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The bears arrived on Wall Street with fury on Thursday as selling pressures hit virtually every corner of the market, sinking stocks, commodities and even bonds lower across the board. Investors locked in profits following hints from the Fed about scaling back on stimulus, while gridlock in the eurozone further leeched away confidence; the European Central Bank reported it probably wouldn’t take over as the region’s bank supervisor until the end of 2014, further delaying these already long-overdue banking regulations [see The Best Dividend ETF For Every Investment Objective]. [click to continue…]

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The bulls took a breather yesterday as profit taking pressures resurfaced due to the S&P 500′s stellar run-up of more than 14% year-to-date. Even after better-than-expected U.S. employment data hit The Street, sellers didn’t hesitate to swoop in and lock in profits ahead of the final trading day of the week; nonetheless, bearish sentiment was contained after weekly jobless claims came in at 323,000, marking a solid improvement over last week’s reading of 327,000 [see also The Cheapest ETF For Every Investment Objective].

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U.S. Bull Market Hits All-Time Highs

by on May 4, 2013

The bulls set a record this week on Wall Street as the S&P 500 Index hit all-time highs of 1,618 on Friday following the release of April’s upbeat jobs report. New buyers eagerly stepped in and helped carry major equity benchmarks past historical resistance levels as payroll data surpassed expectations and the unemployment rate ticked down to […]

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Hedge Your Bullish Bets This Week

by on April 29, 2013

Scattered signs of deteriorating fundamentals are leading us to take a cautiously bullish stance on the markets this week. Looking back, worse-than-expected durable goods orders and GDP data were quickly ignored by the equity bulls last week, which could set the scene for a steeper correction this week as long as earnings results can rattle […]

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Weaker-than-expected China GDP data over the weekend spurred panic selling that resulted in a massive Monday morning sell-off on Wall Street. Profit taking pressures were further bolstered by homebuilders sentiment data, which missed the marked after the figure came in at 42 versus last month’s reading of 44. Nonetheless, better-than-expected housing starts data on Tuesday helped to […]

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Equity markets got off to a rough start this week as profit-taking pressures emerged following news from the eurozone. Investors kept a close eye on Cyprus this week as the small island nation announced that it is considering plans to impose a tax on bank depositors in order to receive a $13.08 billion bailout. But […]

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Selling pressures permeated the marketplace as the dreaded sequester became a reality, but major equity indexes remained remarkably resilient given the fairly upbeat U.S. GDP revision. Amid the spending cut fears on Wall Street, weekly employment data kept confidence levels elevated; the latest weekly jobless claims figure showed that 344,000 people had filed for unemployment benefits, marking a healthy […]

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How to Use a Pairs Trading Strategy With ETFs

by on February 25, 2013 | Updated December 8, 2014

Pairs trading is a dynamic trading strategy any ETF trader can add to their playbook. Some traders use the strategy during volatile market conditions in an attempt to control risk; others use it because they favor one investment over another but realize they could be wrong and want to hedge their bet; and others use […]

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Markets were in for several volatile trading sessions last week as investors digested mixed economic reports and the latest minutes from the Fed. The central bank announced that it will continue purchasing $85 billion a month of mortgage-backed and Treasury securities, as they feel the larger economic landscape still possesses several red flags. The minutes also showed that policymakers remain divided […]

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Mild selling pressures swept over Wall Street on Wednesday as the bulls found it hard to hold on to profits in the face of disappointing data. Major equity benchmarks slid lower on the day as U.S. GDP missed the mark; quarterly economic growth came in at negative 0.1%, falling short of the 1.0% estimate as a cutback […]

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The bull parade continues on Wall Street in the face of intensifying worries over when the next downturn will finally come around. The S&P 500 Index posted another five-year high as the benchmark settled just above 1,490, inching closer and closer to the psychologically significant 1,500 level. On the ETF front, the well-known SPY turned 20 years old yesterday, […]

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Stocks managed to hold their ground yesterday even after Wednesday’s extraordinary rally, although profit-taking pressures did creep in throughout the day as news from the Fed minutes spooked some. The bull train on Wall Street lost a bit of steam on Thursday after policymakers from the Federal Reserve commented that the ongoing monthly bond-repurchase program would likely […]

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