The year 2016 is likely to see a slow start, similar to what was witnessed in the last couple of years, due to some additional slowdown in manufacturing, said Mark Vitner, senior economist at Wells Fargo Securities. The forward looking data on manufacturing is still pointing to additional deceleration – new orders data looks horrible, while the US economy failed …
New ETFs On The Block: SPDR S&P 500 High Dividend ETF (BITE)
Domestic consumption and US consumer spending is likely to remain the dominant investment theme for 2016 as employee wages start to pick up and the wider economic recovery gains traction. Moreover, cheap fuel and improving consumer confidence would likely lead to greater levels of disposable incomes, making the consumer discretionary sector a compelling proposition to stay invested in. The restaurant …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/31/2015
ETF/Mutual Fund Data updated through Thursday, December 31, 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 11/13/2015 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) …