The S&P 500 index is likely to hit 2250 by the end of the year though it may seem too bullish right now, said Julian Emanuel, US equity and derivatives strategist at UBS. There has not been a bear market in the past 25 years without a recession and the economy is simply too strong now whether it is jobs, …
New ETFs On The Block: Global X SuperDividend Alternatives ETF (ALTY)
The revised gross domestic product data that showed the US economy grew at a robust 3.7 percent in the second quarter certainly strengthens the case for a rate hike by the Federal Reserve when it meets next on July 16-17. However, most market observers believe the interest rate path would be measured and gradual, and would be strictly based on …
ETF/No Load Fund Tracker Newsletter For September 4, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09032015/ ———————————————————— Market Commentary INDEXES CONTINUE SLIDING INTO HOLIDAY WEEKEND [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks tumbled on Wall Street as investors reacted to the August jobs report released today. This report is the last monthly employment picture we will receive before …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 09/03/2015
ETF/Mutual Fund Data updated through Thursday, September 3, 2015 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 8/24/2015 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, …
Early Rally Fades; Dow Up Nasdaq Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities closed mixed today as an early rally on Wall Street slowly faded and gave back strong gains. Stocks jumped early in the trading session after yesterday’s big rebound, as Wall Street digested favorable data on the services sector of the U.S. economy and reassuring comments from the European Central Bank. It …
Dow Swings Back Into The Black
[Chart courtesy of MarketWatch.com] 1. Moving the Markets A tech rally today helped Wall Street stage a rebound that sent the Dow up almost 300 points and pushed the Nasdaq back into positive territory for the year. The rally was broad-based as all ten of the S&P 500 sectors rose with technology and industrials leading the way. Investors were encouraged …