Benchmarks ended in negative territory for the fifth-straight session on Thursday following the Swiss National Bank’s surprise move to drop its long-standing exchange rate of the Swiss franc against euro. Moreover, disappointing earnings results from Bank of America and Citigroup, and dismal economic data weighed on markets. Also, another decline in oil prices dragged down energy shares on Thursday. The […]
Benchmarks dropped sharply on Monday with energy shares leading the decline due to another slump in oil prices. An increase in production of oil and strengthening of the dollar were responsible for dragging oil prices to its lowest level since 2009. Renewed political unrest in Greece that may result in a possible departure of the country from Eurozone also dampened […]
Benchmarks finished the first trading session of 2015 almost unchanged while investors received discouraging economic data. Weaker-than-expected reports on U.S. manufacturing and construction dented investor sentiment. The S&P 500 and the Nasdaq closed in negative territory, but the Dow ended its three-straight session losing streak and closed with meager gains on Friday. Meanwhile, benchmarks snapped a two-week winning streak and […]
Best and worst ETFs in 2014
Best & worst ETFs in 2014
CNBC’s Bob Pisani discusses what was behind the strong performance of biotech ETFs in 2014 and if the NYSE will be sold off in 2015.
The exchange-traded fund winners this year were biotech and mainland China. It was a home run for biotech across the three largest ETFs.SPDR Biotech, an equal-weighted […]
SummaryThe market had a great run since March 2009.
GDP growth is a likely indicator for how the market will perform going forward.
I’ll provide the best way to invest in any market environment.
Investors have reaped the benefits of a market recovery since March 2009. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) is now trading significantly higher than the market peaks from […]
Benchmarks suffered their biggest drop in two months on Wednesday after a slump in oil prices dragged energy shares down. Oil prices took a beating after OPEC lowered its oil production forecast for 2015. The S&P 500 registered its worst one-day percentage decline since Oct 13. All 10 sectors of the S&P 500 index also posted a decline of more […]
SummaryWe take a closer look into the policy to unveil what is really going on.
We argue the Fed has not increased money supply that much even though the monetary base has expanded.
One must monitor how banking excess reserves change to forecast how Fed policy impacts future stock market prices.
The Federal Reserve’s QE3 is targeted to end in October. Many wonder […]
The overall uptrend in the S&P 500 continues despite light trading volume and regular pullbacks from marginally higher highs. While this isn’t a reason to bet against the trend, it’s always worthwhile to have a few stocks written down to trade on the short side in case the market does break lower. Relative strength, or weakness, is a key component when […]
Since May, the Technology Select Sector SPDR (XLK) has taken off, out-performing the S&P 500 SPDR (SPY) by several percentage points and establishing itself as the top performing sector over the last few months. These four stocks have led the charge, racking up more than 10% gains in the last month alone. As the S&P 500 SPDR and Technology Select Sector SPDR […]
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There has been a great deal of talk about the housing recovery. Sales of existing homes steadily rose between mid-2011 and mid-2013 on the back of a weak U.S. dollar and an increase in the money […]
