Bonds In Focus: Dave's Daily

BEN AT WORK

Those that don't may be shunted to the side and quickly forgotten, but with volume still incredibly light, POMO has a greater impact certainly. Monday featured another $7.79 billion action which lifted stocks almost immediately off their lows. A coincidence? Hardly. This rally has been "Fed fed" since September as Ben has stated he "wants" higher stock prices. Fed governor Janet Yellen stated Monday in a speech she expects the $600 billion QE2 program to continue until June -- so print away!

Earnings are on tap and they could be great. Guidance and outlooks will be more important since no doubt all companies will "beat" and report "better than expected" reports.

Markets are more U.S. focused then we've seen in awhile as troubles continue to plague the euro zone, economic issues linger in Asia and emerging markets in general.

After the close, Alcoa reported earnings that beat on headline operating earnings but good luck wading through all the charges.

Stocks were down sharply early and then came off their lows after POMO was announced and results posted. Also Yellen's speech continued to give a green light for bulls. Breadth was flat to mixed with tech outperforming.

Continue to U.S. Sectors, Stocks & Bonds

BONDS IN FOCUS

 

 

 

 

We're talking about bonds and to hear some cynics talk government bonds may become too abundant and worth something only to collectors.

With the developed world awash in baby boomers, they're becoming a yield-hungry bunch. This isn't lost on ETF providers and the following is a dozen or so representative issues with some data history.

 

Continue to Concluding Remarks

Those are enough bonds to keep you clipping coupons one would think. We could have posted some preferred, high dividend, REITs and utilities but we'll save those for another day.

The focus now is on earnings which will start to rollout like a flood soon enough. Until that major impact occurs we'll sneak-in some bond issues for now.

Let's see what happens. You can follow our pithy comments on twitter and become a fan of ETF Digest on facebook.

 

Disclaimer: Among other issues the ETF Digest maintains positions in: no positions in the above.

 

The charts and comments are only the author's view of market activity and aren't recommendations to buy or sell any security.  Market sectors and related ETFs are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of market conditions for the featured period.  Chart annotations aren't predictive of any future market action rather they only demonstrate the author's opinion as to a range of possibilities going forward. More detailed information, including actionable alerts, are available to subscribers at www.etfdigest.com .

 

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.

Dave Fry is founder and publisher of ETF Digest, Dave's Daily blog and the best-selling book author of Create Your Own ETF Hedge Fund, A DIY Strategy for Private Wealth Management, published by Wiley Finance in 2008. A detailed bio is here: Dave Fry.

More from ETFs

60 Seconds: What's the Difference Between an ETF and a Mutual Fund?

60 Seconds: What's the Difference Between an ETF and a Mutual Fund?

Video: Why Shark Tank Star Kevin O'Leary Is Doubling Down on Internet Stocks

Video: Why Shark Tank Star Kevin O'Leary Is Doubling Down on Internet Stocks

Simple Investing Strategies Stand the Test of Time

Simple Investing Strategies Stand the Test of Time

This Technology ETF Could Be Signaling a Looming Tech Stock Rout

This Technology ETF Could Be Signaling a Looming Tech Stock Rout

The End of Retailpocolypse? This Retail ETF Is Soaring

The End of Retailpocolypse? This Retail ETF Is Soaring