[Chart courtesy of MarketWatch.com] U.S. stocks ended lower Monday despite the service-sector gauge advancing in February. The Institute for Supply Management’s non-manufacturing index came in better-than-expected. However, its employment index dropped, while the inflation-measuring price index jumped in January. Not helping the markets were the Chinese lowest growth target in eight years for 2012 and a survey that showed a …
ETFs/Mutual Funds On The Cutline – Updated Through 3/2/2012
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 365 (last week 360) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/4/2012
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 3/4/2012. The major indexes drifted sideways but maintained their slightly upward bias from the prior week. I would expect this churning to continue until a new driver emerges to push this market higher. A host …
The Economic Indicators Continue To Impress, Time For Celebrations?
Data released by the government this week indicates the economy has started performing and the ghost of the subprime crisis has been (allegedly) buried at last. The confidence in the economy has been reinforced to some degree by Fed Chairman Ben Bernanke’s refusal to initiate another round of quantitative easing (QE3). Is the economy on a true recovery path? Can …
Weekly Round-Up: Indexes Trading At Multi-Year Highs, Fundamentals Looking Better; Europe And Energy Prices Worry
US markets lost some of the sheen on Friday though performance for the week remained steady. Most of the indexes are either at a multi-year high or at sniffing distance from them. Commodities got some pounding though during the week. Energy had started off the week on a high with oil hovering around $110 a barrel, a multi-month high. By …
ETF/No Load Fund Tracker Newsletter For Friday, March 2, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03012012/ ———————————————————— Market Commentary Friday, March 2, 2012 U.S. INDEXES SNAP WINNING STREAK; XLE SLUMPS AS OIL SINKS; GAZ BURNS BRIGHT The Dow Jones Industrial Average (DJIA) snapped a three week winning streak as indexes closed lower on Friday. Treasuries advanced for the first time …