ETF/Mutual Fund Data updated through Thursday, May 8, 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. …
Equities Bounce Aimlessly; European Central Bank May Cut Interest Rates
[Chart courtesy of MarketWatch.com] 1. Moving The Markets There was not much movement up or down in the U.S. equity markets today. Both the S&P 500 and the Nasdaq closed slightly in the red zone, while the Dow managed to squeeze out some positive gains. Utilities and technology companies led sector losses. The trend continues to be investors selling out …
Markets Bounce Higher; Responding Well To Yellen’s Speech
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wednesday was a rather uneventful day across the board with the S&P 500 and Dow climbing and the Nasdaq stumbling. Tech stocks continued to fall out of favor as worries of overvaluation continue to be the culprit. A number of Nasdaq listed stocks have taken quite a beating over the past two …
A Pullback Tuesday For The Markets
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets took a hit today, a day after the Dow and S&P 500 closed near record highs. The Nasdaq took the largest hit, while the S&P and Dow dropped dropped by lesser percentages. Again, we see the Nasdaq, which is filled with those big momentum social media and tech stocks, showing the …
A Shaky Morning, But Markets Recover In Afternoon Trading
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks rebounded today after a shaky start this morning. All three major indexes finished in positive territory, with the Nasdaq leading the way up as the chart above shows. Earnings season is winding down, but Target (TGT) announced today that their CEO, Gregg Steinhafel, has resigned from the position effective immediately and …
04-30-2014
The ETF/No Load Fund Tracker Monthly Review—April 30, 2014 US Stocks Show Mixed Gains In April; Europe Fares Better US equity indexes showed a mixed picture in April with the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 heading higher. The DJIA hit a record high for the first time this year while the S&P 500 staged only …