State Street Global Advisors, the Boston-based second largest US provider of exchange traded funds has expanded its offering by two with new funds focused on the S&P 1500 index. State Street, a major player with over 100 different funds in its portfolio, has nearly quarter of a trillion dollars in assets under management. The latest funds, while tracking the S&P …