The latest non-farm payroll report showed the US economy added 223,000 jobs in June, well below expectations for a 245,000 increase, and when the net 60,000 downward revision for the previous two months are factored in, the moot question that needs to be asked is whether the markets were actually overzealous about labor market conditions, said Lindsey Piegza, chief economist …
New ETFs On The Block: Elkhorn S&P 500 Capital Expenditures Portfolio (CAPX)
When it comes to innovation, there’s hardly any segment in the financial sector that can beat the exchange-traded funds industry. With more than 1,700 products and about $2.1 trillion in assets under management, it all points to an industry that flourishes on novelty and is more dynamic than every before. It’s no surprise then that a new product with a …
ETF/No Load Fund Tracker Newsletter For July 3, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07022015/ ———————————————————— Market Commentary A SECOND STRAIGHT LOSING WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a volatile Holiday-shortened week with the major indexes succumbing to the bearish forces again. As I reported the past four days, the culprit was Greece and …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 07/02/2015
ETF/Mutual Fund Data updated through Thursday, July 2, 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 10/22/2014 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, …
Market Commentary Delayed
I will post today’s market commentary as part of the weekending ETF Tracker, which will be published and emailed tomorrow. Happy 4th of July! Ulli…
Data Overshadows Greece
[Chart courtesy of MarketWatch.com] 1. Moving the Markets To heck with Greece is what Wall Street muttered today and returned the focus back on domestic economic data. The major indexes managed to build on yesterday’s rebound and closed up higher despite a mid-day pullback. The Greek saga continues to play in the background with its upcoming referendum on Sunday to …