ETF/Mutual Fund Data updated through Thursday, June 4, 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, …
Stocks Dip Lower Amidst News From Greece
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks dropped sharply after Greece said it won’t make a scheduled loan repayment Friday, and the IMF lowered its U.S. economic outlook as it urged the Federal Reserve not to raise rates in 2015. Energy stocks were one of the hardest hit sectors as oil prices fell for a second day. U.S. …
Nasdaq Flirts With Record High; U.S. Reduces Trade Deficit
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Nasdaq made a run at its all-time closing high but fell short, though stocks still ended broadly higher on solid domestic economy news and optimism about talks over Greece’s crushing debt. For a good part of the day, the Nasdaq was riding a little above its record closing high of 5106.59, …
A Slow Climb; But No Gains
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks recovered from early losses but closed slightly lower as Treasury yields and oil prices jumped. Investors remained uneasy as negotiations on Greece’s bailout plan continued. It seems that investors are still keeping a fixed eye on developments in debt-plagued Greece, which faces a Friday deadline for paying the IMF 300 million …
Stocks Hit The Ground Running To Kick Off June
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rose slightly as some improving economic data and a big tech deal helped Wall Street kick off the month of June on a positive note. Some M&A news gave markets a boost just before the opening bell when it was announced that Intel (INTC) said it will buy fellow chip maker …
ETFs/Mutual Funds On The Cutline – Updated Through 05/29/2015
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 286 (last week 303) are hovering in bullish territory. The second report includes only …