Posts filed under “Index/ETFs”

Dow Jones by the Numbers

I normally NEVER care about PR releases — they are rarely on topic, and mostly worthless — but this run of Dow Jones data was surprisingly relevant to the end of Q1:

Dow Jones Industrial Average

Long term data
· Highest intraday level (12419.71 at 12:08:49 on 4.1.11) since June 6, 2008.
· Down 1787.81 points, or 12.62%, from its record close of 14164.53 on October 9, 2007.
· Up 13.27% from 52 weeks ago.
· Up 89.04% from its 12-year closing low of 6547.05 on March 9, 2009.
· Up 6.57% from its lowest close this year of 11613.30 on March 16.
· Year-to-date: up 6.90%.

Weekly data
· Up 156.13 points this week, or 1.28%, to 12376.72
· Up for the second consecutive week.
· Up 518.20 points, or 4.37%, in two weeks.
· Largest two-week point and percent gain since the two-week ended June 18, 2010.
· Highest close since February 18, 2011.
· Up nine of the last 12 trading days.

Category: Index/ETFs, Investing, Markets

10 Reasons I Am Thinking About Japan

As of late, I have been intrigued by Japan. It is a part of the world that investors seem to detest ignore, despite signs of technical improvement. I’ve talked about this in the office, and with some of our clients who either own specific Japanese names — or live there. The thought process is Japan…Read More

Category: Index/ETFs, Investing, Technical Analysis, Trading

Value Line Arithmetic vs Geometric Index

My pal David Rosenberg points out that the Value Line Arithmetic Composite Index is at an ALL TIME HIGH. (This is an equal weighted price index of the 1650 stocks surveyed by Value Line, averaged daily). Dave writes: “The average stock, by the way, according to the Arithmetic Value line index, just hit a new…Read More

Category: Index/ETFs, Markets

Comparing World Indices

Today’s chart porn is a quick look at major world indices since January 2000, via the always excellent D-Short. > click for ginormous chart > Hat tip Grant Williams

Category: Index/ETFs, Investing, Technical Analysis

Investing Like a Psychologist: Listening to Market Themes

Quick:  What do great symphonies, great novels, financial markets, and the conversations of clients and therapists have in common? Answer:  All follow distinctive themes.  Much of the meaning that we find from all of them lies in our ability to track these themes across their many shifts and permutations. A composer or novelist brings themes…Read More

Category: Commodities, Currency, Fixed Income/Interest Rates, Index/ETFs, Psychology

Jeremy Siegel is not having a good year

Its been a tough year for the U Penn prof. First, the market has gotten cut nearly in half, something many buy & hold investors admit is possible, but is supposed to a rare occurrence. But as we have seen in 2008, and 2001-03, and 1972-73, these sorts of brutal bear markets are a lot…Read More

Category: Index/ETFs, Investing, Markets

8,893 “Bill Millers”

> I am especially pleased to present today’s Think Tank piece by James Bianco. Jim has run Bianco Research out of Chicago since November 1990. He has been producing fixed income commentaries with a circulation of hundreds of portfolio managers and traders. Jim’s commentaries have a special emphasis on: money flow characteristics of primary dealers,…Read More

Category: Index/ETFs, Investing, Think Tank

FusionIQ S&P 500 Equity Market Review

Kevin Lane is one of the founding partners of Fusion Analytics, and is the firm’s director of Quantitative Research. He is the main architect for developing their proprietary stock selection models and trading algorithms. Mr. Lane is a member of the Market Technicians Association. ~~~ As seen below in the S&P 500 has been capped…Read More

Category: Index/ETFs, Markets, Think Tank

Vanguard’s Jack Bogle

Jack Bogle is having an author event at the Barnes & Noble on Fifth Avenue (555 5th/between 45 & 46), at 6:30PM June 17. He recently published a book called “Enough.” Not sure how people feel about Jack. I like his criticism of Wall Street in general, but given what giant shareholders Vanguard is, I…Read More

Category: Corporate Management, Index/ETFs

Buh Bye: GM, Citi Get the Boot

As previously announced, both Citigroup and General Motors will officially get the boot from the Dow Jones Industrial Average this morning. Replacing them were Travelers Corp. and Cisco Systems, respectively. So long . . .

Category: Index/ETFs