Last week, stocks cycled bullish yet again. In fact, the S&P 500, NYSE Composite, and NASDAQ each closed at record highs as investors positioned for the heart of earnings season in the wake of strong reports from some of the Tech giants. Notably, Utilities stocks got some renewed traction as yield-starved investors returned to the sector. Read more about Sector Detector: Sector rotation model stays bullish, but neutral rankings and technical resistance flash caution

Scott MartindaleAs Q1 of 2014 comes to an end, we can see that January was extremely weak, February gained it all back, and March treaded water. At this point, as we head into what has been the strongest month of the year over the past 20 years, signals are mixed, with a steadily recovering economy and bullish fundamental indicators mixed with neutral technical and some bearish sentiment indicators. Read more about Sector Detector: Caution flag stays out as stocks continue their consolidation

smartindale / Tag: iShares, sector, ETF, SPY, VIX, EEM, FXI, iyw, IYF, IYH, IDU, IYK, IYC, IYZ, IYE, IYM, IYJ, SNDK, QCOM, COF, SPG, HP, SLB SOXX, PFI, IXC, XPH / 0 Comments

An idea is a point of departure and no more. As soon as you elaborate, it becomes transformed by thought.” — Pablo Picasso

Last week saw investors exposed to a broad swath of noise from a number of diverse sources, and the bottom line was that Wall Street pretty much ended the week close to where it had begun. Read more about ETF Periscope: Is China’s Resilience Enough to Attract New Investors?

daniel / Tag: SPX, DJIA, NASDAQ, COMP, KIE, FXO, IYF, XLF, VFH, FXI, China / 0 Comments

Back towards the beginning of July, the Dow Jones Industrial Average (DJIA) was up 13.8% for the year, and the S&P 500 Index (SPX) followed pretty close behind, coming in around 13% over that same time frame. Even though Wall Street had just experienced a sharp fall-off towards the end of June, the market proved resilient, and the year’s second uptrend began to take shape shortly after July 4.

From a global perspective, however, the US equity market seemed to be largely the exception to the rule, as many of the world’s leading markets underperformed, at least in relationship to the US markets. Firmly ensconced in the category of underperformance was the China equity market. As it turned out, the moment proved to be somewhat less a harbinger of a worsening economy than an opportunity to buy the dip. Read more about ETF Periscope: Has the Moment for Buying China Equities Passed By?

daniel / Tag: DJIA, SPX, FXI, EWH, MCHI, GXC, HAO, PGJ, China, World Bank / 0 Comments

Wall Street continues to make summer investors smile as new highs in the major indices were touched on throughout the week. The benchmark S&P 500 Index (SPX) recorded a gain of 0.7% on the week, which puts it in the black for the year to the tune of 18.6%. The Dow Jones Industrial Average (DJIA) posted a small but solid 0.5%, while the Nasdaq (COMP) ended in positive territory by a slight 0.3%.

The past week’s gains may be slightly due to inertia, because it’s not exactly like there has been a plethora of positive economic news to support the record highs. It’s more like a dearth of bad news that has been the prime reason the equity market continues on the same merry uptrend that it’s been riding throughout most of 2013. Read more about ETF Periscope: A Good Time to Buy the Dip In China Equities? (Part 4)

daniel / Tag: DJIA, COMP, SPX, JPM, FXI, EWH, MCHI, GXC, HAO, PGJ, China, Shanghai Composite Index, G20 / 0 Comments

So far, July is looking pretty sweet for those investors who have decided to swap the pleasures of the beach for an extended Wall Street voyage through the summer.

For the moment at least, the market seems to be righting its ship after a fair amount of buffeting following Ben Bernanke’s comments regarding the Fed’s intention of tapering off its ambitious bond purchase program.

Apparently, investors have been comforted last week by his new and improved comments, the ones offering reassurance that the tapering isn’t quite as imminent as he first indicated, and that he is really, really advocating for continuing the money stimulus along its current trajectory. Read more about ETF Periscope: A Good Time to Buy the Dip in China Equities? (Part 3)

daniel / Tag: DJIA, COMP, SPX, JPM, FXI, EWH, MCHI, GXC, HAO, PGJ, FED, China, BERNANKE, Shanghai Composite Index / 0 Comments

OK, it’s earnings season again, though the first round of reports this week won’t reveal a whole lot, at least not until Friday, when J.P. Morgan (JPM) announces its Q2 results. Then, things could get interesting, as investors will decide if bottom-line fundamentals are enough to supersede the recent Fed hullaballoo that centered on the question of when, not if, the central bank would begin to taper its massive bond purchasing. Read more about ETF Periscope: A Good Time to Buy the Dip in China Equities? (Part 2)

daniel / Tag: DJIA, COMP, SPX, JPM, FXI, EWH, MCHI, GXC, HAO, PGJ, FED, China, earnings season / 0 Comments


Volatility has, indeed, calmed down a bit last week, compared to the previous one, as some soothing words from some of the Fed’s top monetary policy officials seemed to balance off Ben Bernanke’s earlier comments regarding the imminence of QE3 tapering.  It did seem to be an orchestrated attempt by Fed officials to stabilize the markets following the strong negative reaction that occurred in response to Bernanke’s comments that the bond-buying program would be reduced much sooner than investors had anticipated. If this was the intended reaction it worked . . . Read more about ETF Periscope: A Good Time to Buy the Dip in China Equities? (Part 1)

daniel / Tag: DJIA, COMP, SPX, FXI, PEK, MCHI, GXC, volatility, FED, BERNANKE, China, Shanghai Composite Index / 0 Comments

Our goals can only be reached through a vehicle of a plan, in which we must fervently believe, and upon which we must vigorously act. There is no other route to success.  -- Pablo Picasso

The Bulls rocked out last week, clearing the table of mostly all things Bearish, with the major indices going five for five in terms of winning days. Read more about ETF Periscope: Time to Place a New Bet on China Equities?

daniel / Tag: FXI, SPX, SOXX, FDN, TECL, IGV, SMH, FXL, QTEC, Technology sector, China, PMI / 0 Comments

One Man’s Oracle is Just Another’s Cup of Tea Leaves

“By letting it go it all gets done. The world is won by those who let it go. But when you try and try, the world is beyond the winning. -- Lao Tzu

For numerous Wall Street investors, the past year had all the marks of a funhouse run amuck. Little fun, lots of muck. Read more about ETF Periscope: One Man’s Oracle is Just Another’s Cup of Tea Leaves

daniel / Tag: AMJ, ETF, EU, EUO, FXI, GLD / 0 Comments