1. Moving The Markets A new report on U.S. manufacturing growth was released today that showed the sector barely expanded in January. This was not a good start for trading in February and the Dow Jones Industrial Average (DJI) felt the wrath falling by more than 2% on the day. If you read the last piece I wrote at the …
ETFs/Mutual Funds On The Cutline – Updated Through 01/31/2014
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 301 (last week 311) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Can The Emerging Market Volatility Be Contained Or Will It Spread?
It has been an exciting and sometimes scary week thus far as investors didn’t know if the current market volatility was going to be something bigger or this was just going to be some sort of a correction that needs to be endured, said Brian Jacobsen, chief portfolio strategist at the Wells Fargo Advantage Funds. Thankfully the fourth-quarter US GDP …
New ETFs On The Block: PowerShares NYSE Century Portfolio ETF (NYCC)
US equities remain favorites with many investors in 2014, particularly after last year’s remarkable performance that saw the S&P 500 surge by more than 30 percent year-on-year. Small cap stocks even performed better, triggering a spurt in cash flows in ETFs focused on the US economy. In fact, data compiled by research agencies showed more than $117 billion flowed into …