Below we highlight the key ETFs that we follow that are currently trading the farthest above their 50-day moving averages. As shown, the Internet stock ETF (HHH) is currently on top of the list at 10.31% above its 50-day. Malaysia (EWM) ranks second at 9.29%, followed by Base Metals (DBB), Australia (John Mauldin submits:
This week I spoke to a small group of businessmen/entrepreneurs about the current economic environment, and after my presentation one asked me whether I didn't have any good news for them, with a kind of gallows humor laugh. And I tried. But upon reflection there is more I could have said, so this week's letter will be what I should have said to be a little more encouraging.
The group was a Vistage group in which my daughter Tiffani participates. This is an organization of 12 businesspeople (in this case all CEOs of small businesses)...
Late last week, Chase Coleman's hedge fund Tiger Global took a 1% stake in LinkedIn, a professional networking site for $20 million. This is a private investment and was made with existing shareholders. Last week we also highlighted how Tiger Global bought a stake in Russian travel portal Anywayanyday.com. Given this recent wave of private investment activity, we wanted to closely examine the themes at play here.
While ETFs digested the improved labor market news this morning, the markets held off on making any bold moves in either direction.
According to the ETF Dashboard, some of the top-moving funds this morning are gold miner ETFs, which is on the backs of strong second-quarter earnings from the sector:
What if determining stock market direction was as simple as wetting your finger in the outdoors and holding it up to the sky? A cool breeze telling you if the wind was coming out of the northwest?
Not surprisingly, it has never been quite that easy. While we have trendlines that we base on moving averages — 50-day, 100-day, 200-day — the predictive value of price change information has always been imprecise.
A second week of earnings did little to clarify the market’s direction despite quality reports out of a host of important American corporations. After another flat Monday, markets surged on Tuesday after a strong report from Apple boosted hopes for the consumer discretionary sector as well as the electronics market. However, Fed Chair Ben Bernanke gave his biannual testimony to Congress on Wednesday in which he called the outlook for America’s economy ‘unusually uncertain’. He also stated that the Fed was considering other measures in order to boost...
With yesterday’s bearish report from the Federal Reserve, many investors are growing increasingly wary of a double dip recession. In his report to Congress, Fed Chair Ben Bernanke said that the outlook for the economy is ‘unusually uncertain’ and that this may prompt the board “to take further policy actions as needed.” This report sent investors heading for the exits and caused most major benchmarks to fall by over 1% in a matter of minutes, leaving many to wonder, like Bernanke, which way the economy will head in the...
With investors divided over the prospects for equity markets heading into the second half of 2010, another highly anticipated earnings season kicked off last week, with mixed results. After a flat Monday, markets surged higher following a slew of impressive reports, only to retreat after some disappointing numbers from the financial sector and a shockingly low reading from the consumer confidence index to close the week. That caused many who had been banking on a stellar earnings season to reevaluate their outlook, and hope for a new catalyst to emerge from reports still to come.
According to Nassim Nicholas Taleb, a Black Swan “is an event with the following three attributes. First, it is an outlier, as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility. Second, it carries an extreme impact. Third, in spite of its outlier status, human nature makes us concoct explanations for its occurrence after the fact, making it explainable and predictable.” Black Swans come in two varieties: there are the...
Technology firms, many of which rely on Europe for significant portions of their sales, have seen their share prices sink over the last month as the sovereign debt crisis has called into question growth prospects in the region for the foreseeable future. One hard hit company has been Amazon.com (AMZN), which has seen its shares fall by close to 18% since peaking on April 22nd. In addition to concerns regarding Europe, the company has taken a hit over fears regarding sales of its key ...
In midday trading Wednesday, the Internet HOLDRS ETF is outperforming other ETFs, up about 3.6% on the day. Components of that ETF showing particular strength include shares of Priceline.com ...
In trading on Monday, the Internet HOLDRs (AMEX:HHH) is outperforming other ETFs, up about 3.38% on the day. Also up on the day are the B2B Internet HOLDRs (AMEX:BHH) up 3.33%, and the iShares ...
By Eric Dutram, ETF Database | More Articles David Gardner called Netflix in 2004 at $15.42. He's up 546% as of April 23rd. See what David's recommending that you buy NEXT. With yesterday's ...
Despite declines in consumer confidence, a relatively unstable labor market and the G-20 emphasizing deficit reduction, three Internet retailers are illustrating a spark of light and could pose an ...
by Jack Steiman, SwingTradeOnline.com Why? Because the 60-minute charts, which were oversold are no longer oversold, yet there was no upside action as things wound back up. You want to see the ...
Since I got out of the Army, I have spent a good part of my career educating non-technical professionals about complex financial products and portfolio strategies. I found many things of interest ...
by Jack Steiman, SwingTradeOnline.com And a nice head fake it was indeed. The Yuan news from overnight out of China got the futures rocking much higher than that news seemed to be worthy of, but ...
By Chip Brian SmarTrend has detected shares of Internet HOLDRs Trust (AMEX:HHH) have bullishly opened above the pivot of $55.39 today and have reached the first resistance level of $55.62. We are ...
By Chip Brian SmarTrend has detected shares of Internet HOLDRs Trust (AMEX:HHH) have bearishly opened below the pivot of $54.65 today and have reached the first level of support of $54.17. Should ...
In the heat of the Nasdaq dotcom bubble of the late 1990s, some tech stocks were doubling in value every six to 12 months. We know with hindsight how it all ended, with the Nasdaq proxy ...
Stock News 
Hickey and Walters (
