New York City-based ETF issuer Global X, famous for its focus on income and sector funds, continues to push ahead with high yield products with its latest product, the SuperIncome Preferred ETF (SPFF). The fund seeks to replicate the S&P Enhanced North American Preferred Stock Index that includes about 50 preferred stocks and is the firm’s first venture into the …
ETF/No Load Fund Tracker Newsletter For Friday, July 20, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07192012/ ———————————————————— Market Commentary Friday, July 20, 2012 US STOCKS SNAP THREE-DAY WINNING STREAK AS SPAIN MOVES ONTO THE BAILOUT MENU; VIXY LEAPS, EWP CRASHES Domestic equities snapped its three-day winning streak to close lower Friday on reports of record high 10-year Spanish bond yields …
Upward Momentum Slows But Equities Eke Out A Gain On Tech Earnings; USO Pops, VIXY Drops
[Chart courtesy of MarketWatch.com] Equities managed to close higher for the third consecutive day as good tech earnings lifted investor mood in an otherwise murky day overshadowed by disappointing economic readings. Investor sentiment also strengthened after Germany’s Bundestag voted in favor of a €100 billion bailout package for Spain meant to recapitalize Madrid’s stricken banks. The Dow Jones Industrial Average …
The Rally Monkey Feasts On Tech Earnings, Bernanke Testimony; PXQ Soars, GDX Sinks
[Chart courtesy of MarketWatch.com] US stocks extended gains for the second day in three as earnings by tech stocks lent an assist in helping the rally of the indexes to continue for the time being. The Dow Jones Industrial Average (DJIA) jumped 103 points with chipmaker Intel Corp (INTC) posting its biggest single-session gain since November 30. Not that Intel …
7 ETF Model Portfolios You Can Use – Updated through 7/17/2012
After the sharp loss during the prior week, the markets managed a turnaround from an oversold condition with the S&P 500 rallying some 1.7% since last week’s ETF model portfolio report. All eyes were on the Fed’s semiannual testimony yesterday and, while much jawboning went on, traders were disappointed that the next round of QE appeared not to be imminent. …
Domestic Stocks Rise In Choppy Trade On Some Solid Q2 Earnings But No QE; PGJ Sinks
[Chart courtesy of MarketWatch.com] Domestic stocks ratcheted higher Monday even though Fed Chairman Ben Bernanke gave no hint that another round of assets purchase is imminent, so investors overcame disappointment and focused on consensus-beating economic reports and positive second-quarter earnings news. The Dow Jones Industrial Average (DJIA) settled 78.33 points higher in a choppy market after sinking as much as …