[Chart courtesy of MarketWatch.com] Equity ETFs closed mixed Thursday, with the broad market recouping losses in late trading as investors remained uncertain amid today’s lackluster economic report and the ongoing negotiations in Europe that may ultimately push Greece out of the single-currency union. It was almost a repeat of yesterday’s afternoon rebound but less dramatic. Domestic economic numbers failed to …
US Stocks Fight Back Clinging To Rumors After Sharp Initial Fall; GLDX Glitters, GAZ Sinks
[Chart courtesy of MarketWatch.com] US stocks fought back in the final hour of trading Wednesday despite witnessing sharp declines with the NASDAQ and the S&P 500 reclaiming the green territory even though the threat of a possible Greece exit continues hang over the markets. If things look desperate, hanging on to the latest rumor can restore momentum as ZeroHedge points …
7 ETF Model Portfolios You Can Use – Updated through 5/22/2012
Thanks to Monday’s dead cat bounce, if that’s what it was, the S&P 500 only leaked to a loss of some 1% since last week’s Model ETF Portfolio update. Initial euphoria in regards to “Fallbook’s” IPO last Friday has vanished, and it now appears that the masses have been slaughtered as the IPO price from 3 days ago remains nothing …
Major Market ETFs In Stall Speed As Concern Over Europe Lingers; VXX Soars, GDXJ Tanks
[Chart courtesy of MarketWatch.com] Wall Street closed flat Tuesday despite surging in early trade as worries over Europe overshadowed upbeat US economic reports. The above chart says it all. The markets turned choppy in the last hour of trading as Dow Jones Newswire reported that former Greek Prime Minister Lucas Papademos has said Greece is preparing to leave the 17-member …
ETFs/Mutual Funds On The Cutline – Updated Through 5/18/2012
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 157 (last week 274) of them are hovering in bullish territory. The second report …
Taking Stock: Emerging Markets Dollar Denominated Bond ETFs
As global economies continue to stutter with little growth expected from the developed European nations, the emerging markets are expected to drive global growth in the decades to come. Emerging markets currently contribute 30 percent of global GDP which will only grow in the future. Emerging market bonds are perceived as riskier, which is rewarded by higher returns. However, many …