Despite the S&P 500’s -1.79% loss over the past week, our ETF Model Portfolios showed some interesting discrepancies. 3 of them actually managed to gain during that period, while the remaining 3 out of the 6 featured suffered slight losses, but still stayed ahead of the S&P 500. On a YTD basis, nothing changed during this week, as the #3 …
Mutual Funds On The Cutline – Updated as of 7/11/2011 – More Improvements
Yesterday’s drubbing was a direct result of global uncertainties, especially in Europe, but also China’s sharp rise in inflation did nothing to soothe the nerves on Wall Street. Many funds have been meandering around the cutline with no clear direction. While some momentum numbers have improved, the DrawDown figures (DD% column) leave a lot to be desired and are in …
International Trend Tracking Index (TTI) Remains In Sell Mode
After bouncing around its long-term trend line for the past couple of weeks, the International TTI (Trend Tracking Index) finally fell back below it by -0.88%. As I wrote previously, I had been holding back issuing a new ‘Buy’ for “broadly diversified international funds/ETFs” due to lack of follow through to the upside. The goal was to avoid a whipsaw …
ETFs On The Cutline – Updated through 7/8/2011 – Upcoming Improvements
Last week’s rally attempt in anticipation of a super jobs report ran into resistance as the horrific unemployment numbers had Wall Street traders trying to put some lipstick on that pig. The ensuing sell off was modest at best, and the major indexes ended up gaining slightly for the week. Trend direction was predominantly sideways, which means not much happened …
Last Week In Review: ETF News And Blog Posts
In case you missed it, here’s a summary of the ETF topics that I posted to my blog during the week ending on 7/8/2011. Despite Friday’s horrific jobs report, the major market ETFs managed to eke out a gain for the week. The focus will now be on the upcoming earnings season, where surprises to the upside, because of reduced …
Pimco’s New Total Return ETF (TRXT) In The Limelight
The much anticipated arrival of Pimco’s New Total Return ETF (TRXT) went to the next level, as the annual charges were finally disclosed, as reported by Bloomberg: Pacific Investment Management Co.’s first active exchange-traded fund to be run by Bill Gross will charge annual fees of 0.55 percent, as the firm seeks to expand in the fastest-growing industry segment. Pimco …