[Chart courtesy of MarketWatch.com] Domestic stocks rallied to close higher for a second-straight session, led by automakers and technology companies, as a Senate panel voted to authorize military action in Syria and on the heels of the Federal Reserve releasing an upbeat Beige Book report. The S&P 500 settled higher after regaining its 100-day moving average shortly after the open. …
7 ETF Model Portfolios You Can Use – Updated through 9/3/2013
More uncertainty about the potential engagement in Syria caused the major indexes to fluctuate sharply on an intraday basis, as early rallies were offset by mid-day selloffs, which were followed by late day rebounds. In the end, the S&P 500 managed to eke out a gain of +0.61% since last week’s ETF model portfolio report. Besides continuous war talk, the …
Major Indexes Edge up Cautiously On Upbeat Economic Data
[Chart courtesy of MarketWatch.com] U.S. equities bounced off afternoon lows to finish in the positive but were far off session highs in choppy action, as investors received many market moving news. Catalysts included upbeat manufacturing reports out of the U.S., China, and Europe with the increasing likelihood of a US-led military response toward Syria, as House Speaker Boehner said that …
ETFs/Mutual Funds On The Cutline – Updated Through 8/30/2013
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 272 (last week 300) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Should Fixed-Income Investors Focus On Short-Duration Bonds?
Equities and bonds have been moving in lock-step recently, which is rather unusual since they tend to move in opposite directions because they are negatively correlated. If stocks fall due to geopolitical tensions, bonds tend to rally, giving investors some protection, said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC. For the few weeks in late July and …