ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07072016/ ———————————————————— Market Commentary MARKETS END SOLID AFTER KEY JOBS REPORT [Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P 500 approached setting a new closing high today after a stronger-than-expected jobs report sparked a huge rally and Wall Street finally recouped all of its ‘Brexit’ related losses. The jobs report that many …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 07/07/2016
ETF/Mutual Fund Data updated through Thursday, July 7, 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 +1.88% …
Major Indexes Go Nowhere; Mega Food Deal In The Making
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks on Wall Street ended mixed despite a solid report on employment and a big proposed deal in the food sector. Paris-based Danone, maker of Dannon yogurt, agreed to acquire organic food provider WhiteWave Foods (WWAV) for $56.25 based on a valuation of 26x cash flow, which equates to an enterprise value …
Markets Push Back Towards 2,100 Despite Global Sell-Off
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks here in the U.S. brushed off early losses, despite a global sell-off, to end higher today. U.S. government bond yields bounced back from fresh record lows amid continued market turbulence following the surprise Brexit vote two weeks ago. Yesterday and early today, it seemed that investors were reconsidering the implications of …
Brexit Aftershock Shakes Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks departed from their post-Brexit bounce and ended lower to kick off the shortened week here in the U.S. It appears that even after a long Holiday weekend the Brexit event is still lingering in geopolitical and financial news. All three major indexes closed at least 0.60% lower on the day. Early …
One Man’s Opinion: Brexit Is Just What The Doctor Ordered
By Peter Schiff Janet Yellen should send a note of congratulations to Nigel Farage and Boris Johnson, the British politicians most responsible for pushing the Brexit campaign to a successful conclusion. While she’s at it she should also send them some fruit baskets, flowers, Christmas cards, and a heartfelt “thank you.“ That’s because the successful Brexit vote, and the uncertainty …