ETF/Mutual Fund Data updated through Thursday, August 8, 2013 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 The Domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Losing Streak Comes To A Halt Thanks To Data
[Chart courtesy of MarketWatch.com] U.S. equity indexes rebounded from the morning lows to close higher for the first time this week, halting a three-day drop, aided by a stronger-than-expected export growth report out of China and a smaller-than-anticipated rise in domestic jobless claims. The markets were also fueled by some widely followed companies like Tesla and Groupon, which skyrocketed based …
Growing Speculation On Fed Cuts Keeps Bears Growling
[Chart courtesy of MarketWatch.com] U.S. equities continued their red figures for a third consecutive session on Wednesday amid a mixed bag on the earnings front, while a sedentary economic calendar offered little help. Mortgage applications snapped a seven-week losing streak, while consumer credit expanded. Growing uncertainty over when the Federal Reserve may start to wind down its stimulus played a …
7 ETF Model Portfolios You Can Use – Updated through 8/6/2013
After several attempts, the S&P 500 finally managed to pierce the glass ceiling represented by the 1,700 milestone marker. Not only did we close clearly above it (1,710), we remained there for three days until yesterday’s sell off took us back below that level. With the earnings season winding down and talk of tapering due later on this year accelerating, …
Major Market Index ETFs Drop Again On Earnings And Fed’s Comments
[Chart courtesy of MarketWatch.com] U.S. equity ETFs slid for a second consecutive day amid a plethora of mediocre earnings reports on both sides of the pond, despite the U.S. trade balance narrowing to its smallest deficit since October 2009. Adding to the negative atmosphere on the markets were comments from a pair of U.S. Federal Reserve officials fueling concern the …
Stocks Go Off Track With Light Volume Sell-Off
[Chart courtesy of MarketWatch.com] Despite favorable services sector activity reports from China and the U.S., as well as an upward revision to Eurozone business activity data, U.S. equity markets fell from record highs Monday to kick off the week. About 4.6 billion shares changed hands on the New York Stock Exchange, the Nasdaq and NYSE MKT, the lowest for a …