The events in Cyprus were front and center over the past week as the story lines changed more often than I care to count. In the end, the parliamentary process was circumvented as the European overlords dictated the terms without paying any attention to minor details such as a democratic process. That’s been pretty much the theme throughout the European …
US Indexes Surge On Manufacturing, Housing Improvement; Europe Rises On US Data
[Chart courtesy of MarketWatch.com] Index ETFs advanced Tuesday, with the S&P 500 Index rebounding to within two points of its record and the Dow Industrials hitting a new high, after US durable goods orders rose more than estimated in February and home prices jumped the most since June 2006. The Commerce Department reported orders for durable goods rose 5.7 percent …
Travelling…
I will be spending most of the day on an air plane and in taxis getting back to my office. I most likely won’t have a chance to write today’s market commentary but will resume posting on Tuesday. Ulli…
ETFs/Mutual Funds On The Cutline – Updated Through 3/22/2013
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 343 (last week 353) of them are hovering in bullish territory. The second report …
Last Week In Review: ETF News And Blog Posts To 3/24/2013
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 3/24/2013. The events in Cyprus slowed the march of the major indexes towards infinity for just a bit with the S&P 500, after much meandering, only giving back some 4 points for the week. Nevertheless, …
One Man’s Opinion: Will The Fed Continue To Buy $85 Billion A Month In Assets Through 2013?
The US Federal Reserve will continue with its $85 billion-a-month assets purchase-program at least till the third quarter of 2013, feels Neil Datta, the Head of US Economics at Renaissance Macro Research. Given the Fed’s propensity to air on the side of caution, the likelihood is that they keep buying into early 2014, he noted. The Fed made it clear …