Financial Exchange Traded Fund XLF Hits 4 Year High, Is There Another Leg To This Rally?
The financials are leading the market again. That hasn’t happened since before the crash of 2007-2008 and it’s a strong signal that the market could have a stronger long-term rally in the makings. The highly watched XLF exchange traded fund [...]
Posts tagged small caps
Financial Exchange Traded Fund XLF Hi...
Financial Exchange Traded Fund XLF Hits 4 Year High, Is There Another Leg To This Rally?
The financials are leading the market again. That hasn’t happened since before the crash of 2007-2008 and it’s a strong signal that the market could have a stronger long-term rally in the makings. The highly watched XLF exchange traded fund [...]
Will The Stock Market Rally Extend To...
Will The Stock Market Rally Extend To October 2012?
Stocks have made a comeback in the last few hours after treading water and drifting downward last week to end the quarter. It was still a good month and quarter for the stock market (see basic stats here). October 2012 could be a continuation of the September rally if technology, small cap [...]
Financials and Small Caps Rise Ahead ...
Financials and Small Caps Rise Ahead Of September FOMC Meeting 2012 On QE3 Expectations, German Court Ratifies EFSF:
The sectors we are watching carefully moved up as traders await news from the Fed on QE3 at the September 2012 meeting. Fed Chairman Ben Bernanke will let market participants know more tomorrow and some traders moved in antic [...]
ISM Contracts For 3 Straight Months A...
ISM Contracts For 3 Straight Months As Investors Await ECB and August 2012 Unemployment Rate:
The Institute for Supply Management index reading today was more proof the economy is in slow recovery mode. The ISM dropped to 49.6% in August from 49.8% in July. This is the worst reading since July 2009 and the trend continues to deviate from w [...]
Case Shiller 2012 June Shows Home Pri...
Case Shiller 2012 June Shows Home Prices Bottomed But With High Unemployment, Will It Stick?
The S&P/Case-Shiller index shows home prices in June 2012 increased for the top 20-cities it tracks. Housing prices increased from the same month a year ago which is the first time there has been such an increase since the summer of 2010. This [...]
Small Caps And Tech Must Lead For The...
Small Caps And Tech Must Lead For The August 2012 Rally To Continue:
The market may be taking a breather in the short run after several days of consolidation and rangebound trading. U.S. equities broke to the upside at last week but many investors are still skeptical of this rally and are underweight stocks. For the rally to continue, sect [...]
Small Caps Participate As August 2012...
Small Caps Participate As August 2012 Rally Continues, Jobless Claims Relatively Unchanged:
Small caps finally caught up to the overall market as stocks jumped after digesting more positive news about the economy even though Walmart didn’t help equity prices rise today. Initial jobless claims were part of the positive sentiment in tod [...]
Stocks Stay In Tight Range As Early A...
Stocks Stay In Tight Range As Early August 2012 Trading Lulls On Exceptionally Light “Vacation Volume”
Traders were reticent to make bold moves in the last few trading days as the NASDAQ and S&P 500 crept higher but with no conviction. The Dow Jones Industrial Average fell to 13,165.19 -10.45 or -0.08%, the NASDAQ rose to 3 [...]
Stocks Extend Early August 2012 Rally...
Stocks Extend Early August 2012 Rally But Small Caps Underperform:
Stocks extended yesterday’s gains with the S&P 500 rising comfortably above 1,400. The price increases were led by financials and tech again today but the rally faded by 3:00 PM. The S&P 500 rose to 1,407 and got bulls ready for more action this month but the [...]
Draghi Disappoints At August 2012 ECB...
Draghi Disappoints At August 2012 ECB Meeting But Market Takes It In Stride:
Did Draghi do damage?
Mario Draghi talked-the-talk but apparently wasn’t able to walk-the-walk. But on second thought, perhaps he actually accomplished his goal? Monetary policy works best by inference and signaling. The ability for Mario Draghi to make the s [...]
