ETF/Mutual Fund Data updated through Thursday, October 23, 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 Top After Strong Earnings Reports Continue
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities got a major boost today from a bunch of strong earnings reports from companies such as Caterpillar (CAT) and General Motors (GM). The S&P 500 rose 1.24%, the Nasdaq gained 1.6% and the Dow ended up 1.32%. Airline stocks fared well today as both Southwest (LUV) and United Continental (UAL) came …
Markets Break 4-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets fell from their 4-day winning streak today as the S&P 500 gave back 0.74%, the Dow dropped 0.93% and the Nasdaq declined 0.83%. The Dow is now officially back in the red for the year. Despite the slide today, the market remains in better shape than it was a week earlier, …
Another Rumor Powers The Markets; Domestic TTI Back In Bullish Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets continued to rally Tuesday after a big Q3 earnings report from Apple (AAPL) after the closing bell yesterday. The S&P 500 gained 1.94%, the Dow rose 1.31% and the Nasdaq led the pack rising 2.38%. Earnings reports from five Dow companies came in mixed this morning before the opening bell. …
Stocks Continue To Rally From Friday; No New Ebola Cases Over The Weekend
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. markets are coming off another wild week of trading, where the Dow saw its most volatile period since 2011. The S&P 500 ended the day up 0.91%, the Dow gained 0.12% after a late-day rally and the Nasdaq posted a 1.35% gain. Investors have been nervous over the spread of Ebola …
ETFs/Mutual Funds On The Cutline – Updated Through 10/17/2014
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 105 (last week 121) are hovering in bullish territory. The second report includes only …