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

“The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand. ” -- Sun Tzu

The cockiness that has been on display from Wall Street for much of the year seems to be on the wane. Read more about ETF Periscope: Wall Street Regains Case of the Jitters

daniel / Tag: BIDU, COMP, DJIA, EWH, GXC, HAO, SPX / 0 Comments