Market Talk June 2009

[XL-entLady]

ETF Rewind - Week 23 (06/05/09) (http://etfrewind.blogspot.com/)

http://3.bp.blogspot.com/_uzVbkLlVFKM/SivKLVmA8MI/AAAAAAAACNs/m-5IucjCcj4/s400/Week_23_Table.png (http://3.bp.blogspot.com/_uzVbkLlVFKM/SivKLVmA8MI/AAAAAAAACNs/m-5IucjCcj4/s1600-h/Week_23_Table.png)(Click Image to Enlarge/ Glossary (http://marketrewind.blogspot.com/2008/09/weekly-rewind-retool.html))

"Last week the S&P500 (SPY) continued its upward trajectory well above long-term moving averages and towards 1,000 territory. The +2.2% move was facilitated by early-month trade and a slew of hopeful economic signs. Week Twenty-Four of 2009 features another busy earnings and economic calendar, including the Beige Book release and Retail Sales report:


Yahoo! - U.S. Economic Calendar (http://biz.yahoo.com/c/ec/200924.html)
Yahoo! - U.S. Earnings Calendar (http://biz.yahoo.com/research/earncal/20090608.html)

Retail Sales should be particularly interesting given Friday's retractive Consumer Credit report (LA Times - Consumer Credit (http://latimesblogs.latimes.com/money_co/2009/06/us-consumers-continue-to-pay-down-debt-at-a-brisk-pace----either-on-their-own-or-because-their-bankers-are-cutting-them.html)). Enjoy Your Weekend!"


http://marketrewind.blogspot.com/


Lady

[XL-entLady]

Market Rewind has just published its latest ETF Rewind table.

http://marketrewind.blogspot.com/

The accompanying commentary points out some price divergences between the major markets. As always, there is a lot of good information to be gleaned from studying today's summary of ETF action over the past several time periods. Jeff Pietsch does the work and puts it into an easy format to grasp. Good stuff.

Lady