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Mid-afternoon update

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...

Mid Morning update

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

UCS Afternoon update

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.

Getting it Right

The markets have fallen back into that tight narrow trading range. Small up days and small down days but it seems any day with a small gain has big positive psychological effects on the psyche of the average investor . I believe that it will stay like this for awhile. I think the run may be over for a minute. Well, if you have not made any money during the Dow's last run then too bad. Just kidding. For those of you who have missed out on the Dow's recent run, I've listed four previous posts on sector ETFs funds that have performed exceptionally well within the last six months. As the summer months grind on, expect more postings identifying ETFs in specific sectors that have the potential to make you money within the remaining six months of the year. Four Energy ETFs- 4 ETF Fund in the Energy Nebulae Three Gas ETFs- Natural Gas Unnatural Rise Five Value ETFs- Quality not Quantity- Large Cap Value ETFs Three Technology ETFs- The Power of Technology It's interesting to...

UCS Morning Update

Good Morning everyone. Well it's been a few days, since my last post. Wow! The market keeps going up and up and I am not seeing anything to suggest that it is going to pullback in any major way. Although, I am still predicating a pull-back since last week. However, its just a few sectors such as technology , health care and a recovering financial sector that are really powering the DJIN and the major indexes. In addition, the DJIN Index is not bogged down anymore by two money losing companies- GM and Citigroup ; both were removed from the DJIN Index earlier this year and replaced by Cisco , the largest maker of computer-networking equipment and Travelers , the second biggest commercial insurer. The DOW is now very buoyant and light. Of course there are other reasons why the DOW is rising but we will leave that to another future post. In the meanwhile, tread carefully. 8/04/2009 9:52 AM

Common Sense Economics

Good morning everyone. I did not post anything yesterday. I was feeling sleepy and groggy, ugh- allergies! OK, who cares. Lol. Let's get this show on the road. Today, I am expecting a slight rebound in the markets. The keyword is 'slight'. I believe that the recession is over but many Americans feel that it isn't, even though the current administration has done enough to avoid a worse scenario. I spoke with local real estate economist Todd McKissick who suggested in a series of articles that foreclosures, the health of the corporate credit markets and continuing rise in unemployment may dampen any kind of serious recovery. Although true, the economy as a whole is on the mend. Albeit, it has been a mixed bag by many companies based on the health of the earnings being released this quarter- meaning, it could be worse. Many firms have been able to protect their margins and grow because they have reduced their payrolls, put capital spending projects on hold, and reduced ...

UCS Morning update

I am trying to clear the fog from my brain. The brain juices are not flowing today, yet. Another day of earnings announcements; Sotomayer's nomination vote; health care wrangling before the August break and so forth. WSJ Before-the-bell reports a lower opening this morning. As of 10:14 AM this morning the Dow Jones was down about -54 points. I will be focusing on technology sector ETFs today. I found an interesting article on technology ETFs by Deron Wagner , who is looking for technology ETFs to make a pull back . I thought his technical analysis was sound and may be worth a read. 7/28/2009 10:25 AM