The markets picked up a little upward momentum since last week’s issue with the S&P 500 gaining about 1.5%. The seven ETF Model Portfolios increased in value as well. All eyes continue to focus on Greece and whether a suitable haircut with bond holders can be worked out. Looks to me that Greece is finally playing hardball as the possibility …
Still No Breakout or Breakdown for Major Market ETFs
[Chart courtesy of MarketWatch.com] Major market ETFs hovered near the zero mark once again as Greece remains in a deadlock with its creditors. The S&P 500 marginally dipped 0.10% while European indices were down as well. Also, the Euro stood still at $1.30/Euro while the 10-year Treasury was virtually unchanged at 2.06%. Overall, the last couple weeks have presented an …
Flat Performance for ETFs Amidst Greek Uncertainty
[Chart courtesy of MarketWatch.com] As we wait for a resolution between Greece and its bondholders, markets stood flat as the S&P 500 chimed in a meager 0.05%. Meanwhile, the 10-year Treasury climbed to a yield of 2.07%, indicating that investors are less risk averse than they have been in recent weeks. For the first time in over two weeks, the …
ETFs/Mutual Funds On The Cutline – Updated Through 1/20/2012
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 264 (last week 214) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 1/22/2012
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 1/22/2012. The markets inched higher apparently following the mantra that, if globally things look poorly from an economic standpoint, and there is a wall of worry, it can be climbed. While it’s nice to see …
Despite This Week’s Bullishness, Risk Hasn’t Faded Away
Markets performed quite well this week across the globe, but let’s not get our hopes up so high. European fundamentals still haven’t markedly changed while Greece’s fate is still in the hands of its bondholders. In other words, don’t jump full on into equity ETFs. This week’s video from Nouriel Roubini and Ian Bremmer highlights some of the risks plaguing …