[Chart courtesy of MarketWatch.com] US blue-chip stocks closed lower Tuesday while the NASDAQ composite finished in the green to extend gains for the second straight session as investors cheered better-than-expected housing data even as consumer confidence plummeted ahead of a potentially market-moving speech by the US Fed chairman later this week. The S&P/Case-Shiller index that surveys home price across 20 …
Markets Drift Lower On Indecision; Europe Rises On Tech And Banks
[Chart courtesy of MarketWatch.com] US blue-chip indexes closed lower while tech-stocks jumped as investors remained undecided ahead of Federal Reserve chairman Ben Bernanke’s speech in a global banking symposium later this week. The Dow Jones Industrial Average (DJIA) lost 0.3 percent after the blue-chip index’s breadth turned negative with 20 of the 30 stocks closing lower. The S&P 500 Index …
ETFs/Mutual Funds On The Cutline – Updated Through 8/24/2012
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 330 (last week 334) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 8/26/2012
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 8/26/2012. The markets pulled back slightly this week as the tug-of-war between those that are counting on a new round of QE and those that question its validity favored the latter. The long overdue but …
Is Germany Prepared For A Greece Exit?
As the world looks forward to the outcome of meetings between German Chancellor Angela Merkel and French President Francois Hollande later in the week, it’s likely that Athens will make an exit from the eurozone soon as Berlin is unlikely to commit further funds for Greece, says Artur Fischer, co-chief executive of Boerse Berlin AG. Since Germany goes to elections …
New ETFs On The Block: NASDAQ Technology Dividend Index Fund (TDIV)
First Trust, the Wheaton, Illinois-based issuer with more than 72 ETF products that is behind the popular AlphaDEX series of exchange traded funds, has become the first company to try tapping into two relatively new investment trends; dividends and technology stocks. Since dividend paying tech stocks are a rarity, after all tech giants like Adobe, EMC and Google don’t have …