ETF/Mutual Fund Data updated through Thursday, June 19, 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. …
A Last Minute Move To The Plus Side
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a roller coaster ride but, in the end, the major indexes managed to stage a turnaround, with the S&P 500 closing at a record level for the 21st time this year. The afternoon rally may have been a delayed response to Janet Yellen’s statement in which she confirmed rates to …
Stocks Gain On Fed News; Amazon’s Phone Hits The Market
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was the fourth day in a row that stocks gained across the board and the S&P 500 closed at a new record high. The Dow and Nasdaq both added 0.6% each. While Amazon’s new smartphone was all the rage in the news today, the real market mover was the Federal Reserve, …
Equities Manage A Third Day Of Gains
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a wobbly beginning, but the major indexes managed to pick up a little steam later in the session just enough to end up in the green for the third day in a row. The gains were modest as the above chart shows. Even a sharp rise in consumer prices in …
Markets Eke Out A Gain Driven By M&A Activity
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks mostly hovered between small gains and losses through much of the day as traders monitored the conflict in Iraq and considered its potential impact on oil prices. The S&P 500 gained 0.10%, the Dow added 0.03% and the Nasdaq posted a 0.24% gain. The markets have shown a lack of volatility …
ETFs/Mutual Funds On The Cutline – Updated Through 06/13/2014
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 376 (last week 384) are hovering in bullish territory. The second report includes only …