The heightened volatility in US equity markets due to swings in oil price and global growth concerns have many investors leaning on gold as a hedge against market turmoil and a store for value. Traditionally, the yellow metal has shown low correlation to both stocks and fixed-income securities, and has enjoyed great demand as a safe haven both during uncertain …
ETF/No Load Fund Tracker Newsletter For May 6, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05052016/ ———————————————————— Market Commentary MEDIOCRE FINISH TO A CHOPPY WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were lower for the third week in a row as renewed concerns regarding global growth prospects have put pressure on investor sentiment. Additionally, recent domestic economic data has not been as robust as many had …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/05/2016
ETF/Mutual Fund Data updated through Thursday, May 5, 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 crossed above its long term trend line (red) …
May Proving To Be Unpredictable
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks struggled to stay above ground today. Early morning movement was positive, however, roller coasters go up and they go down. The Dow was the only major index to finish in positive territory on the day. U.S. produced crude prices are on the rise again as raging forest fires in Alberta, a …
Stocks Continue Slide Through Mid-Week As Bad News Is Bad News.
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell again, which is in line with the trend for the week thus far as for a long overdue change bad news is recognized as bad news. Investors are pondering weaker-than-expected readings on job creation in the private sector last month, mixed with good news on the services sector of …
Bummer Of A Tuesday After Hyped Monday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell on Tuesday, following weak manufacturing data from China. Stocks reversed course and gave back all of the solid gains achieved on Monday. The lack of economic growth, here in the U.S., which I have alluded to in the past, continues to put a damper on financial markets. U.S. GDP, …