The latest non-farm payroll report has come as a relief for most market observers and makes Federal Reserve chair Janet Yellen’s job easier, said Diana Swonk, chief economist at Mesirow Financial. The 271,000 job additions in October not only dramatically reduce chances of a dissent (for a rate-hike) in her inner circle, but also among Charlie Evans (out of Chicago …
New ETFs On The Block: Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC)
Goldman Sachs Group Inc, one of the most reputable financial institutions in the world, has been conspicuous by their absence from the US exchange-traded funds industry for over two decades. That changed recently when Goldman Sachs Asset Management – the fund manager overseeing more than $1 trillion assets, rolled out their first ETF based on the so-called “smart beta” methodology …
ETF/No Load Fund Tracker Newsletter For November 6, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11052015/ ———————————————————— Market Commentary MARKETS CLOSE OUT ANOTHER WEEK OF GAINS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mostly higher Friday and bond yields spiked after an impressive October jobs report may increase the odds that the Fed will pull the trigger …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 11/05/2015
ETF/Mutual Fund Data updated through Thursday, November 5, 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 11/03/2015 Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) …
Equities Directionless Before Jobs Report
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a see-saw kind of day with no clear direction, as tomorrow’s looming jobs report kept traders on edge. We saw small gains and small losses before settling slightly below the unchanged line. On the horizon continues to be the “will they or will they not” scenario about a possible rise …
First Day Of Losses In November; Fed To Blame?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were trending upwards throughout the early part of the day, but fell after Fed Chair Janet Yellen said that a rate hike at its December meeting is a genuine possibility. The drop snapped a two day rally that pushed the Dow back into positive territory for the year. The Dow is …