[Chart courtesy of MarketWatch.com] 1. Moving the Markets The sharp swings on Wall Street continued Tuesday, with stocks surging as traders returned from the 3-day holiday weekend and sent the Dow up 390 points. The gains came after last week’s volatile downturn that saw all the major indexes drop more than 3%, capped off by the Dow’s 272-point drop on …
ETFs/Mutual Funds On The Cutline – Updated Through 09/04/2015
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 383 ETFs, of which currently 11 (last week 41) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will Reallocation To US Equities From Europe And Asia Drive Valuations?
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, …