This is David Cohne, Head Strategist for No BS Investor, with your weekly market update and ETF & Stock Rankings.

Through February 9th, the S&P 500 is up 7.5% for the year, the Dow Jones Industrial Average is up 5.5%, the Nasdaq is up 12.4% and the EAFE index, which tracks the international markets is up 9.7% for the year. Our No BS ETF Trader model is up 11.2%.

Stocks were up slightly today after news of a Greek debt deal. The Dow was up 0.05%, the S&P 500 was up 0.15%, the Nasdaq was up 0.39% finishing at 2927.23. Greece,Greece,Greece. That’s all we have been hearing. The stock market will go the way of Greece. The country was in the news again with reports of a deal being closed with its private creditors. In the mean time, Greecemust comply with strict economic dealings to get their next bailout payment.

European stocks rose following the report. For instance Daimler AG was up 1.9% after reporting a 57% gain in net profit for the fourth quarter. In domestic earnings news, Time Warner Inc report better than expected fourth quarter results but its share price gained slightly. Another company that fared well is Ralph Lauren which had high income and revenue figures. Shares of Ralph Lauren were up 0.61% for the day. In addition Buffalo Wild Wings, Inc reported solid fourth quarter results and gained almost 3%. One company in the red was Sprint Nextel which lost 0.83% after it reported that the company is still losing money by subsidizing iPhones.

There wasn’t a whole lot worthy of mention on the economic front with the exception of a report that showed a four-year low last week for people seeking unemployment. Take this news with a grain of salt as the total unemployment situation (which includes the underemployed and those no longer applying) is still around 17%.

Our Free Weekly Rankings

These rankings reflect our top picks for next week.

For our weekly ETF Rankings, here are our top 5 ranked ETFs of the week.

1. (ZROZ) PIMCO 25 Year Zero Coupon
2. (EDV) Vanguard Extended Duration
3. (LTPZ) PIMCO 15+ Year US Tips
4. (IHF) iShares Dow Jones US Health Care
5. (IYT) iShares Dow Jones Transportation Average

For our weekly Stock Rankings, here are our top 5 ranked stocks of the week:

1. (CZZ) Cosan Limited
2. (RRGB) Red Robin Gourmet Burgers, Inc
3. (MW) The Men’s Wearhouse, Inc
4. (SCS) Steelcase Inc.
5. (PFE) Pfizer Inc

Please note these are rankings and not suggested portfolio holdings. For more information on model portfolios, please visit http://www.nobsinvestor.com or check out the current holdings of a Premium No BS ETF Investor & Stock Investor models below:

No BS ETF Investor Special Model Holdings

Unlock the content with a Like, a Tweet or a +1. Tweet

This is David Cohne, Head Strategist for No BS Investor, with your weekly market update and ETF & Stock Rankings.

Through February 2nd, the S&P 500 is up 5.4% for the year, the Dow Jones Industrial Average is up 4.0%, the Nasdaq is up 9.8% and the EAFE index, which tracks the international markets is up 7.5% for the year. Our No BS ETF Trader model is up 10.4%.

The general market indices were up for the day with the exception of the Dow, which was slightly down. This was due to strong global economic data and the mention of a deal in the works for Greeceand its private creditors. In international economic news, manufacturing activity increased heavily in countries such as China, France, Germanyand the UK, while here in the U.S., The Institute for Supply Management reported that manufacturing expanded for the 30^th consecutive month. The Purchasing Manager’s Index grew to 54.1%. In addition, the ADP National Employment Report conveyed that 170,000 private jobs were added in January. All this news led to higher share prices for finance firms such as Bank of America, Wells Fargo and JPMorgan Chase.

In other corporate news, a number of firms did quite well with their earnings results. U.S. Steel grew 0.87% today after their bullish outlook on Tuesday. CommVault Systems, which reported yesterday that profit for the fourth quarter rose 23% (which was better than expected), increased 0.89%. IAC Interactive grew 0.98% after its fourth quarter profit grew 170% while sales grew 32%.

Our Free Weekly Rankings

These rankings reflect our top picks for next week.

For our weekly ETF Rankings, here are our top 5 ranked ETFs of the week.

1. (ITB) iShares DJ US Home Construction
2. (PSCE) PowerShares S&P Small Cap Energy
3. (XOP) SPDR Oil & Gas Exploration & Production
4. (HDV) iShares High Dividend Equity
5. (XLP) SPDR Consumer Staples

For our weekly Stock Rankings, here are our top 5 ranked stocks of the week:

1. (CZZ) Cosan Limited
2. (SU) Suncor Energy Inc
3. (RRGB) Red Robin Gourmet Burgers, Inc
4. (MW) The Men’s Wearhouse, Inc
5. (SCS) Steelcase Inc,

Please note these are rankings and not suggested portfolio holdings. For more information on model portfolios, please visit http://www.nobsinvestor.com or check out the current holdings of a Premium No BS ETF Investor & Stock Investor models below:

No BS ETF Investor Special Model Holdings

Unlock the content with a Like, a Tweet or a +1. Tweet