ETF/No Load Fund Tracker StatSheet
————————————————————-
THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS:
————————————————————
Market Commentary
1. Moving the Markets
The above 5-day chart tells the story for the week. The bears were clearly in charge with the S&P 500 surrendering over 2% during the last 5 trading sessions. Still, the index remains above where if started the month.
Biotechs were the big loser after having been a dream holding for the bulls for the past couple of years, so a correction was overdue. Even Amazon and its 9.8% surge could not save the day as the mood soured when new-home sales unexpectedly dropped against expectations of a gain.
Commodity prices continued with their collapse as weak data from China combined with poor earnings reports by heavyweights such as Caterpillar left their mark on the indexes. A Chinese manufacturing gauge fell to a 15 month low, raising questions as to whether the recent signs of stabilization were simply a mirage.
There were no winners today, with the exception of Consumer Discretionaries (XLY), which managed to stay even, despite the sell-off. 9 of our 10 ETFs in the Spotlight slipped with the worst performer of the day being our winner for the year, namely Healthcare (XLV), which gave back 2.49%.
2. ETFs in the Spotlight
In case you missed the announcement and description of this section, you can read it here again.
It features 10 broadly diversified ETFs from my HighVolume list as posted every Monday. Furthermore, they are screened for the lowest MaxDD% number meaning they have been showing better resistance to temporary sell offs than all others over the past year.
Here are the 10 candidates:
The above table simply demonstrates the magnitude with which some of the ETFs are fluctuating in regards to their positions above or below their respective individual trend lines (%M/A). A break below, represented by a negative number, shows weakness, while a break above, represented by a positive percentage, shows strength.
For hundreds of ETF/Mutual fund choices, be sure to reference Thursday’s StatSheet.
Year to date, here’s how the above candidates have fared so far:
Again, the first table above shows the position of the various ETFs in relation to their respective long term trend lines (%M/A), while the second one tracks their trailing sell stops in the “Off High” column. The “Action” column will signal a “Sell” once the -7.5% point has been taken out in the “Off High” column.
3. Trend Tracking Indexes (TTIs)
Our Trend Tracking Indexes (TTIs) slipped as this week was clearly won by the bearish crowd. However, we still remain on the bullish side of our trend lines and closed as follows:
Domestic TTI: +0.80% (last Friday +1.72%)—Buy signal effective 10/22/2014
International TTI: +0.63% (last Friday +2.41%)—Buy signal effective 2/13/2015
Have a nice weekend.
Ulli…
Disclosure: I am obliged to inform you that I, as well as advisory clients of mine, own some of these listed ETFs. Furthermore, they do not represent a specific investment recommendation for you, they merely show which ETFs from the universe I track are falling within the guidelines specified.
————————————————————-
READER Q & A FOR THE WEEK
All Reader Q & A’s are listed at our web site!
Check it out at:
http://www.successful-investment.com/q&a.php
———————————————————-
WOULD YOU LIKE TO HAVE YOUR INVESTMENTS PROFESSIONALLY MANAGED?
Do you have the time to follow our investment plans yourself? If you are a busy professional who would like to have his portfolio managed using our methodology, please contact me directly or get more details at:
https://theetfbully.com/personal-investment-management/
———————————————————
Back issues of the ETF/No Load Fund Tracker are available on the web at:
https://theetfbully.com/newsletter-archives/
Contact Ulli