Although trading volume remains anemic, with NYSE volume below 900 million today, equity bulls continue to run the show as the global “wall of worry” seems to suit them just fine, thank you.

smartindale / Tag: ETF, FRX, GTS, IDU, iShares, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, KRA, linkedin, long/short, MERC, sector-rotation, sectors / 0 Comments

Are the Markets Draped in the Emperor’s New Clothes?

by Daniel Sckolnik of ETF Periscope

“Get your facts first, then you can distort them as you please.” -- Mark Twain

What exactly are the equity markets on, anyway?

Bulls continue to shake off global challenges to keep the market in rally mode heading into the end of the first quarter, led by powerhouse sectors Basic Materials and Energy as well as Healthcare and upstart Telecom. In fact, the S&P 500 is on track to achieve its largest first quarter return since 1998. The SPY closed today at 132.77, up 5.6% on the quarter with one more trading day to go.

smartindale / Tag: ETF, FRX, HUM, IDU, iShares, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, linkedin, long/short, OMN, PUDA, sector-rotation, sectors / 0 Comments

Bulls Gone Wild

daniel / Tag: BLACK SWAN, DJIA, Dow Jones Industrial Average, ETF, IYZ, PRN, S&P 500, SPX, VXF, XBI / 0 Comments

Market bulls found support at the right time and pulled another rabbit out of their hat. It’s good to have friends in high places, as the Fed’s POMO money continues to flow, including another $6+ billion today for the purchase of Treasuries (which tends to find its way into equities). Last Wednesday, I suggested that the extreme weakness might have been a selling climax, and it turns out that is was – at least for the short term.

smartindale / Tag: ETF, IDU, iShares, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, JBL, KRA, KRO, linkedin, long/short, LTXC, OVTI, sector-rotation, sectors / 0 Comments

Of Black Swans, Market Meltdowns and ETF Hedges

by Daniel Sckolnik of ETF Periscope

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” --  Winston Churchill

The markets are standing firmly on some shaky ground.

Last week I wrote about the market’s impressive run off the March 2009 V-bottom. But since then, the bottom has fallen out, led by the Technology sector. Those of you who read this column regularly know that I have been opining that the rally has been pretty much manufactured by the Fed and their quantitative easing initiatives, but more recently the signs of economic recovery have been taking shape without much inflation.

smartindale / Tag: ETF, IDU, iShares, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, JBL, KRO, linkedin, long/short, MERC, RBCN, sector, sector-rotation / 0 Comments

Sheik, Rattle and Roil: Markets at a Crossroads

by Daniel Sckolnik of ETF Periscope

“It's not what you look at that matters, it's what you see.” --  Henry David Thoreau

It has taken a force of nature to knock the geo-political turmoil of the Mideast from the forefront of the financial community’s radar screen.

Today marks the two-year anniversary of the V-bottom that launched an impressive bull market. Since then, the SPY large cap is up about 95%, while MDY mid cap and IWM small cap are up about 135%. Leading sectors include Basic Materials, Industrials, and Financials, which are each up at least 150%. Pretty impressive.

smartindale / Tag: BRKS, ETF, IDU, IOSP, iShares, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, linkedin, long/short, MERC, RBCN, sector, sector-rotation / 0 Comments

Rude Crude and the Fear Index

by Daniel Sckolnik of ETF Periscope

“If you want to conquer fear, don't sit home and think about it. Go out and get busy.” ~  Dale Carnegie

daniel / Tag: CBOE, COMP, DJIA, Dow Jones Industrial Average, ETF, IYZ, Nasdaq Composite Index, S&P, SPX, USO, VIX, VXX, XHB, XLK, xlv / 0 Comments

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