Cambria Investments, the Los Angeles based fund manager better known for its alternative investment strategies, recently launched their fourth product that targets global momentum while adopting a quantitative strategy concurrently. The Cambria Global Momentum ETF (GMOM) is the second actively-managed fund from Cambria while the other two passively-managed funds are based on in-house indexes and focuses on value and shareholder …
Three Days Of Gains In A Row
[Chart courtesy of MarketWatch.com] The U.S. equity markets extended their winning ways for a third-straight session, with benchmark indexes staging the longest rally since July, as some favorable employment reports and a record high reading in services sector activity suggested that investors may be expecting the Federal Reserve to begin tapering its asset purchases later this month. Meanwhile, gold sank …
Stocks Slump As More Fears Of Less Fed Stimulus Mount
[Chart courtesy of MarketWatch.com] Investors have sent stocks on a wild ride in recent sessions amid fears the central bank will trim stimulus while the economy remains weak. Recent selling could suggest the market may be moving away from its seven-month rally. The Standard & Poor’s 500 Index moved 23 points (1.4%) lower to 1,609. Today’s loss came on the …
US Equities End Mixed On Europe Concerns; ICF Crawls Up, VXX Sinks
[Chart courtesy of MarketWatch.com] US equities ended mixed Monday despite higher corporate earnings and better-than-estimated retail sales boosting sentiments as investors weighed US economic data with a contagion possibility in Europe. Heavy selling in the tech area more than offset a rebound in blue-chip stocks, dragging the major US indices down. Yield on benchmark 10-year Treasuries consolidated below the 2-percent …
Should You Consider A Commercial Real Estate ETF Now?
As the economy shows signs of a slow recovery with successive lower unemployment-rate readings and better overall economic numbers, is it time to raise a toast for the real estate sector? Well, if you look at the US residential property market, the indicators have been mixed with the latest S&P Case Shiller Home Price Index readings dropping by 0.5 percent …
US Stock Indexes Close Flat, Builder ETFs Rise As Pending Home Sales Near 2-Year High
[Chart courtesy of MarketWatch.com] US stocks closed flat despite the domestic economy showing signs of improvement and Europe appearing less toxic. Early gains for the day, after stronger-than-expected housing data came in, were offset by a pullback in the energy sector. The Dow Jones Industrial Average (DJIA) shed 0.01 percent, to end at 12,982 while the S&P 500 managed to …