By Charles Hugh Smith If there’s nothing supporting this rally but euphoric sentiment arising from orchestrated buying, any eruption of reality will reveal the rally as a head-fake. Let’s say you wanted to engineer a stock market rally that triggered every technical “buy” signal and wiped out those who are short the market–what would you do? First, you’d engineer a …
ETFs/Mutual Funds On The Cutline – Updated Through 07/22/2016
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 506(last week 332) are hovering in bullish territory. The second report includes only High …
ETF/No Load Fund Tracker Newsletter For July 22, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07212016/ ———————————————————— Market Commentary S&P 500 NOTCHES 7TH RECORD HIGH FRIDAY DESPITE SOUR ‘POST-BREXIT’ DATA [Chart courtesy of MarketWatch.com] 1. Moving the Markets Overall, it was a great week for the market here in the U.S. The S&P 500 hit a fresh record high today (its seventh this year) a day after the Dow …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 07/21/2016
ETF/Mutual Fund Data updated through Thursday, July 21, 2016 If you are not familiar with some of the terminology used, please see the Glossary of Terms. Important announcement: Please note that I am in process of expanding the ETF portion of the StatSheet to bring you a wider variety of High Volume ETFs. I will be discontinuing the mutual fund …
Winning Streak Snaps; Markets Pause
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As you know, the Dow has been riding the bull for 9 day continued winning streak that hasn’t happened in three years. Unfortunately, that streak snapped today due to mixed earning reports here in the U.S. and an announcement from the European Central bank that they will hold off on additional stimulus …
Dow Inches Up While Tech Stocks Lead
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow continued blazing a trail today, bolstered by a strong earnings report from tech giant Microsoft (MSFT). The index continues to plow its way into record territory and lately there’s no sign of it doing otherwise. The nine-day winning streak is its longest since a 10-session rally more than three years …