ETF/Mutual Fund Data updated through Wednesday, November 12, 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, …
Markets Back On Track; Wal-Mart Impresses – Oil Continues To Slide
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks are back on track this Thursday after dropping slightly yesterday. The Dow was able to post another record high-water mark at the close of trading today, finishing up 0.23%. The S&P 500 gained 0.04% and the Nasdaq stood at an 0.10% gain at closing. The gain in the Dow was largely attributed …
Markets Drop, Snapping A 6-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today, dragged down mostly by the financial sector after hearing today that six big banks were fined $4.3 billion in a settlement over foreign exchange manipulation charges. The S&P 500 and Dow both closed a tad lower, which snapped a 6-day streak of daily gains. The …
New Records For S$P 500 And Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bond markets were closed in observance of Veteran’s Day, so trading in equities was thin, which may have contributed to the continuation of the rally. It was a see-saw session, as the chart above shows, but the major indexes managed to close in the green despite no economic data points. In …
Up, Up And Up Again The Markets Go
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the markets continue on their march up the mountain of gains as both the Dow and S&P 500 marked record highs again today. The U.S. economy continues to improve and corporations report better-than-expected earnings. Today, the S&P 500 gained 0.3%, the Dow rose 0.23% and the Nasdaq trumped all adding 0.42%. …
ETFs/Mutual Funds On The Cutline – Updated Through 11/07/2014
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 266 (last week 287) are hovering in bullish territory. The second report includes only …