Stocks slid lower on Friday but on lighter trade. All five major indices fell into the red, with higher beta issues leading the decline. By the closing bell the small-cap Russell 2000 (NYSEArca:IWM) and the S&P MidCap 400 had shed 1.4% and 1.1 % respectively. The Nasdaq (NASDAQ:QQQ) shed 0.8%, Read more…
IYT, IYZ
For the third time in as many days, stocks showed little direction, and ended the session mixed. By the closing bell three of the five major indices were up and two were down. Higher beta issues led the way, as the small-cap Russell 2000 (NYSEArca:IWM), S&P MidCap 400 and the Nasdaq Read more…
IYR, IYT, NYSE:DVY, XOP
Stocks ended the day mixed as volume waned. The Dow Jones Industrial Average (NYSE:DIA) was the only, of the five major indices, to post a loss yesterday, as it closed lower by a modest 0.1%. Higher beta stocks led the day as the Nasdaq (NASDAQ:QQQ), small-cap Russell 2000 (NYSE:IWM) Read more…
IYT, IYZ, NYSE:EPU, NYSE:FDN, XRT
Michael Johnston: As the number of exchange-traded funds continues to multiply, investors have the ability to achieve increasingly granular exposure to narrow segments of the global economy. This development has worked out quite nicely for investors who utilize a “core and explore” strategy that calls Read more…
IYT, NYSE:FAA, NYSE:VROM
Stocks rose modestly on Thursday, as volume faded. Stocks closed mixed on Wednesday on modestly higher volume. Large cap tech stocks weighed down the market for most of the day. After being ravaged by almost 2.5%, the Nasdaq surged higher late in the session to close down only 1.0% on the day. Read more…
IYT, ZSL
Benjamin Shepherd: Transportation is a cyclical business; if the economy isn’t growing, there likely aren’t many raw materials and finished products to move around the country. In this anemic economic environment, the transportation sector has been largely overlooked. Read more…
IYT
US stock futures point to a sharply lower open on Wall St Monday as the congressional supercommittee looks set to announce it was unable to reach a deficit-reduction. Deep differences of opinion over Read more…
IYT, OIH, SMH, SPY
Chris Vermeulen: I am not one to discuss fundamentals or macro views, but this situation in Europe is beginning to morph into a media frenzy. Price action in the marketplace is changing rapidly in short periods of time based on the latest press releases coming from the Eurozone summit. Read more…
IWM, IYT, NYSE:EEM, UUP, XLF
J.W. Jones: The S&P 500 (NYSE:SPY) must have taken notice of the multitude of headlines coming at market participants and proceeded on a path of pure chaos. Since October 4th, the S&P 500 Index (SPX) Read more…
IWM, IYT, SPY, XLF
Eric Dutram: As the economy continues to weaken, highly cyclical stocks have been getting hammered more than most, leading the market lower over the past month. One of the most troubled in this time period has undoubtedly been the transport sector as that particular corner of the market has lost close to 1,000 basis points Read more…
IYT
Stocks lost ground on Thursday amidst higher volume. All five major indices ended in the red. The small-cap Russell 2000 (NYSE:IWM) withstood the most damage as it fell 2.0%. The S&P MidCap 400 lost 1.3% while both the Dow Jones Industrial Average (NYSE:DIA) and the S&P 500 Read more…
IYT, NYSE:DTO
Chris Ciovacco: A “death cross” is when the 50-day moving average crosses below the 200-day moving average. One just occurred on the S&P 500 Index. Read more…
IYT, NYSE:GLD, SPY
Chris Ciovacco: Every comment made below needs to be taken in the context of possible Fed action. The Fed will most certainly do something in response to the recent weakness in the markets and deterioration in the economic data. The Fed is due to release their next formal statement on Read more…
IWM, IYT, NYSE:DIA, SLV, SPY
Global X, one of the fastest growing ETF issuers in the world, announced further proposals to expand its lineup last week with an SEC filing for five new ETFs. The proposed products look to give investors access to highly specialized corners of the market, following in the footsteps of funds such Read more…
IYT, LIT, NYSE:CNPF, NYSE:CUT, NYSE:FISN, REMX, WOOD
Although the economy still remains shaky thanks to debt worries in the U.S. and Europe, earnings season has started off pretty well for a number of companies. Apple thoroughly crushed estimates again after the bell on Tuesday while companies in the health care and banking segments have also Read more…
IYT
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