Stocks got off on the wrong foot this week as it was announced that the Spanish economy had entered another recession on top of their already threatening debt crisis. While investors would like to focus on the generally positive earnings on the home front, any news about Spanish debts will trump all else in the markets. As for the U.S. economy, our first quarter growth slowed more than expected, leading some to believe that we are losing steam in our recovery efforts. For now, the latter half of earnings season will be one of the most significant market movers, as a number of the world’s largest firms detail their most recent quarter’s results [see also Five Important ETF Lessons (Picture Edition)]. [click to continue…]
The past week was a relatively unstable one for major equities, as markets teetered back and forth based on economic data and outlooks from all over the world. But earnings season will go into full throttle this week, as some of the world’s biggest and most significant firms detail their most recent quarter. So far, [...]
This week will watch earnings season continue in full stride as a number of bellwether firms are set to announce their most recent fiscal quarter’s statements. Last week saw some mixed results, with companies like Citigroup and Google missing, while others like Wells Fargo, IBM, and Intel were able to lift markets. In fact, the [...]
AdvisorShares, one of the largest issuers of actively-managed ETFs, has forged a partnership to bring an active sector rotation ETF to market. The new Rockledge SectorSAM ETF (SSAM), which began trading Thursday, will seek to generate stable and consistent returns in all market conditions, developing a dollar neutral portfolio comprised of sector ETFs. The new ETF [...]
Equity indexes finished the week in bright green territory thanks to a spectacular rally on Wednesday. Euphoria swept over equity markets all over the world last week after major central banks, including the Fed and the European Central Bank, collaborated to lower the cost of dollar funding in an effort to improve liquidity and restore [...]
Domestic equity markets started off the week on a strong note as investors were optimistic to see a very strong start to the holiday shopping seasons, showcasing that U.S. consumers are still alive and kicking. Euphoria swept over stocks on Wednesday after the Fed and the central banks of the euro area, Canada, Japan, U.K., [...]
Investors were left empty handed before the Thanksgiving Holiday; the Euro drama theme dominated financial markets last week as ongoing debt woes stemming from overseas overshadowed a host of positive economic data releases on the home front, including a surprise to the upside in durable goods orders. We anticipate for the spotlight to remain fixated [...]
Despite starting off the week in hole, domestic equity indexes have turned in a monster performance for the month, with the S&P 500 clinching a stellar 11% gain in October. Profit taking swept across virtually every corner of the market on Monday after investors were a bit rattled by the Japanese bank intervening in the [...]
September was a brutal month for equity markets around the globe, as anxiety over Europe and intensifying concerns about the growth prospects for many emerging markets hammered asset prices. The freefall in stock markets hit the bottom line of the ETF industry as well; despite another month of strong inflows, industry assets fell below the [...]
Last week was quite grim for investors to say the least, as stocks across the board plunged Wednesday afternoon following the Fed’s decision to proceed with “Operation Twist” and nothing more. Equity indexes extended their losses and fell even lower the following day as investor worries surrounding the outlook of the U.S. economy intensified following [...]
Wall Street opened in deep red territory at the opening bell Monday morning as Greek debt woes resurfaced. Broad equity indexes climbed higher towards the end of the day however, further extending their gains into Tuesday, only to fall victim to profit taking in the final hours of trading. The Fed went ahead with the [...]
