Stocks got slammed on Tuesday on brisk trade. All five major indices closed in the red by more than one percent. The small-cap Russell 2000 (NYSEArca:IWM) and S&P MidCap 400 plunged 2.1% and 1.9% respectively. The Dow Jones Industrial Average (NYSEArca:DIA) slid 1.6% while the Read more…
NYSE:DIA, NYSE:IWM, NYSE:SRS, NYSE:USO
For the second time in as many days, stocks ended the session mixed. The major indices were under pressure for most of the session but a late day rally salvaged what could have been a very negative day on Wall Street. For the most part the broad market held up well but there were signs of selling into Read more…
NYSE:DVY, NYSE:SOXL, NYSE:SRS, NYSE:XLU, OIL
Ron Rowland: I’ve spent my investment career following sector momentum, and it’s worked out pretty well. ETFs make it even better. Right now my indicators show a lot of short-term strength in real estate. Personally, I find it hard to believe the housing market has truly bottomed. My colleague Read more…
NYSE:DRV, NYSE:ITB, NYSE:IYR, NYSE:SRS, NYSE:XHB, PKB, RWX
David Gillie: Signs of a late-stage rally are dominating the tables this week. Read more…
ETF BASIC NEWS
Andrew Snyder: The nation’s housing market is in shambles. But as Washington passes the buck to Wall Street, it’s about to get even worse. After nearly 10 years of government manipulation, the fate of the nation’s housing market (NYSEARCA:IYR) once again lies in the hands of capitalism. We’ve gone Read more…
NYSE:DRN, NYSE:DRV, NYSE:IYR, NYSE:SRS, NYSE:URE, NYSE:XHB
Mike Larson: What was one of the best performing sectors in late 2011 … and the first several days of 2012? Would you believe HOUSING?? The Philadelphia Housing Sector Index, or HGX plunged to 73.65 in October. But then it started rising, ultimately tagging 109.65 this week. That’s a gain of Read more…
NYSE:DRN, NYSE:DRV, NYSE:IYR, NYSE:SRS, NYSE:URE, NYSE:XHB
Sara Nunnally: The nation’s real estate market is anything but stable. Just when we think prices are starting to climb, Washington throws a curveball. When I’m not traveling, I spend most of my time writing and researching the markets from my farm here in Wisconsin, but yesterday, I drove into the Read more…
NYSE:ITB, NYSE:XHB
Martin Hutchinson: President Obama on Oct. 24 announced yet another housing bailout. This time, borrowers who are underwater by more than 25%, are on time with their payments, and have Fannie Mae/Freddie Mac mortgages dating before March 2009 will be allowed to refinance their home Read more…
NYSE:DRN, NYSE:DRV, NYSE:IYR, NYSE:SRS, NYSE:URE
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