Solid Economic Data Fails To Excite Markets

by on October 27, 2012 | Updated October 29, 2012 | ETFs Mentioned:

Major stocks indexes failed to take off despite a plateful of encouraging economic data. Earlier in the week, sour earnings reports kept a tight lid on investors’ confidence, steering attention away from better-than-expected new home sales and weekly jobless claims data. Buyers returned to Wall Street late in the week, although their entrance was fairly tame and without much excitement even after the latest U.S. GDP numbers. Economic growth came in at 2%, blowing away past analyst estimates of 1.7%, as well as the previous reading of 1.3% [see Free 7 Simple & Cheap All-ETF Model Portfolios].

Actionable ETF Trade Ideas

Last Week’s Actionable ETF Ideas
Ticker Position Week Performance
GDX

Long

-2.2%
QQQ

Long

-0.4%
TLT

Long

+1.0%

Our picks from Monday’s Insider posted lackluster performance results as profit-taking pressures remained dominant on Wall Street all week. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 45 all-ETF model portfolios].

Trade #1 Long GDX: Down 2.2%

Weakness in the equity and gold futures market dragged this ETF down early in the week. Unfortunately, our stop-loss triggered on Wednesday, leaving us to cut out and incur a minimal loss of 2.2% on the week.

Trade #2 Long QQQ: Down 0.4%

This long trade was mistimed as disappointing earnings continued to take their toll on the already beat-down technology sector. QQQ steadily traded lower from the opening bell on Monday morning, leaving us with a small, but frustrating, loss on the week.

Trade #3 Long  TLT: Up 1.0%

Our defensive recommendation was the only one is positive territory, as selling pressures on Wall Street inspired investors to jump into the safe havens. Despite enduring choppy trading mid-week, TLT still managed to end up in positive territory, leaving us with a small gain on the week.

ETFdb Portfolios

Retirement ETFdb Portfolios

Our retirement portfolios posted dismal returns this week as choppy trading across both stock and bond markets took its toll. With more pronounced weakness on the equity front, our stock-heavy 30 Years Til Retirement came in last place, while our cost-conscious Cheapskate Portfolio turned in the best performance.

ETFdb Portfolio 1 Week 4 Week 13 Week YTD 1 Year 3 Year 5 Year
5 Years Til Retirement Portfolio 1.21% 0.42% 3.72% 6.34% 14.02% 48.25% n/a
10 Years Til Retirement Portfolio 1.25% 0.18% 4.04% 7.27% 16.20% 53.40% 82.62%
20 Years Til Retirement Portfolio 1.53% 0.20% 4.58% 8.39% 18.49% 61.53% 94.65%
30 Years Til Retirement Portfolio 1.63% 0.30% 5.11% 8.27% 19.32% 67.14% 103.39%
Aggressive Portfolio 1.32% -0.36% 3.97% 6.86% 16.46% 49.05% n/a
Cheapskate Portfolio 0.63% 1.07% 4.38% 8.22% 15.82% n/a n/a
Low Volatility Portfolio 0.77% 0.37% 2.42% 5.62% 10.09% n/a n/a
Moderate Portfolio 0.90% 0.04% 3.44% 6.69% 14.35% 43.68% n/a
Ready To Retire ETFdb Portfolio 0.63% 0.21% 2.80% 6.63% 11.95% 33.80% 60.63%
As Of 08-20-2014
Regional ETFdb Portfolios

Profit-taking pressures at home translated into “risk off” trading in overseas markets, sending out regional portfolios into red territory. Looming uncertainty and ongoing political gridlock in the eurozone left our Euro Free Portfolio as the worst performer on the week, while our Asia-Centric Portfolio proved to be most resilient.

ETFdb Portfolio 1 Week 4 Week 13 Week YTD 1 Year 3 Year 5 Year
Africa-Centric Portfolio -0.84% 0.17% 0.95% 10.18% 20.04% 30.14% n/a
Asia-Centric ETFdb Portfolio 0.88% 0.46% 5.66% 8.00% 15.93% 22.35% n/a
BRIC-or-Bust ETFdb Portfolio 2.84% 0.95% 4.38% 7.46% 17.16% 0.19% n/a
Easy-As-ABC ETFdb Portfolio 0.31% -0.97% 3.24% 3.81% -0.40% n/a n/a
Emerging & Frontier Markets ETFdb Portfolio 0.63% -0.51% 3.84% 8.02% 13.18% 12.23% n/a
Euro Free Europe Portfolio 1.62% -1.50% -2.56% -1.37% 5.54% 34.24% n/a
Ex-Europe ETFdb Portfolio 1.05% 0.19% 4.46% 8.05% 15.55% 41.41% 68.48%
Ex-U.S. Portfolio 0.56% -0.82% 3.00% 5.28% 13.67% 29.69% 46.37%
Global Titans ETFdb Portfolio 0.80% -1.23% 0.72% 2.73% 10.66% 42.52% n/a
LatAm Centric ETFdb Portfolio 1.31% -1.04% 5.02% 3.43% 4.09% n/a n/a
As Of 08-20-2014
Themed ETFdb Portfolios

Amid all of the shaky trading and lackluster earnings reports, not surprisingly, our Sky Is Falling Portfolio managed to land in positive territory on the week. Weakness on Wall Street also resonated well for bonds, and our Better-Than-AGG Total Bond Market Portfolio turned in the second-best performance for the week, while the Energy Bull Portfolio slumped into last place.

