Scott MartindaleU.S. stocks rallied on Election Day Tuesday, ostensibly in anticipation of a “surprise” Romney win. But on Wednesday, after huge dollars were spent on rancorous campaigns and attack ads that only further deepened the divide in our country, we woke up to find ourselves with the same President and divided Congress that previously failed to address the looming Fiscal Cliff. Read more about Sector Detector: Focus returns to corporate earnings and Europe

smartindale / Tag: iShares, ETF, sectors, VIX, SPY, QCOM, IYF, IYH, iyw, IYK, IYJ, IYM, IYE, IYC, IYZ, IDU, V, WPI, SBNY, DVA / 0 Comments

Scott MartindaleI was supposed to be in New York City this week, but Sandy the super storm had other ideas. Some writers are suggesting that since the storm has passed, we can all start getting back to business. But of course, some densely-populated areas In New York and New Jersey have been so devastated that normalcy is a long ways off. Read more about Sector Detector: Stocks attempt to launch a pre-election rally

smartindale / Tag: ETF, sectors, iShares, AAPL, VIX, SPY, IYF, IYH, iyw, IYK, IYE, IYZ, IYC, IDU, IYM, IYJ, V, ANAT, COO, WPI / 0 Comments

Scott MartindalePortfolio managers returning from their summer holidays have apparently liked what they’ve heard from the central banks. Although total volume remains modest, U.S. stock indexes have hit new highs. The S&P 500 finally busted out of its 3-month-long bullish rising channel. Read more about Sector Detector: Stocks finally break out from 3-month rising channel

smartindale / Tag: ETF, sectors, iShares, VIX, SPY, iyw, IYH, IYF, IYE, IYK, IYC, IYJ, IYM, IYZ, IDU, AAPL, GOOG, WPI, REGN / 0 Comments

Scott MartindaleDespite last Friday’s disappointing jobs report, stocks are staying strong. The S&P 500 hit yet another new high on Wednesday—its highest level since January 2008, while the Nasdaq is at a level not seen since toppling from its “irrational exuberance” days of late-2000 as the Internet bubble was bursting. The ECB seems to be getting a workable plan together to support the eurozone banking system and sovereign debt. Read more about Sector Detector: U.S. stocks still the place to be for global investors

smartindale / Tag: ETF, sectors, iShares, SPY, iyw, IYH, IYK, IYF, IYE, IYM, IYJ, IYZ, IDU, IYC, AAPL, IRF, VRA, TITN, CACI, EW, WPI, CTSH / 0 Comments

Last week’s events moved the market in a positive direction.  ECB President Draghi did indeed get approval to implement his sterilized bonds to assist weaker European nations from defaulting on their sovereign debt. Read more about What the Market Wants: What Else Does the Fed Need?

david / Tag: WDC, QCOR, TSO, WPI / 0 Comments