|
|
Despite yesterday’s sharp losses in the broad market, the model ETF trading portfolio of our newsletter had a great day. We are currently holding four open ETF positions, three of which we were already holding going into yesterday, while the fourth ETF triggered for buy entry Read more…
Daniela Pylypczak: Trading was cut short on Wall Street last week after the destructive path ofHurricane Sandy battered the East Coast and forced the New York Stock Exchange to close on Monday and Tuesday. While trading volumes were understandably low, investors welcomed Read more…
Bill Luby: Since its launch in August 2008, the CBOE EuroCurrency Volatility Index (ticker EVZ, sometimes known simply as the “euro VIX”), which is based on the Euro Trust ETF (NYSEARCA:FXE), has toiled in relative obscurity compared to some of the more famous volatility indices. Read more…
Stocks gapped higher on the open but immediately sold off, sending the major averages about 0.5% lower during the first ninety minutes of trading. However, unlike the past several sessions, buyers finally stepped in during the lunchtime doldrums and once again in the final hour of trading Read more…
The warning from the International Monetary Fund’s World Economic Outlook released yesterday was loud and clear: “Growth would stall in 2013 with the full materialization of the (fiscal) cliff…” Many large regions, including the entire world, saw growth forecasts cut by Read more…
Stoyan Bojinov: Markets closed in green territory as bullish pressures faced little headwinds thanks to upbeat economic data at home. The latest ISM non-manufacturing report came in above expectations and helped restore some confidence back in the seemingly stagnant recovery Read more…
JR Crooks: We all remember the term “Grexit.” It was coined when investors began thinking Greece might soon exit the euro zone. Not long after came similar headwinds in Spain. And analysts began talking of Spain possibly leaving the euro zone, too. Read more…
Jack Crooks: Now that the European Central Bank has “saved” the euro and our Federal Reserve has declared easy money as far as the eye can see, isn’t the dollar going to get killed? Read more…
Tom Essaye: One of the most anticipated ECB meetings in history occurred last week, and with it the European crisis entered a new phase. Generally speaking ECB Chief Mario Draghi and the ECB met most of the market’s lofty expectations, as evidenced by market action. Read more…
Stoyan Bojinov: Major equity indexes advanced slightly higher amid continuing speculation that the Fed will offer up another round of quantitative easing at Thursday’s FOMC press conference. Stimulus hopes have been bolstering stocks higher ever since the ECB Read more…
Stoyan Bojinov: Equity markets stalled and ultimately ended in shallow red territory for the day as eurozone jitters encouraged profit-taking ahead of today’s interest rate decision overseas. Alan Skrainka, CIO at Cornerstone Wealth Management, commented that the European Read more…
Martin Hutchinson: The Eurozone debt crisis has taken a late summer vacation. Since it would be very inconvenient for a disaster to erupt while everyone is on holiday, it doesn’t. Read more…
Martin Hutchinson: Of all the pyramid schemes that governments and banks have perpetrated in the last decade, the Eurozone debt crisis is the most damaging. Read more…
Daniela Pylypczak: U.S. equities were in for a wild ride last week, as several corporate earnings disappointments were overshadowed by ECB President Draghi’s announcement, expressing the central banks commitment to do whatever it takes to bolster the troubled Read more…
Diane Alter: In attempts to ease its mushrooming financial pains, Spain unveiled new austerity measures today (Wednesday) that aim to reduce 65 billion euros ($80 billion) from the public deficit by 2014. Read more…
Most Comments