Damage Control For ETFs

Ulli Market Commentary Contact

The major index ETFs managed some damage control over the past week to reduce the losses sustained in the month of August to -5.65% for the S&P 500, which was its worst month since May 2010. It could have been a lot worse, as fears that the economy was headed back into a recession, along with worries about the European …

Speculation Rally Continues—Equity ETFs Inch Higher

Ulli Market Commentary Contact

Today’s rally received support after the August Fed meeting showed that some officials are in favor of another move that might boost the economy, although there was no overall consensus. A second assist came from the president of the Federal Reserve Bank of Chicago, who chimed in that he would back more stimulus efforts as well. Lovely; since QE-2 did …

Major Market ETFs In Recovery Mode

Ulli Market Commentary Contact

No negatives with any impact on the markets could be found today, as the major market ETFs shifted into recovery mode in part by driven by relief that Hurricane Irene’s damage appeared to be less than expected while, at the same time, consumer spending was stronger than expected. Adding to that bullish menu was renewed hope that the Fed may …

Equity ETFs Remains In Bear Market Territory; ETF Master Cutline List – Updated Through 8/26/2011

Ulli ETFs on the Cutline Contact

Despite last week’s sharp market rebound in equity ETFs, it remains to be seen if that action was simply a sucker’s rally or the beginning of a new uptrend and resumption of the bull market. While some momentum numbers have indeed improved, weakness prevails in the equity arena, while precious metals and government bonds of all durations continue to occupy …

Last Week In Review: ETF News And Blog Posts To 8/28/2011

Ulli ETF News Contact

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 8/28/2011. The major market ETFs just about regained during the past 5 trading days what they had lost during the prior week’s market drubbing. My global view has not changed, and I believe that these …