ETF/Mutual Fund Data updated through Thursday, April 9, 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, …
Indexes Make Late Day Swing To Close Positive
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Gains were led mostly by energy stocks as oil prices rebounded slightly after Wednesday’s steep decline. U.S. benchmark crude rose 0.7% to $50.84 a barrel after plunging 6% the previous day on a larger-than-expected inventory build-up. In tech, shares of Altera (ALTR) rose and Intel (INTC) fell on reports that Intel has …
Stocks Respond Well To Fed Minutes; Shell To Buy BG
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended up higher after the release of minutes from the Fed’s meeting in March showed policymakers were divided on the timing of the first interest rate hike. The report remained consistent, however, with Fed policymakers’ forecasts that indicate the first hike in rates since 2006 is unlikely to take place before …
Post Holiday Hype Fades On Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks withered early gains and fell sharply in the last hour of trading, as the major indexes closed lower, breaking a two-day bunny hop winning streak. April has always been a volatile month, as investors are typically on edge in advance of Q1 earnings season. First-quarter earnings season kicks off Wednesday as …
Wall Street Bounces Back From Easter Holiday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street seemed to ignore the lackluster jobs report that was released Friday when the stock market was closed for Easter. Since bad news is good news these days, equities pushed sharply higher today amid a growing sense that the Fed will push back its first rate hike to sometime in Q3 or …
ETFs/Mutual Funds On The Cutline – Updated Through 04/02/2015
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 288 (last week 266) are hovering in bullish territory. The second report includes only …