[Chart courtesy of MarketWatch.com] US stock indexes extended losing their streak Thursday, dropping to their lowest levels since 2010 with the blue-chip Dow halting its winning streak in May. Investor sentiment sank following a report from payroll-services firm ADP that showed US companies added fewer jobs in May than the forecasted 157,000. At 133,000, unemployment rate is expected to remain …
US Stocks Slide As Spanish Storm Looms; ZROZ Soars,
[Chart courtesy of MarketWatch.com] US stocks ended in the red Wednesday, losing more than one percent after reports suggested that the European Central Bank has rejected the recently nationalized Bankia group’s bailout plea. The ECB issued a statement Wednesday stating it was not consulted and can’t recapitalize Spain’s fourth largest bank. US Treasuries soared as investors sought refuge in safe …
7 ETF Model Portfolios You Can Use – Updated through 5/29/2012
The prior week’s loss of 1% was made up yesterday as the markets rebounded by 1.1% since last Wednesday’s ETF Model Portfolio report. Fundamentally nothing has changed other than that the ECB was expected to reveal some new secret potion on Tuesday designed to solve the issues that ail Europe. Of course, this was based on nothing but rumors and …
Equity ETFs Rebound On Week’s First Trading Day; CHIM Vaults, VXX Tanks
[Chart courtesy of MarketWatch.com] As recent polls suggested that Greece is moving towards honoring its commitments ahead of next month’s elections, US stocks rose one percent Tuesday even as US consumer confidence reading dropped unexpectedly in May and home prices dipped further. Sentiment was buoyed further as investors hoped that central banks globally would provide further stimulus and China would …
ETFs/Mutual Funds On The Cutline – Updated Through 5/25/2012
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 215 (last week 157) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 5/27/2012
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 5/27/2012. Finally, the S&P 500 managed to surprise to the upside by gaining 1.7% for the week after what seems like endless losses. The Greek saga managed to make headlines again and front page news …