ETF/Mutual Fund Data updated through Thursday, March 27, 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 10/25/2011 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. …
Major Market Indexes Continue Backtracking; Office For iPad?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks fell today, erasing most of the S&P 500’s year-to-date gain, as banking and technology stocks led the selloff. The S&P 500 lost 0.19%, the Dow dipped 0.03% and the Nasdaq Composite dropped 0.54%. The S&P was able to remain above 1,840 though, which has become a benchmark support level recently. …
Heading Down A Slippery Slope
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets continued their predictable pattern of being inconsistent today. After starting the day higher following an encouraging report on orders for manufactured goods, stocks drifted lower in afternoon trading Wednesday and gave up their gains from a day earlier. Facebook (FB) led the technology sector lower as investors gave the company’s …
Markets Remain Bumpy; FB Makes Another Acquisition
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Equities bounced back today from a previous two day decline. Investors reacted well to a favorable reading on consumer confidence that showed positive signs of growth for the U.S. economy. All of the major indexes gained as the chart above shows. Additionally, nine of the ten industry groups in the S&P 500 …
Stocks Start The Week On A Down Note; Tech And Healthcare To Blame
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks took a tumble today, with the Nasdaq realizing its biggest daily percentage drop since early February, as some of the market’s recent best performers like technology and biotech shares led the way down. Weakness in the health care sector (XLV) also dragged the U.S. stock market lower. Pharmaceuticals got spanked …
ETFs/Mutual Funds On The Cutline – Updated Through 03/21/2014
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 398 ETFs, of which currently 356 (last week 361) are hovering in bullish territory. The second report includes only …