ETF/Mutual Fund Data updated through Wednesday, December 31, 2014 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 10/22/2014 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a “Sell” for this arena effective 10/14/2014, …
Major Indexes Drop As S&P 500 Turns Negative For The Month
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities slipped with the sell-off accelerating late in the day as volume dropped way below its three-month average. That is sure to change on Friday the first trading day of the New Year when we will be off to the races again. There was no earthshaking news other than that applications for …
Stocks Drop Before The New Year As Investors Secure 2014 Profits
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today as both the S&P 500 and Dow closed lower. Utilities, which have been 2014’s best performing sector, led the decline with a drop of 2.1%. Perhaps investors are closing out a profitable year, given the fact that the Dow edged above 18,000 and the S&P …
Markets Close Mixed On Light Trading; Oil At Lowest Price In 5 ½ Years
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed today; however, the S&P 500 once again reached a record high. That marks the 53rd record close this year. Now is not the time to be shy at the pump, because oil prices fell another 2% with crude for Friday delivery settling at $53.61 a barrel. Speaking of oil, …
ETFs/Mutual Funds On The Cutline – Updated Through 12/26/2014
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 410 ETFs, of which currently 251 (last week 248) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will Greece Experience A Real Crisis After General Elections In January?
The crucial third-round of Greek Presidential elections is due Monday and there is a 60 percent probability the ruling coalition will fail to collect the 180 votes required to elect the nation’s president, leading to general elections in January, said Holger Schmieding, chief economist at Berenberg Bank in London. If the Hellenic nation goes to polls in January, it would …