Jeffry Gundlach, the famed bond-fund manager of DoubleLine Capital that oversees $64 billion in assets, recently got involved with State Street Global Advisors (SSgA) to launch its first exchange-traded fund in the country. The newly launched SPDR DoubleLine Total Return Tactical ETF (TOTL) is an actively-managed fund that will face the challenges in a slowly evolving fixed-income landscape and will …
ETF/No Load Fund Tracker Newsletter For April 17, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04162015/ ———————————————————— Market Commentary STOCKS LOWER ON THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks declined this week, closing down about 0.5% as measured by the S&P 500. The markets bounced around in a narrow range for the most part as investors …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 04/16/2015
ETF/Mutual Fund Data updated through Thursday, April 16, 2015 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, …
As Oil Trends Up, Stocks Go Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell in late trading and closed slightly lower as the rebound in oil prices continued and investors assessed another batch of corporate earnings reports. It was a great day for IPOs. Shares of four companies all rose on their first day of trading. Online craft company Etsy (ETSY) rose 88% to …
Markets Climb On Positive Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Netflix (NFLX) was all over the news today. The stock surged more than 12% today after the public welcomed earnings news that the company’s revenue jumped 24% and membership surpassed 60 million global users. The Nasdaq composite index reacted accordingly, jumping back above the 5000 mark for the day to close at …
Indexes Close Mixed As Energy Stocks Rally On Higher Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes closed mixed as energy stocks rallied on higher oil prices, which tech stocks lagged. The Dow moved back above 18,000, but there was no real momentum of note in trading today. Wells Fargo (WFC) reported that first-quarter earnings fell to $5.8 billion, or $1.04 per share. The results beat …