All Things ETF

I should be posting more but its still summer, and I am 'blaming it on the alcohol'. Ha-ha. Hung out with an old classmate last night until 2 AM this morning; catching up on where and what we've done so far in life and of course, we were trying to score with hot chicks in the bar. Didn't happen. Lol! I didn't drink much, just a couple of beers, but wow-w, this morning I felt like I had been drinking all night. Mid-afternoon and I am still trying to shake it off. Parsing the Feds- excerpt from August 12, 2009 press release: "Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out. Conditions in financial markets have improved further in recent weeks." What does that mean? Hmm! Leveling out, leveling, leveling out. Hmm! Leveling out to or from the sharp 90 degree downward economic spiral that the economy experienced over the last 24 months? OK, the Feds didn't really say much. Meaning, we m

I was perusing through the many web news sites yesterday and I was just amazed at how much news and market stuff, most of it irrelevant, is out there. Wow-w-w! The important news of the day though is that the Federal Reserve Open Market Committee has been meeting since yesterday with an expected policy announcement due today at 2:15 pm. I was surprised again to see the Dow up 135 points as of 10:51 AM. I think what most investors and traders are looking for is an official announcement or wording from the Feds about the current recession's strength whether it was ' ending ', ' ended ' or ' ebbing '. You know a reason to continue buying or start dumping stocks. 8/12/2009 11:02 AM

Good afternoon everyone. Como sea todos. No this is not a Spanish blog, its the AllThingsETF blog , where you get great advice, news and investment ideas on ETFs that have the potential to make you money. I'll be checking around town to see what's cooking in the stock market this week. So far its pretty quiet out there. Stepped out earlier today to run some personal errands and it was like an exercise in wasting gas. Arrgh! I got nothing done.