Using the fund-of-funds investment strategy has proven quite successful for many US fund managers. First Trust Advisors, the Illinois-based seventh-largest issuer of exchange-traded funds, recently launched a dynamic version of its most popular sector-rotation ETF that can incorporate cash allocation during periods of heightened market volatility. The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) employs the same methodology …
ETF/No Load Fund Tracker Newsletter For April 15, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04142016/ ———————————————————— Market Commentary MARKETS POST GAINS FOR SECOND WEEK OF APRIL [Chart courtesy of MarketWatch.com] 1. Moving the Markets Although markets closed slightly lower on Friday, they remained in positive territory for the week. The 3-day rally from Tuesday to Thursday helped stocks continue on a bullish path. We heard news from China …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 04/14/2016
ETF/Mutual Fund Data updated through Thursday, April 14, 2016 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 4/4/2016 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) …
Running Out Of Steam
[Chart courtesy of MarketWatch.com] Stocks ended flat Thursday, taking a breather after a nice two day rally. Trading today was mostly influenced by earnings reports from Bank of America (BAC) and Wells Fargo (WFC). Bank of America topped both earnings and revenue estimates. Wells Fargo topped profit expectations but was slightly below par on revenue. BofA gained and Wells fell …
Markets Climb Back To 2016 Highs
[Chart courtesy of MarketWatch.com] Markets soared higher today on strong earnings from JPMorgan that resulted in bullish sentiment on upcoming report cards for the financial sector. That’s the official MSM version. Mine is that if you set the earnings bar low enough, the numbers can be beat, which happened today and resulted in a lift of share prices for the …
Oil And Equities: Back To 100% Correlation
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks posted strong gains today, rising nearly 1% across the board. Oil, as it has been (and seems like will be for the near future) was “the” big market mover. The black gold gained 3.96% to move above $41 a barrel, which makes economic bulls even more bullish. In the world of …