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

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

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

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

“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

Better three hours too soon than a minute too late.” -- William Shakespeare

In spite of the fact that the market has been hitting record highs recently, the deep disconnect between Main Street and Wall Street, accelerated by the budget cuts known as the sequester, will likely cause the Bulls to retreat in a serious way within the next couple of earnings seasons. Read more about ETF Periscope: Sequester Will Slam Brakes On Any Momentum Economy Might Have Left

daniel / Tag: SOXX, FDN, IGV, SMH, FXL, QTEC, Technology sector, Sequester / 0 Comments

“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

Try not to become a man of success, but rather try to become a man of value.” -- Albert Einstein

Ben Bernanke is back for yet another close-up this week, and in spite of a certain degree of dissent amongst the Fed ranks, chances are better than even-money that the press conference that follows this week’s gathering of the Federal Open Market Committee Meeting (FOMC) will find Big Ben indicating that the super low interest rates, strong stimulus tack will remain in place. Read more about ETF Periscope: Fed Won’t Stop the Party Just Yet

daniel / Tag: SPX, DJIA, COMP, PSCT, SOXX, FDN, TECL, IGV, SMH, FXL, QTEC, Technology sector, FED, FOMC, BERNANKE / 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

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