It is a mistake to look too far ahead. Only one link in the chain of destiny can be handled at a time.” -- Winston Churchill

With the US equity markets hitting new highs on what seems a daily basis as of late, investors may be forgiven if they haven’t been tracking the European economy as closely as they had in the recent past, when the Eurozone seemed to be in perpetual crisis mode. Read more about ETF Periscope: Is This a Good Time to Short the Eurozone?

daniel / Tag: SPX, DJIA, NASDAQ, COMP, EWP, EWG, FEZ, EWQ, EWI, VGK, Eurozone, Mario Draghi, PIIGS, LTRO / 0 Comments

The Eurozone has mainly been off the virtual front page of the financial section for the majority of the year to date. And for investors who may be wondering what all the quiet is about, wonder no more. For the moment at least, the single-currency union has been playing nice and may offer investors an opportunity to jump back into the water, or at least stick in a toe. Read more about ETF Periscope: Is the Eurozone Robust Enough to Qualify as a Buy?

daniel / Tag: EWP, EWQ, FEZ, EWG, EWI, ECB, Mario Draghi, Eurozone, European Central Bank, S&P 500 Index, PIIGS / 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

Wall Street presently seems to be in a sideways state of mind, with the major indices traveling predominantly horizontal these last couple of weeks. Not a surprise, really, as the news cycle has been relatively tame and the current earnings season largely followed the predicted script.

So for investors, the question is whether the market is consolidating for a push into yet another round of record highs or simply running out of steam and veering towards an inevitable correction. And, with a busy week on tap, the year’s bullish uptrend gets yet another opportunity to be tested, and the consolidation-vs-reversal question gets yet another look. Read more about ETF Periscope: With Eurozone Showing Signs of Life, Should Investors Take Notice?

daniel / Tag: DJIA, COMP, SPX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, Eurozone, Mario Draghi, FED, GDP, ECB / 0 Comments

"If you simply try to tell the truth you will, nine times out of ten, be original without ever having noticed it." -- C.S. Lewis

Another week, another victory lap for the Bulls.

Anyone notice a pattern here? Technically speaking, at least, that pattern is a solid uptrend, with nary an imminent level of resistance close to the horizon. Read more about ETF Periscope: Bulls Roar Could Turn Hoarse in the Coming Weeks

daniel / Tag: DJIA, COMP, SPX, KIE, FXO, IYF, XLF, VFH, PSP, M, WMT, financial sector, consumer sentiment, Retail Sector, Eurozone, China, Syria / 0 Comments

So be sure when you step. Step with care and great tact. And remember that Life’s a great balancing act.” -- Dr. Seuss

The market has gone back to its Bullish ways, resuming the upward trajectory that has been effectively going on for most of the year, as represented by the 13% gain to date of the S&P 500 Index (SPX). Read more about ETF Periscope: VIX May Be Low, But High Volatility Continues to Lurk

Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.” -- Johann Wolfgang von Goethe

The Eurozone has been sinking into a steady and extended recession, and if there is some reason for that trend to reverse itself in the near future, it isn’t an obvious one at the moment. Read more about ETF Periscope: Is the Eurozone About to Shake Up Wall Street Again?

daniel / Tag: DJIA, COMP, SPX, VIX, SOXX, SMH, FDN, FXL, QTEC, IGV Technology Sector, Eurozone, SP 500 Index, PIIGS, Merkel, Letta / 0 Comments

“All generalizations are false, including this one.” -- Mark Twain

For those investors who may have been feeling a tad complacent due to the recent record highs of several of the major indices, last week probably served as a reminder that high volatility is always just a shout away from knocking the market down a notch or three. Read more about ETF Periscope: Is “Sell In May” Already Circled On Wall Street’s Calendar?

daniel / Tag: KIE, FXO, IYF, PSP, VFH, DJIA, COMP, SPX, VIX, AAPL, financial sector, Eurozone, CBOE, SP 500 Index, China / 0 Comments

“Success is not final, failure is not fatal: it is the courage to continue that counts.” -- Winston Churchill

For the moment, investors continue to see any signs of a sharp market drop as a clear buying opportunity, rather than as a time to panic and exit the market.

In other words, greed currently trumps fear on Wall Street.

Is this a perfect time for a contrarian play or what? Read more about ETF Periscope: Gold Gets Smacked Down as Wall Street Continues to Soar

“Nothing like a little judicious levity.”-- Robert Louis Stevenson

A few weeks back, when word hit Wall Street that the Cyprus government planned to impose an across-the-board tax on the depositors of its two biggest banks, the major indices fell sharply and quickly. Read more about ETF Periscope: Warning Bells On Cypress Continue to Toll for Investors

daniel / Tag: PSCT, SOXX, FDN, TECL, IGV, SMH, FXL, QTEC, Technology sector, Eurozone, Cyprus, ECB, EC, TROIKA, IMF, European Union, EU, PIIGS / 0 Comments

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