[Chart courtesy of MarketWatch.com] Markets were in a state of flux today as the S&P 500 bumped up only 0.32%. Nevertheless, the Euro remained at $1.30/Euro while commodities didn’t fluctuate tremendously. Pretty much, the outlook hasn’t brightened any more today. However, on the Asian front, markets took somewhat of a dive as the Shanghai Composite and Nikkei dropped 2.14% and …
Major Markets ETFs Slide Once Again
[Chart courtesy of MarketWatch.com] Major market ETFs continued to see red again as the situation in Europe worsens. Markets worldwide felt the brunt of the Eurozone’s woes as the S&P 500 fell 1.14% while some European indices hurt even more. In line with this, the Euro prolonged its slide against the dollar, now reaching $1.30/Euro. There was some serious action …
7 ETF Model Portfolios You Can Use – Updated through 12/13/2011
After the prior week’s gain, the S&P 500 lost -2.54% since last Wednesday’s update. As a result, those ETF portfolios with mainly bond exposure gained, some stayed even and some lost slightly. Again, any sharp market pullback, or gain for that matter, will not affect our models significantly due to the high cash holdings and only limited equity/sector positions. At …
European Fears Won’t Go Away – Continued Strain on Equity ETFs
[Chart courtesy of MarketWatch.com] The situation in Europe remains a drag on equity ETFs as markets fell further once more. The S&P edged down 0.85%. The NASDAQ has also been in quite a slump in comparison to the S&P 500 and Dow Jones index, dropping 1.26%. The 10-year Treasury also fell once more, dipping to a yield of 1.96%. Most …
Back To The Downside – Europe Weighs Down on Equity ETFs
[Chart courtesy of MarketWatch.com] Despite an EU Summit that appeared to hint towards fiscal unity and discipline, markets didn’t quite agree with that sentiment today. The S&P 500 slid 1.49% while European markets also had a rough day. With cracks still showing in Europe’s financial system, the Euro took a dip against the dollar down to $1.32/Euro. Unlike most down …
ETFs/Mutual Funds On The Cutline – Updated Through 12/9/2011
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 397 ETFs, of which currently 101 (last week 84) of them are hovering in bullish territory. The second report …