[Chart courtesy of MarketWatch.com] Wall Street closed flat Tuesday despite surging in early trade as worries over Europe overshadowed upbeat US economic reports. The above chart says it all. The markets turned choppy in the last hour of trading as Dow Jones Newswire reported that former Greek Prime Minister Lucas Papademos has said Greece is preparing to leave the 17-member …
ETFs/Mutual Funds On The Cutline – Updated Through 5/18/2012
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 157 (last week 274) of them are hovering in bullish territory. The second report …
Taking Stock: Emerging Markets Dollar Denominated Bond ETFs
As global economies continue to stutter with little growth expected from the developed European nations, the emerging markets are expected to drive global growth in the decades to come. Emerging markets currently contribute 30 percent of global GDP which will only grow in the future. Emerging market bonds are perceived as riskier, which is rewarded by higher returns. However, many …
ETF/No Load Fund Tracker Newsletter For Friday, May 18, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05172012/ ———————————————————— Market Commentary Friday, May 18, 2012 US STOCKS EXTEND LOSSES AS FACEBOOK EUPHORIA EVAPORATES; VXX GAINS, KCE SINKS US stocks closed lower Friday with the broad markets closing out the worst week of the year. Despite Facebook’s much talked about IPO today, shares …
Major Market ETFs Extend Losses On Weak Economic Data; GDX Soars, IWM Slips
[Chart courtesy of MarketWatch.com] Major market ETFs got spanked on Thursday closing lower for the fifth straight day with the Dow industrials retreating for the 11th out of 12 sessions when the Philly Fed manufacturing index contracted unexpectedly to -5.8 in May from 8.5 in April as export growth slowed. Treasury 10-year yields headed towards record lows as Greece’s future …
US Stocks End Lower Despite Decent Economic Data; UNG Jumps, PSTL Slides
[Chart courtesy of MarketWatch.com] Robust US economic data on factory output and housing failed to halt the broad slide as US stocks closed lower Wednesday for the fourth straight trading session. Though the day had started off strongly, but concerns over Greece weighed on investor sentiments and down we went. Yield on the benchmark 10-year Treasuries sank to a seven-month …