by Dan Gibby | May 26, 2019 | ETF Past Letters
With the escalating trade war with China (and Iran tensions, political deadlock, rising bonds, falling oil and copper prices, etc.), the Dow had its fifth straight weekly loss, the first time that has happened since 2011. The U.S. economy is slowing, with the current...
by Dan Gibby | May 19, 2019 | ETF Past Letters
Trade news dominated the markets, but the impact varied, depending on the market. Bonds rallied on perceptions that trade frictions would slow the economy and force the Fed to lower interest rates (75% bet now) to stave off a recession. Treasury yields fell to the...
by Greg Capra | May 12, 2019 | ETF Past Letters
New North Korea missile tests. A trade standoff with China. Fresh nuclear tensions with Iran. A lot to worry about for sure. Last week was down across the board, but last Friday had a nice bullish reversal suggesting at least a short-term bounce. Last week SPY...
by Greg Capra | May 5, 2019 | ETF Past Letters
Last week’s winner in the more widely followed sector ETFs was the Health Care Equipment Sector (XHE), which has now rebounded just over 7 ½% from its low a couple of weeks ago and was up almost 3% last week. The amazing part of this move higher was that it was...
by Greg Capra | Apr 28, 2019 | ETF Past Letters
Investors have been happy to pile back into stocks as the Federal Reserve stands pat on interest rates (and Fed Funds Futures still give probability of future rate cut). 46% of S&P 500 companies have reported earnings, with 80% beating estimates. The S&P 500...
by Dan Gibby | Apr 22, 2019 | ETF Past Letters
Except for the Russell 2000, major stock market indexes continue to march higher, negating any fears of a slowing economy or otherwise. Although the yield curve got out of its inverted state, low bond yields still suggest economic weakness. Jobless claims remain at...
