[Chart courtesy of MarketWatch.com] Major Market ETFs advanced on Thursday, pushing the S&P 500 index past the 1,400 level for the first time since June 2008, as better-than-expected economic data reinforced the recovery theory. Latest data showed jobless claims dropping to their lowest level in four years, manufacturing activity picking up and headline inflation being put under control. Treasuries ended …
US Stock ETFs End Mixed; TBT Jumps, GDXJ Sinks
[Chart courtesy of MarketWatch.com] Supported by technology sector, the Dow (DJIA) logged in its sixth day of gains as US stocks ended mixed Wednesday. The S&P 500 however, closed lower after a day of big advances as investors remained edgy following Tuesday’s stress-test results of US banks. The Dow Jones Industrial Average climbed 0.1 percent to end at 13,194.10. The …
7 ETF Model Portfolios You Can Use – Updated through 3/13/2012
Yesterday’s rally pushed the S&P 500 within shouting distance of its psychologically important 1,400 level, while the Dow and Nasdaq already have onquered their milestones of 13,000 and 3,000 respectively. Since last week’s ETF Model Portfolio report, the S&P 500 has added 3.95%, which makes me wonder how much room there is left to the upside given the general global …
Major Market ETFs Rally On Better Retail Sales Data; URA Rises, VXX Sinks
[Chart courtesy of MarketWatch.com] US stocks rallied late Tuesday with the NASDAQ Composite Index topping the 3,000 level for the first time since Nov. 15, 2000, ahead of an earlier-than-due release of Federal stress-test results of the nation’s biggest banks. JP Morgan Chase’s announcement of higher dividends, better retail sales number in February, and the Fed’s decision to continue with …
ETFs/Mutual Funds On The Cutline – Updated Through 3/9/2012
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 356 (last week 365) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/11/2012
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 3/11/2012. Last Tuesday’s sell off took the starch out of upward momentum but, so far, it turned out to be a one day pullback, as the major indexes recovered and recouped their losses over the …