ETF/Mutual Fund Data updated through Thursday, August 14, 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. …
Lessening Of Ukraine Concerns Drives Equities
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Comments from Russia, which were interpreted as conciliatory, turned into an assist for the markets despite some less than inspiring earnings reports. All the major indexes gained with only slight pullbacks throughout the day, as the chart above shows. 9 of the S&Ps sector indexes rose, with healthcare taking top billing while …
Stocks Move Higher Despite Disappointing Retail Numbers
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors pushed markets higher as biotech shares helped counter somewhat disappointing retail sales numbers. The Commerce Department shared with us today that U.S. retail sales stalled during the month of July, which was the weakest numbers we have seen thus far in 2014. Amazingly, the major indexes rallied, as the chart above …
Favorable Jobs Report Just Couldn’t Cut The Mustard Today
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes here in the U.S. ended lower today, despite a favorable jobs report from the Labor Dept that showed job openings are at their highest level since February of 2001. The S&P 500 dropped 0.15%, the Dow finished down 0.05% and the Nasdaq slipped 0.28%. For all you lovers of …
Stocks Edge Higher Amidst Easing Ukraine Tensions And Demand For Ebola Cure
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets closed higher, driven higher by a bit calmer geopolitical tensions abroad, as well as favorable comments from the Fed. The S&P 500 gained 0.3%, the Dow rose 0.10% and the Nasdaq ended the day up 0.7%. Consumer staples and technology were the leaders in the S&P 500, and another interesting …
ETFs/Mutual Funds On The Cutline – Updated Through 08/08/2014
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 297 (last week 297) are hovering in bullish territory. The second report includes only …