The stock markets have done remarkably well thus far this year with the S&P 500 index posting its best quarter since 1998, soaring more than 12 percent in the past three month, which can certainly be called an aberration supported by excess liquidity and artificially low interest rates. The markets, however, witnessed a pull back this week, triggered by the …
Is It The Right Time To Enter Financials? These ETFs Are On Fire Already
US stock-markets have performed remarkably well with most of the indexes scaling multi-year highs since the beginning of the year. It’s common knowledge that for the economy to do well, financial companies (primarily banks, credit unions and insurers) need to fire on all cylinders. The economically sensitive categories like materials and consumer discretionary have performed well compared to 2011. Financials, …
Sector ETFs: Is There Upward Momentum? ETF Master Cutline Report Provides Some Answers
I have made no secret out of the fact that I remain somewhat skeptical about the current market run-up; however, some of the positive trends as of late have necessitated looking at some sector ETFs. I’m still sticking to a general strategy of bond ETFs/cash, but if trends continue to point higher, and more trend lines are crossed to the …