ETF/Mutual Fund Data updated through Thursday, October 2, 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. …
Stocks Break Three-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Finally, investors were able to get a slight sigh of relief today, not because markets showed big gains, but because there were no major losses. The S&P 500 ended the day flat, the Dow dropped 0.02% and the Nasdaq moved higher 0.18%. Small caps and energy stocks were the heroes of the …
Stumbling Lower; Domestic TTI Remains On The Plus Side
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets turned into a black diamond ski slope with only one way to go: Lower. The major indexes all surrendered some of their yearly gains with XLY, last year’s big winner, actually dipping into the negative YTD. Today’s downside acceleration confirmed yesterday’s international Sell signal, with the International Trend Tracking Index …
No Market Turn-Around For The Month Of September; International TTI In Bear Market Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, we can check this month off as the worst for the markets since January. The S&P 500 finished the month down just over 1.5%, the Nasdaq dropped 1.9% and the Dow ended down 0.3%. It seems that throughout the month stocks have been hurt by conflict abroad, in places like Ukraine, …
Markets Pull Back; Rattled By Hong Kong Protests
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Pro-democracy protests in Hong Kong shook the markets today. As if investors didn’t have enough global conflicts on their plate already. The Hong Kong protest is the latest geopolitical stir to snag Wall Street’s attention, and cause investors to pare back their risk-taking. Last week, U.S. markets went on a volatile ride …
ETFs/Mutual Funds On The Cutline – Updated Through 09/26/2014
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 398 ETFs, of which currently 253 (last week 306) are hovering in bullish territory. The second report includes only …