Trend Analysis

Mexico based equities have been punished for most of the month of May, with the largest ETF in the category, EWW (iShares Mexico, Expense Ratio 0.52%) finally taking a breather today on its 200 day MA after trading significantly lower yesterday intraday ($67.62) on very heavy trading volume. EWW...

Active mutual fund managers are supposed to earn their keep by outperforming their benchmarks. Therefore, investors in expensive large-cap funds that are simply replicating the index should probably move into cheaper index funds and ETFs tied to the S&P 500. Morningstar associate editor Adam...

The news of BlackRock shutting down one of  its exchange traded funds is just a normal part of a maturing and consolidating EF business. But it does bring into focus what happens for investors when a provider shuts down a fund. BlackRock iShares is the largest ETF provider by assets under...

Bloomberg is out with a great story and reminder this week about how investors who sold bullion-backed gold ETFs and are sitting on capital gains could be surprised by higher tax rates than equities. Gold is considered a “collectible” by the IRS, so gains on bullion ETFs held for over a year are...

Yesterday was up yet again and I have been reading that the last twenty five or so Tuesdays have all closed in the green. That’s not true on SPX, as that dropped 4 points on Tuesday 19th March, and another four points on Tuesday 12th March, but the run of positive Tuesdays has still been [...]

Heavy news schedule today, 10am, 10:30am and 2pm are the key times for news. Also, Bernanke is peaking today which should add additional ‘headline risk’ for today’s session. Support: 1659.50-1660.50 Mid point: 1664.75-1666.25 Resistance: 1672.00-1673.25 Notes: Bernanke speaks, Globex session has made a base and currently is breaking out of that. Expecting open auction in [...]

CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) was lower in early U.S. trading Wednesday after British retail sales plunged and the minutes from the Bank of England meeting this month revealed members are split on further quantitative easing. Policymakers were unanimous, however, on...

[755am] ES update - Nov2011 low in chart 1 should read Nov2012 low.

Junk bond ETFs such as the iShares iBoxx $ High Yield Corporate Bond Fund (NYSEArca: HYG) and the PIMCO 0-5 Year High Yield Corp Bond Index ETF (NYSEArca: HYS) hauled in about $10 billion in new investments last year, but that placed slowed to $1 billion through the first four months of 2013,...