ETF/Mutual Fund Data updated through Thursday, March 19, 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, …
Sliding Oil Prices Take The Starch Out Of Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were all peachy yesterday upon the Fed’s sentiment of keeping interest rates low for the near future. However, today was a new day and, as you know, market sentiment can change on a dime daily. Of the three major indexes, only the Nasdaq composite gained slightly. Oil seemed to be the …
Markets Bullish On Fed Sentiment; Windows 10 This Summer?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In a statement, the Fed, as expected, did drop its promise to be “patient” as it weighs interest rate hikes. Still, investors reacted bullishly to the suggestion that rate hikes were not baked in for June either, as feared, which potentially pushes out the first rate hike even later in the year. …
Markets Lower Anticipating Fed Meeting
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Fed kicked off their two-day meeting today. Of course, the hot topic of late is whether or not they will raise interest rates in the near future. The general consensus around the news today is that the Fed is likely to announce that they will remain patient over the next couple …
Markets Fly High On Fed Speculation
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets soared higher today ahead of a two-day Federal Reserve meeting beginning tomorrow that may set the stage for the first U.S. interest rate hike since the global financial crisis. In economic news, a growing number of investors expect the U.S. central bank to raise its benchmark interest rate sooner than anticipated …
ETFs/Mutual Funds On The Cutline – Updated Through 03/13/2015
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 410 ETFs, of which currently 237 (last week 246) are hovering in bullish territory. The second report includes only …