It is a mistake to look too far ahead. Only one link in the chain of destiny can be handled at a time.” -- Winston Churchill

With the US equity markets hitting new highs on what seems a daily basis as of late, investors may be forgiven if they haven’t been tracking the European economy as closely as they had in the recent past, when the Eurozone seemed to be in perpetual crisis mode.

daniel / Tag: SPX, DJIA, NASDAQ, COMP, EWP, EWG, FEZ, EWQ, EWI, VGK, Eurozone, Mario Draghi, PIIGS, LTRO / 0 Comments

Do not seek to follow in the footsteps of the wise. Instead, seek what they sought.” -- Basho

While investors may be getting a stiff neck looking up at the recent string of new market highs, they might soon look back wistfully at that minor level of discomfort as compared to the one they experience once the market dips low enough to touch the actual economy.

daniel / Tag: SPX, DJIA, NASDAQ, COMP, EWP, EWG, EZU, EWQ, FEZ. TWTR, ZU, FB / 0 Comments

The Eurozone has mainly been off the virtual front page of the financial section for the majority of the year to date. And for investors who may be wondering what all the quiet is about, wonder no more. For the moment at least, the single-currency union has been playing nice and may offer investors an opportunity to jump back into the water, or at least stick in a toe.

daniel / Tag: EWP, EWQ, FEZ, EWG, EWI, ECB, Mario Draghi, Eurozone, European Central Bank, S&P 500 Index, PIIGS / 0 Comments

“Every man's life ends the same way. It is only the details of how he lived and how he died that distinguish one man from another.” --  Ernest Hemingway

One is left to wonder if European Central Bank (ECB) President Mario Draghi intended to move the markets when he proclaimed that “he would do whatever it takes to save the euro.”  It is somehow hard to believe that someone who serves as head of arguably the second most important central bank on the planet would not be cognizant of how his words would impact global investors in such volatile times. 

daniel / Tag: EWD, EWG, NORW, EWP / 0 Comments
30
Jul
2012

QE3, ECB or Bust

Well, perhaps not literally, but it is high time that the Central Banks started following up on their statements with action. How many times have we heard “We will do whatever it takes to…” or “We have a number of choices to make regarding getting the economy going ….”  Can we please do one or two of those things?   Right now, getting Europe back on track is mandatory to avoid a catastrophic dismantlement of the euro.  And with withering domestic economic numbers, it is time for more action and less talk from our Fed Chairman.

david / Tag: CHK, FOLD, SNTA, GPX, VGK, IEV, EWP, EWI, FEZ / 0 Comments

"Most great people have attained their greatest success just one step beyond their greatest failure."“  --  Napoleon Hill

Last Friday’s 120-point smack down of the Dow Jones Industrial Average (DJIA) left the blue-chip index pretty much where it began at the beginning of July. It might be regarded as a microcosm of the entire year, one where the Dow has more or less trended sideways in spite of the occasional attempt to either break out or break down from that trend.

daniel / Tag: DJIA, XLK, IGV, IXN, EWP, EWI, FEZ, AAPL, FB, Eurozone, IMF / 0 Comments

"I have noticed even people who claim everything is predestined, and that we can do nothing to change it, look before they cross the road.” --Stephen Hawking

daniel / Tag: DJIA, Dow Jones Industrial Average, Eurozone, EWG, EWI, EWP, S&P 500, SPX, VIX, VXX / 0 Comments

Editor’s note: Walt Gault is the guest author this week. David Brown will be back next week.

walter / Tag: CELG, DAN, DELL, DXPE, EWP, Greek Default, MET, PCAR, STX, URI / 0 Comments

Despite last week’s little rally, April showers have dampened market. While it didn’t build into a torrential downpour, it steadily showered investors with worse-than-expected economic data, including last week’s dreadful Durable Goods Report (-4.2% compared to last month’s +1.9%), continued but minor increases in initial jobless claims throughout April, and a disappointing initial Q1 estimate of GDP (+2.2% compared the previous quarter’s +3.0%).

david / Tag: AAPL, AGCO, EWP, GOOG, GS, GTE, IEV, ORCL, PAAS, STX, VGK / 0 Comments

"The Pain in Spain: More Room for a Short ETF Bet?"

Sabrient's Daniel Sckolnik was quoted at length in this article by Ronald Fink in Institutional Investor:

sandra / Tag: Eurozone, EWP, IEV, PIIGS, Spain, VGK / 0 Comments

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