There is one quality which one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it. -- Napoleon Hill

Wall Street seems to be feeling frisky lately, with major indices testing, poking and prodding record highs. And, in spite of the fact that the CBOE Volatility Index has been jolted back to life, the domestic economy seems to be exhibiting tendencies of slow, steady but solid growth.

But will Washington politics manage to upset Wall Street’s upbeat apple cart? Read more about ETF Periscope: Will Lagging Global Market Puncture Wall Street’s Quest for New Highs?

daniel / Tag: DJIA, SPX, COMP, PSP, KBE, KRE, IYG, XLF, ISM / 0 Comments

Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step.”  -- Lao Tzu

Wall Street has been traveling in a tight line this past week, a classic tightrope walk between greed and fear. Investors seem unwilling to take profits off the table resulting from the year’s uptrend, not wishing to miss any of current Bull Run, but also appear reluctant to allocate more cash towards equities, at least for the moment. Read more about ETF Periscope: Is the Eurozone Waving a Red Flag at the Bull Rally?

daniel / Tag: DJIA, SPX, PSP, KBE, KRE, IYG, XLF, Finance Sector, Eurozone, Europe, Sequester, CBO / 0 Comments

david trainerThe financial sector is one of four sectors to earn our “dangerous” rating and is the worst-ranked sector in the our 3Q11 Sector Roadmap report according to my methodology at New Constructs. Read more about Don’t Gamble In Financial Sector ETFs

dtrainer / Tag: AFL, C, FAS, FXO, IAK, IAT, IYF, IYG, KBE, KBWP, KCE, KIE, KRE, KRU, MS, PFI, PIC, PJB, RWW, RYF, TRV, UYG, VFH, XLF / 0 Comments

Contrarian Alert: Sentimental Consumers and a Two-Year High

by Daniel Sckolnik of ETF Periscope

“A good decision is based on knowledge and not on numbers.”  ~ Plato

Calling all Contrarians. This might be your moment. Read more about ETF Periscope: Contrarian Alert: Sentimental Consumers and a Two-Year High

daniel / Tag: DJIA, Dow Jones Industrial Average, IYG, RKH, S&P 500 Index, SPX, TTH, XLU / 0 Comments

Fed Up and Fed Down

by Daniel Sckolnik of ETF Periscope

If you do not change direction, you may end up where you are heading.”  ~Lao Tzu Read more about ETF Periscope: Fed Up and Fed Down

daniel / Tag: BERNANKE, FED, FXH, GDX, IYG, XHB / 0 Comments