With China continuing to weigh on investor sentiment across the world, Emerging Global Advisors—the NY-based specialist provider of emerging markets exchange-traded funds, recently launched an EM-focused fund that eliminates the China-factor from investing. With Chinese equity markets bottoming out and the massive economic rebalancing nearly over, most investors expect China to return to growth by the second-half of next year. …
ETF/No Load Fund Tracker Newsletter For October 16, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10152015/ ———————————————————— Market Commentary STOCKS CONTINUE MOVING HIGHER ON BULLISH CORPORATE EARNINGS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended moderately higher Friday as the post-correction rally rolled on amid signs U.S. companies will top low third-quarter earnings estimates and the growing belief …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 10/15/2015
ETF/Mutual Fund Data updated through Thursday, October 15, 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, …
Big Gains On Wall Street—A New Domestic Buy On The Horizon?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks jumped Thursday, the Nasdaq gaining 1.8% and the Dow climbing 217 points amid mixed profit results from major banks and as less-than-stellar incoming economic data lowered chances of Federal Reserve interest rate hike later this year. The rebound came a day after shares tumbled sharply after giant retailer Walmart (WMT) warned …
Earnings Drag Markets Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets closed lower today after a lackluster bunch of quarterly earnings reports. The reports gave a somewhat confirming nod to speculative investors that the U.S. and global economy will may experience a slowdown over the next year, As far as earnings go, Walmart (WMT) shares experienced their lowest one-day drop in nearly …
Seven Day Streak Snapped; Earnings Disappoint
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow’s seven day winning streak was snapped today as stocks sank on fresh data showing China’s economy is slowing and investor angst amid the third-quarter earnings season. The latest news out of China reaffirms fears of a slowdown in the world’s second-largest economy and again has everbody wondering whether the slowdown …