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 306 (last week 234) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For July 1, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06302016/ ———————————————————— Market Commentary SOLID END TO A VOLATILE SECOND QUARTER [Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market extended its post-Brexit rally to four days as it kicked off the first day of third quarter trading. As it stands today, the major indexes are just short of wiping out …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 06/30/2016
ETF/Mutual Fund Data updated through Thursday, June 30, 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 +1.85% …
Central Banks’ Stimulus Hints Keep Rally Going
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities maintained their newly found upward momentum and rallied for the third day in a row by putting the Brexit sell-off in the rear view mirror and making up almost all losses. In the end, the S&P 500 closed out June just about unchanged. The assists of the day came from the …
Brushing off ‘The Brexit’
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It is becoming more apparent that Brexit was perhaps just another short-term shock on the market last Friday, at least for the time being. All three major indexes have since posted solid gains, including today. The Dow has risen 554 points since Monday, which is its best back-to-back point climb since August …
Back In Black Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets on Tuesday flashed their first signs of stabilization as the Dow shot up more than 200 points following a sullied performance last week after the U.K. exit. I am sure equity indexes were oversold during the past couple of days, but it remains to be seen whether this is just hopeful …