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

Don't go around saying the world owes you a living. The world owes you nothing. It was here first. “ -- Mark Twain

So far, the month of January is proving to be a solid win for the Bulls. And, while the major market mover for the remainder of the month probably will be found in the earning season numbers yet to come, a series of macroeconomic trends seem as if support for the upward trend should continue, perhaps deep into the first quarter of the year. Read more about ETF Periscope: Macroeconomic Outlook Could Paint a Pretty Picture for US Market

daniel / Tag: XBI, FXH, IHI, IHE, VHT, SPX, DJIA, COMP, healthcare, Eurozone, ECB, Merkel, Draghi, BOJ, PIIGS / 0 Comments

“Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step.  -- Lao Tzu

Wall Street experienced its first weekly loss for the month of September, though the major indexes continue to hover around the highs for the year. Was the small drop in the Dow and the S&P 500 merely a breather from the rarefied air of QE3, or more of a harbinger of a trend reversal in stocks? Read more about ETF Periscope: Is Wall Street Floating Along On An Equity Bubble?

daniel / Tag: DJIA, SPX, Eurozone, Merkel, Draghi, ECB, FED / 0 Comments

Sabrient's Director and Chief Market Strategist, David Brown, was interviewed this morning on Brian Sullivan's Street Insider segment on CNBC. They discussed Europe's interest rate risk, Draghi's intentions at tomorrow's ECB meeting, and how that will affect investors. Watch the the clip here. Read more about David Brown Interviewed on CNBC's Street Insider

walter / Tag: ECB, bonds, Draghi, interest rate risk / 0 Comments

All things are subject to interpretation; whichever interpretation prevails at a given time is a function of power and not truth.” -- Friedrich Nietzsche

Expect the market to bounce around sideways until Friday, as Wall Street waits on the top acts to perform at this week’s annual Jackson Hole summit. After that, investors might come away with a clearer picture as to the health, or lack of it, of the current uptrend. Read more about ETF Periscope: Wall Street Awaits the Bernanke & Draghi Show Live From Jackson Hole

daniel / Tag: DJIA, SPX, VIX, BERNANKE, Draghi, Weidmann, Eurozone, QE3, FED, ECB / 0 Comments

Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. “  -- Albert  Einstein

In spite of the rather nice ride the stock market has had these last six weeks, it might be a mistake to assume it will last once September rolls around, when a series of domestic and macroeconomic factors come into play. Read more about ETF Periscope: Low VIX Levels Should Be High On Your Hedge List

daniel / Tag: DJIA, VXX, Eurozone, ECB, Draghi, Merkel, FED, BERNANKE / 0 Comments

"Hopes are high that Draghi will back up his words with action when the central bank meets Thursday, " said David Brown, the CEO and Chief Market Strategist at the research firm Sabrient Systems (as quoted by Associated Press reporter Matthew Craft). Read More.
  Read more about Draghi's Pledge to Protect Euro Set Off Last Week's Rally

walter / Tag: Euro, Draghi / 0 Comments