Mar 14, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions

Floodgates Open: JP Morgan The Latest To File For Active ETFs

Posted: 14 Mar 2010 04:50 AM PDT

In the last 3-4 weeks, it appears that the floodgates have opened for the actively-managed ETF sector, with nearly every week bringing a new announcement of a major player putting their chips on the table and filing to launch Active ETFs. March 10th marked the entry of JP Morgan (NYSE:JPM) into the ETF industry as it filed with the SEC to launch index as well as actively-managed ETFs.

JP Morgan’s “initial” Active ETF product will look to invest in large cap equities in the US while utilizing … [visit site to read more]


Weekly Review Of The Dow, Shanghai Stock Exchange And Hang Seng

Posted: 14 Mar 2010 01:01 AM PST

Dow Jones Index

For this week’s stock index move, Dow Jones broke 10440 and advanced on high volume. This increased volume signifies strength  in the advance. The index should pull back on immediate resistance of 10730 for a breather. This leg of recovery is a continued inbound trend from 9954.

Shanghai Stock Index

Shanghai index has a very interesting formation. On the day chart, it seems to be forming a small cup and handle. A break above the 3100 would be breakout from cup … [visit site to read more]

Stock Picks For Monday 15 March: Applied Materials, THQ, GigaMedia

Posted: 13 Mar 2010 10:01 PM PST

( click to enlarge )

Applied Materials (NASDAQ:AMAT) - Above is a daily chart of the AMAT showing a breakout failure and the subsequent fall back into the base. It looks like it is gonna squeeze some shorts to me. The technical chart shows the stock is currently in the rally as %K line is rising on top of %D line, indicate buy signal. Shareholders may remain invested with a stop- loss at $12.27. Watch for the move out of either side of the triangle.

( click to enlarge )

THQ … [visit site to read more]

Running Out Of Steam

Posted: 13 Mar 2010 06:26 PM PST

In a post at OilPrice.com, “Shipping Indices Highlight a Potential Commodities Sell Off,” Dave Forest points us to an interesting development.
It appears that the bulk of a recent decline in the China Containerized Freight Index, which tracks shipping prices for goods sailing from China to 11 different regions around the world, stems from a drop in just two CCFI sub-indexes: Eastern and Western U.S.
According to Forest, rates for shipments from China to Eastern U.S. fell 13%, while rates for … [visit site to read more]
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