ETF/Mutual Fund Data updated through Thursday, November 10, 2011 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 …
Investors See Some Light Today, Yet Equity ETFs Are Still Entrenched In Darkness
[Chart courtesy of MarketWatch.com] After yesterday’s big losses, markets edged up a little bit today although the overall story in Europe hasn’t changed in a day’s passing. The S&P 500 gained a modest 0.86% while the 10-year Treasury rate shot right back up to end at 2.06%. The dollar/Euro exchange rate barely changed, rising slightly to $1.36/Euro. Luckily, risk tempered …
Is This the Start Of Another Downward Spiral For ETFs?
[Chart courtesy of MarketWatch.com] It looks like the deep rooted problems of the Eurozone finally registered with investors as markets tanked after two consecutive days of seemingly unjustified exuberance. The S&P 500 took a 3.67% dive, while major European indices also took a sizeable hit. Nevertheless, Asia somehow finished on the positive side. The dollar noticeably strengthened against the Euro …
7 ETF Model Portfolios You Can Use – Updated through 11/8/2011
The markets remained in rally mode, since last week’s report, on the basis that politicians will actually be able to find a solution to solve Europe’s ever growing debt problems. All of our ETF model portfolios inched higher, but to a lesser degree than the S&P 500, due to a less than 100% invested position, which has smoothed out the …
ETFs on the Upside – How Long Will Irrationality Last?
[Chart courtesy of MarketWatch.com] Europe is going through turbulent times, but markets didn’t seem to care as the S&P 500 rose 1.17%. Other indices such as the FTSE and DAX also ended in the green. However, these weekly up and down swings are disconcerting as markets quickly transition between risk on and risk off modes. Confirming my concerns, Italy is …
Political Chaos in Europe Is No Good for Equity ETFs, Despite Today’s Sentiment
[Chart courtesy of MarketWatch.com] Despite the European turmoil at the political level, markets responded positively as the S&P 500 gained 0.63%. The dollar remained relatively unchanged versus the Euro, staying at $1.38/Euro. Oddly enough, the Volatility Index was relatively flat, dropping 1.03%. While markets might be saying that Europe might be working to solve its solution, I still believe the …