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 381 ETFs, of which currently 234 (last week 284) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For June 24, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06232016/ ———————————————————— Market Commentary BREXIT SHATTERS COMPLACENCY—THE MORNING AFTER [Chart courtesy of MarketWatch.com] 1. Moving the Markets What a difference a day makes. There we were closing in on all-time new highs on the S&P 500 on Thursday and just one day later, we’re heading the other direction in a big way with the …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 06/23/2016
ETF/Mutual Fund Data updated through Thursday, June 23, 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) remains above its long term trend line (red) by +2.03% …
Front Running the Brexit Vote
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. and European stocks rallied big time as investors appear to be front running or betting that voters in the U.K. will choose to remain in the European Union. Ahead of the vote, a new Ipsos Mori poll completed Wednesday night showed the “remain” supporters with a narrow lead — 52% to 48%. But the polling firm’s …
Major Indexes Pull Back Ahead Of Brexit Vote
[Chart courtesy of MarketWatch.com] 1. Moving the Markets An early rally, fueled by better than expected May home resales, fizzled out in the afternoon as Wall Street focused on the vagaries and uncertainties of tomorrow’s referendum on whether Great Britain will exit the European Union. A poll published today shows pretty much a statistical tie with “Leave” supporters at 45%, …
Markets Barely Back On Top
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market slightly extended its relief rally as Wall Street and other global financial markets continue to be dominated by the pending outcome of Britain’s vote on Thursday to leave or stay in the European Union. In a sign of just how high-profile and potentially risky the “Brexit” vote is …