While recent GDP readings have showed inconsistency repeatedly, investors should not ignore GDP readings totally, said IHS chief economist Nariman Behravesh. But there are at least three different problems with the GDP data series. The first is seasonality; there are huge swings in seasonality – for instance the first-quarter data is almost always underestimated. The government doesn’t seem to know …
New ETFs On The Block: Wisdomtree CBOE S&P 500 PutWrite Strategy Fund (PUTW)
Institutional investors have been selling or writing put options for many years to boost income when markets are placid and trend sideways. Put options are financial derivative contracts that gives the buyer/owner the ‘right’ to sell an underlying asset (e.g. stocks) at a pre-agreed strike price on a stipulated date (e.g. one month/ three months from the date of purchase). …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 03/24/2016
ETF/Mutual Fund Data updated through Thursday, March 24, 2016 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) …
ETF/No Load Fund Tracker Newsletter For March 24, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03242016/ ———————————————————— Market Commentary MARKETS UNCHANGED FOR THE DAY BUT DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Heading into the long weekend, U.S. stocks showed weakness amid renewed talks of a coming interest rate hike from the Federal Reserve, a resurgent dollar and falling oil prices, putting an end to their five-week winning …
Markets Slip On Oil Pullback
[Chart courtesy of MarketWatch.com] 1. Moving the Markets There wasn’t a lot of news for the markets to react to today, so reactionaries moved back to their fallback…oil prices. Oil prices were down more than 3% after the U.S. government reported a crude build three times above analysts’ expectations. Virgin America stole a number of headlines today after news reports stated …
Terrorists Fail To Shake Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks in the U.S. and Europe on Tuesday basically shook off the deadly terror strikes at an airport and metro station in Brussels. U.S. investors didn’t overreact, as terror acts have unfortunately become more common. After opening slightly lower, the major benchmarks climbed above break-even in afternoon trade, before ending mixed. Taking the bulk of the early …