Stock Market Trends: Stepping Aside until Stocks Start Stepping Up
The NASDAQ is hovering slightly above its 200-day moving average of 2,975. For many chart watchers, the 200-day trend-line is considered one of the most important averages to watch. When an index or a stock is priced above the benchmark, then it is considered buyable. On the other hand, when either is trading below, it is interpreted as a sell
Quantitative Easing Propels ETF Explosion
Investors interpreted Bernanke’s plan to buy $40 billion of mortgage-backed securities per month as a call to “buy everything.” This much is clear from last week’s best performing exchange-traded funds. Top 5 ETFs Last Week VelocityShares 3X Long Natural Gas ETN (UGAZ) 31.3% – Natural gas was this week’s winner. Natural gas logged several up
Water ETFs Hold Everything…Except Water
Like life insurance to a newly-wedded couple, water ETFs are supposedly the best investment in the world. Water is a scarce resource – some 780 million people go without clean water every day of the week. Not a day goes by that we don’t read about water-borne illnesses in the developing world, drought conditions in
Trading ETFs: Homebuilders ETFs
Following Tuesday’s shake-up, stocks have responded after the indexes made contact with their respective 26-day averages. While some weak hands might have nervously banged their discount-broker’s sell button, the rebound wasn’t a shock to our newsletter readers. Our crack research team alerted our readers not to worry and to take advantage of the dip. Why was ETF Stocks so confident
Sector Analysis: Targeting Rising Asset Prices Like Ben Bernanke
Sector Analysis Ben Bernanke’s testimony knocked stocks off the green rail up today. In short, the Federal Reserve Chairman said the economy is OK, but at risk to “substantial downside”. The jobs picture is stabilizing, but “remains far from normal”. Despite higher gas and food prices, inflation is “subdued”, and that housing “affordability has increased dramatically”. That’s the best spin
