The earnings estimate from US companies have been quite encouraging though a relatively small number of S&P 500 companies have reported their results thus far, said Luke Tilley, chief economist at Wilmington Trust. While revenues have failed to meet expectations, earnings have managed to beat expectations although the expectations were revised down a little bit, he noted. Asked to explain …
New ETFs On The Block: Cambria Value And Momentum ETF (VAMO)
Cambria ETF Trust and its investment managing arm – Los Angeles based Cambria Investment Management, recently expanded its suite of so-called “smart beta” funds in an attempt to tap into stocks just when the domestic US economy seems poised for a strong take-off. The newly launched Cambria Value and Momentum ETF (VAMO) aims to provide superior risk-adjusted returns through a …
ETF/No Load Fund Tracker Newsletter For October 23, 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-10222015/ ———————————————————— Market Commentary EQUITIES GAIN FOUR WEEKS IN A ROW—DOMESTIC TTI CLIMBS INTO BULLISH TERRITORY [Chart courtesy of MarketWatch.com] 1. Moving the Markets There just seems to be no stopping the equity bullet train, demonstrating a recovery which has been quite impressive from the …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 10/22/2015
ETF/Mutual Fund Data updated through Thursday, October 22, 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 For Wall Street On Earnings And ECB Stimulus Talk
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks skyrocketed Thursday as investors were quite encouraged by a market moving earnings report posted by McDonald’s (MCD) and signs from Europe that more stimulus might be on the way for the European Economy. In the end, it was really ECBs Mario Draghi’s jawboning about “re-examining” its stimulus program, which lit some …
Indexes Slide Further Amidst Big Name Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After suffering mild losses the day before, U.S. stocks fell deeper in the red today as traders encountered another big day of earnings reports, with blue chip names Coca-Cola, Boeing, American Express and General Motors releasing third-quarter results. In earnings news, Coca-Cola (KO) profit fell in the third quarter but earnings still …