Only time will tell if the Eurozone will overcome this debt crisis. However, Europe faces a near certain reality of economic stagnation. With the amount of austerity that has been put in place, prospects for growth are dire indeed. Not only is the economy likely to contract this as suggested by the IMF and others, but forward progress in the …
When Will This Greek Tragedy End?
While the markets appear impervious to the disastrous situation unfolding in Greece, we certainly are not. Although it’s difficult to quantify the impact of an adverse event in Greece on U.S. markets, Greek default is a very realistic scenario that could trigger a negative ripple effect globally. As Greece is mired in talks with its bondholders over the restructuring terms …
ETF/No Load Fund Tracker Newsletter For Friday, January 27, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01262012/ ———————————————————— Market Commentary Friday, January 27, 2012 ETFs END THE WEEK ON AN UNCERTAIN NOTE In what’s been a bit of an up and down week, the S&P 500 dropped 0.16% today. However, it’s been the 4th straight positive week for the index. With …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 01/26/2012
ETF/Mutual Fund Data updated through Thursday, January 26, 2012 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
European Concerns Return As Equity ETFs Fall
Chart courtesy of MarketWatch.com] Although today wasn’t a big mover or shaker, the S&P 500 fell 0.57%. However, some European indices such as the DAX and FTSE gained over 1%. Meanwhile, the Euro barely budged against the dollar, remaining at $1.31/Euro. The 10-year Treasury took another dip today, falling to a yield of 1.93%. Investors just don’t seem to have …
Sharp Upswing For Equity ETFs Despite Continued Negativity
[Chart courtesy of MarketWatch.com] Despite a down opening for markets, Apple’s massive earnings caused quite a roar. The S&P 500 jumped 0.87% while the NASDAQ had a big gain of 1.14% as Apple roared ahead due to stellar earnings. However, the same optimism wasn’t echoed by Europe and Asia. Furthermore, the Euro rose to $1.31 against the dollar while the …