Major equity indexes quietly kicked off the week, as many kept a close watch on Iraq while the mid-week Fed meeting took center stage at home. Much to the bears’ growing frustrations, policymakers didn’t drop any hints of an earlier-than-expected rate hike, and as such, equity markets took the opportunity to continue their stellar rally. On the data front, industrial production improved, as did the home builders’ index, although housing starts slowed down slightly from the previous month.
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Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that it is trading below its 200-day and 50-day moving averages, which […]
Major equity indexes kicked off the week on a strong note only to lose momentum and give way to profit taking pressures as the trading days progressed. On the home front, economic data releases were fairly quiet with the NFIB small business index posting a better-than-expected gain while retail sales fell just just short of […]
Major equity indexes inched higher throughout the week amid encouraging data releases at home. Investors cheered on improving ISM data and motor vehicle sales, while the lackluster ADP employment report received little to no attention. Overseas, the ECB stole the headlines yesterday when it finally announced the much-awaited rate cut, dropping its benchmark rate to […]
Major equity indexes rose higher this week thanks to a number of encouraging data releases. With earnings season now behind us, investors cheered on upbeat economic data, including better-than-expected durable goods orders and consumer confidence on Tuesday, improving weekly jobless claims on Thursday, while the worse-than-expected U.S. GDP revision didn’t get much attention.
After touching all-time highs on Tuesday, markets endured a tough sell-off this past week. The S&P 500 was able to briefly hold above the 1,900 barrier but quickly lost grip as selling pressures overtook the Street. Yesterday saw an especially harsh downward move as Wal-Mart earnings disappointed and volatility reared its ugly head.
Major equity benchmarks endured a choppy trading week thanks to uneventful earnings releases and a lack of major developments in the overseas conflict between Russia and Ukraine. All in all, the lack of both good and bad news kept many investors on the sidelines while traders paved the way for back-and-forth swings on Wall Street.
Major equity benchmarks advanced higher this week thanks to upbeat economic releases on the homefront and a lack of worrisome developments regarding the ongoing conflict between Russia and Ukraine. Investors cheered on better-than-expected pending home sales data and upbeat employment numbers from ADP, and the ISM manufacturing index beat expectations on Thursday [see also ETF Pick of the […]
Bullish pressures quietly persisted on Wall Street this past week as major equity indexes inched higher amid low trading volumes. Throughout the week, investors digested a slew of earnings from big-name tech stocks, including upbeat results from Netflix and Apple; on the economic front, results were mixed, including a big miss in new home sales […]
Bullish pressures returned to Wall Street, following a choppy finish to the week prior. Major equity indexes were able to rebound modestly after investors digested better-than-expected retail sales data along with upbeat Philly Fed numbers. Volatility still permeated the markets, as investors kept a close watch on developments between Ukraine and Russia. On the earnings […]
With nearly $3 trillion in total global assets, it is clear that these vehicles are here to stay. To better educate our audience, we offer 101 ETF fun facts that many investors probably are not aware of.