Scott MartindaleStock market bears needed a new weapon to fight off bold bulls, and they found it in the same place that WMD’s often emerge -- in the Middle East, this time in Syria. In this case, however, I’m not talking about a weapon of mass destruction, but rather a weapon of market destruction. Read more about Sector Detector: Bears acquire new WMD (weapon of market destruction)

smartindale / Tag: sectors, ETF, iShares, SPY, VIX, EEM, iyw, IYF, IYK, IYE, IYJ, IDU, IYC, IYM, IYZ, IYH, CTSH, HRS, AMG, RE / 0 Comments

Wall Street had its ear close to the ground towards the end of last week, listening closely to the chatter emanating out of the Fed-sponsored 2013 Jackson Hole Economic Policy Symposium. One sound they surely didn’t hear was the mellifluous musings of soon-to-be-out-the-door Federal Reserve Chairman Ben Bernanke, who chose not to attend for the first time since his inaugural year way back in 2006.

It is probably a safe assumption that his name did get bandied about by those who did attend the conference, consisting of many of the world’s central bankers and officers. Read more about ETF Periscope: Jackson Hole Still Makes Noise Without Bernanke

daniel / Tag: DJIA, COMP, SPX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK Fed, BERNANKE, Jackson Hole, Larry Summers, Janet Yellen, QE3 / 0 Comments

Scott MartindaleAnxious bulls no doubt are looking for ways to rustle awake this sleepy late-summer stock market, before the bears stealthily bring it down. Investors’ focus has been on the Fed and what it might do next month, and Wednesday’s release of the July FOMC meeting minutes showed almost all the voting members supported no change in stimulus, with only a few hawks insisting that tapering should begin sooner. Read more about Sector Detector: Bulls look to awaken sleepy market … before the bears do

smartindale / Tag: sectors, iShares, ETF, SPY, VIX, CSCO, WMT, AAPL, VMW, MA, PB, iyw, IYF, IYK, IYE, IYJ, IYZ, IYM, IDU, IYH, IYC / 0 Comments

Today, the tepid market had virtually no new data from corporate earnings or the economy, and slid lower throughout the day, especially near the closing. But the 10-year bond yield hit a two-year high at 2.9% and closed at 2.88%.

The increase in bond rates should have been expected with the Fed minutes due Wednesday. The market hates uncertainty. However, it is very certain that the longer-term rates will go higher. The Fed’s annual conference with economists begins Thursday in Jackson Hole, Wyoming, without Chairman Bernanke’s presence. Very few new “certainties” are likely to come out of the symposium. The bottom line: It is a bad time for bonds but should be a good time for stocks.  Read more about What the Market Wants: Tepid Market Slides a Bit Lower

david / Tag: SWFT, MYGN SNTS, MTH / 0 Comments

If you happened to blink last Thursday, you probably missed an event that contains powerful implications for investors and, well, pretty much anyone who has a stake in the economy. That’s when China’s Shanghai Composite Index experienced a 6% swing, going from a roughly 1% loss to a 5.6% gain. And this happened over the course of a mere two minutes.

To put that in perspective, the Dow Jones Industrial Average (DJIA) would need to undergo a 900-point swing to experience a similar move.

In other words, it was a huge intraday move, but a staggering two-minute one. Read more about ETF Periscope: Chinese Flash Crash Reminder That Volatility Lurks Always

daniel / Tag: DJIA, COMP, SPX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, Flash Crash, volatility, Shanghai Composite Index / 0 Comments

Scott MartindaleBond yields have crept back up to near multi-year highs as the bond market appears to be anticipating some measure of tapering in the Fed’s monthly bond-buying program. This undoubtedly has caused some hesitancy among stock investors, too. And then there are the looming debt ceiling and budget battles, as well as concern about slowing corporate earnings growth. And let’s not forget the comparisons to 1987 we are hearing, with Marc Faber (a.k.a., “Dr. Read more about Sector Detector: Still bullish despite worrisome indicators

smartindale / Tag: iShares, sectors, ETF, SPY, VIX, iyw, IYF, IYK, IYE, IYJ, IYH, IDU, IYC, IYZ, IYM, CACI, WDC, V, SIVB, AAPL, IRE, EIRL / 0 Comments

If the current economic forecast holds, the European Union (EU) is expected to announce next week that the Eurozone has finally emerged from its nearly three-year descent into recessionary territory. The 17-nation currency union should show that it has expanded its GDP by 0.2% over the course of the second quarter of 2013.

Hardly a staggering rise, but considering that growth has either stagnated or shrunk over the last several years, including the recent string of six straight quarters into negative territory, the gains are sure to be widely heralded. Read more about ETF Periscope: Eurozone Offers Siren Song to Investors

Today was a flat market day with the DJIA and the S&P off a small amount while NASDAQ gained a few points. But it was better than last week when all style/caps ended the week in the red. Large-cap value was down the least, at -0.8%, while small-cap value was down the most, at -1.11%. 

Four stocks that don't ordinarily make the cut for our institutional portfolios piqued my interest in today's market. One had only two analysts reporting estimates; all had dividends, but none were as high as 2%. For these reasons, they were eliminated from consideration for our institutional portfolios. Yet, all are interesting growth companies, reasonably priced, and in multiple sectors. Read more about What the Market Wants: Kick the Tires on 4 Stocks this Market Should Favor

david / Tag: SNDK, LAD, TRN, WIRE / 0 Comments
  • Scott MartindaleStock investors are surveying the view from these lofty heights, with the S&P 500 trying to hold up just below the 1700 level, and they appear to be feeling some vertigo. They are wondering if there will be a catalyst to take stocks higher before Labor Day, or if the dreaded correction is imminent. However, my concern is that investors might be hamstrung by a perceived no-win situation.

Read more about Sector Detector: Forward-looking rankings solidify bullish bias

smartindale / Tag: iShares, ETF, sectors, SPY, VIX, CACI, VMW, AMG, MTB, iyw, IYF, IYK, IYE, IYH, IYZ, IYM, IYC, IYJ, IDU, OFIX, RL, HAE, OTEX, INFN, KBR / 0 Comments

The market is currently in a nice little comfort zone, touching on record highs on a regular basis. In spite of that fact, it has more or less been in a sideways trend these last four weeks, which tends to beg the question: Is the market consolidating for a breakout or about to lose steam and head into reverse?

That remains to be see, though there are reasons to think that the low levels of volatility the market currently is registering will start to rise fairly soon. Read more about ETF Periscope:VIX Near Year’s Low Makes It Cheap Insurance Against Volatility

daniel / Tag: DJIA, COMP, SPX, VIX. VXX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, FED, volatility, fear gauge, Chicago Board Options Exchange / 0 Comments