ETFdb Portfolio 1 Week 4 Week 13 Week YTD 1 Year 3 Year 5 Year
Actively-Managed ETF Portfolio 1.27% -0.18% 3.13% 4.33% 9.40% n/a n/a
2012 ETFdb Portfolio 1.68% -0.39% 3.32% 7.88% 19.34% n/a n/a
AlphaDEX ETFdb Portfolio 1.06% -0.53% 3.88% 4.72% 13.46% 41.03% n/a
Alpha Seeker Portfolio 2.0 0.73% -0.38% 4.44% 6.96% 14.38% 47.07% n/a
Baby Boomers ETFdb Portfolio 1.41% -0.12% 6.33% 8.77% 23.98% 98.90% n/a
Ben Graham 50/50 Portfolio 0.28% -0.04% 2.84% 6.10% 11.86% n/a n/a
Better-Than-AGG Total Bond Market ETFdb Portfolio -0.01% -0.26% 0.75% 4.87% 6.79% 8.51% n/a
Black Swan Hyperinflation Portfolio -0.47% -1.49% 0.49% 4.47% 0.57% -7.01% n/a
Commodity Guru ETFdb Portfolio 0.11% -1.76% -0.81% 2.87% 6.38% 5.50% n/a
Cheapskate Hedge Fund ETFdb Portfolio 0.29% -0.90% 1.11% 1.57% 2.55% -0.29% n/a
Energy Bull ETFdb Portfolio 0.96% -1.64% 1.71% 6.58% 14.74% 34.41% n/a
Equal Weight ETFdb Portfolio 0.82% 0.61% 4.43% 6.83% 13.80% n/a n/a
Financials Free ETFdb Portfolio 1.00% -0.44% 1.38% 6.80% 15.36% 43.32% 77.42%
Futures Free Commodity ETFdb Portfolio -0.05% -2.18% 1.49% 3.31% 5.67% -8.40% n/a
GLD-Free Gold Bug ETFdb Portfolio -1.77% -1.58% 6.34% 18.21% -5.92% -38.35% n/a
Greedy When Others Are Fearful ETFdb Portfolio 0.85% 1.75% 4.13% 9.32% n/a n/a n/a
High-Tax Bracket ETF Portfolio 1.16% -0.04% 3.28% 6.23% 13.95% 43.29% 69.48%
High Tech ETFdb Portfolio 1.79% 1.70% 11.39% 12.26% 25.37% n/a n/a
High Yield ETFdb Portfolio 1.27% 0.14% 3.70% 7.88% 16.03% 55.27% 91.11%
King Dollar ETFdb Portfolio 1.18% 0.64% 3.49% 6.02% 11.66% 31.42% n/a
Kitchen Sink ETFdb Portfolio 0.72% -0.85% 1.57% 3.81% 10.21% 34.76% n/a
Monthly Dividend ETFdb Portfolio 0.81% 0.29% 3.40% 8.31% 15.27% 46.12% n/a
Pure Growth ETFdb Portfolio 1.21% -0.64% 3.61% 5.65% 15.11% n/a n/a
Pure Value ETFdb Portfolio 1.54% -0.37% 3.70% 6.81% 17.77% n/a n/a
RAFI ETFdb Portfolio 1.64% -0.63% 4.08% 5.58% 18.25% 63.63% 84.34%
Simple (But Effective) Safe Haven ETFdb Portfolio 0.65% -1.32% 0.54% 6.59% 8.52% 23.11% 60.39%
Small Cap ETFdb Portfolio 0.92% -0.69% 3.36% 4.25% 12.94% 45.16% n/a
The Sky Is Falling Portfolio -0.70% -0.59% -1.34% 0.44% -0.54% 5.04% n/a
Socially Responsible ETFdb Portfolio 0.62% -0.77% 3.15% 5.02% 11.97% n/a n/a
Risk On ETFdb Portfolio 0.60% -0.42% 4.07% 9.37% 15.77% n/a n/a
Consumer Centric ETFdb Portfolio 0.23% 0.14% 2.49% 4.10% 13.43% n/a n/a
Agri-Bull ETFdb Portfolio 0.16% -3.17% -4.11% 1.25% 5.92% 14.43% n/a
8% Yield ETFdb Portfolio 0.87% -0.96% 2.45% 7.84% 15.22% n/a n/a
Mining Boom ETFdb Portfolio -0.60% -1.84% 6.10% 10.79% 5.65% n/a n/a
2013 ETFdb Portfolio 1.37% -0.29% 3.75% 8.08% 15.44% n/a n/a
As Of 08-20-2014

Disclosure: No positions at time of writing.