ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07142016/ ———————————————————— Market Commentary FRANCE INCIDENT PULLS MARKETS LOWER TO END THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market here in the U.S. ended mixed Friday, despite some decent economic and earnings news this week, as the mood of the market was pulled down by the latest terror attack …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 07/14/2016
ETF/Mutual Fund Data updated through Thursday, July 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) remains above its long term trend line (red) by +2.78% …
Markets Higher, But Speculation Still Remains
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow and S&P 500 indexes moved higher Thursday, pushing further into record territory as investors (domestic and abroad) reacted to a positive earnings report from JPMorgan (JPM) and continued to price in/hope for further stimulus from global central bankers despite interest rates remaining at depression levels. Investors got a boost from …
Winning Streak Takes a Breather
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market, which is now enjoying its second-longest bull run ever, closed lower today despite decent reports on the U.S. economy. While some Wall Street pros say the recent surge has put stocks temporarily in an overbought state, the general consensus is that the bull is alive and well and …
Dow And S&P 500 Soaring Past New Highs
[Chart courtesy of MarketWatch.com] 1. Moving the Markets One record setting day this week wasn’t enough for Wall Street it seems. Yesterday, the S&P 500 passed its high water mark and obviously impressed investors, but the Dow got jealous and joined the S&P 500 in taking out its 2015 all-time high and moving into previously untouched territory. Some are asking …
A Goldilocks Environment?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Friday’s rally following the 287k jobs number, which was only impressive on the surface, continued into Monday as traders considered the current situation a Goldilocks scenario. Because there is continued uncertainty about the fallout from the Brexit vote, the higher than expected jobs number is not seen as a signal that the …