ETF/Mutual Fund Data updated through Thursday, November 14, 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 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a Sell for this area effective 8/9/2011. …
Markets Moving Higher; But So Do Jobless Claims
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Major U.S. market indexes moved higher as Janet Yellen, likely to win confirmation for the top post at the Federal Reserve, said the economy continues to need monetary support, bolstering expectations for prolonged stimulus measures. The S&P 500 rose 0.5% to 1,790.62 while the Dow Jones Industrial Average gained 0.4% to 15,876.22. …
Markets Continue To Climb As Yellen Inches Closer To Fed Reserve Seat
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Both the S&P 500 and the Dow Jones industrial average have been hitting a series of record highs this year (1,782 even and 15,821.63, respectively) as the economy allegedly improves, the Federal Reserve keeps up its bond-buying program and as U.S. companies report higher earnings. All represent feel good signs as we …
7 ETF Model Portfolios You Can Use – Updated through 11/12/2013
While the markets staged a broad sell off last Thursday, the losses were quickly recovered on Friday as the dip buying crowed stepped in and pushed the indexes back to their previous highs. In the end, a week after the latest model ETF portfolio report, the major indexes are barely changed as new talk of reducing the QE stimulus program …
Taper Worry Is Back On
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes meandered with the Dow coming off its record high as worries about the Fed reducing its stimulus program sooner rather than later. Atlanta Fed president Lockhart threw the fly in the ointment by proclaiming that the central could cut back its bond buying program as soon as December while …
The Dow Makes Us Bow Again
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow Jones has exceeded expectations once again as it rose to another all-time high today. It seems investors are “hanging 10” on the wave of momentum that the surprisingly strong U.S. jobs report created last Friday. This is a hard pill to swallow as we near year-end, because all-time highs like …