[Chart courtesy of MarketWatch.com] 1. Moving the Markets Following the Brexit vote late last week, markets did not boomerang back into positive territory today as some had hoped. In fact, all 3 major indexes here in the U.S. dropped at least 1.5%. What I can tell from today’s trading session, is that the path forward for stocks will continue to …
One Man’s Opinion: Lather. Rinse. Repeat.
Submitted by Peter Schiff via Euro Pacific Capital, Stop me if you’ve heard this one before: A Fed official walks into a bar and says the economy is improving and rate hikes are appropriate. The patrons order another round to celebrate. Then disappointing data comes out, the high fives stop, and the Fed official ducks out the back…only to come …
ETFs/Mutual Funds On The Cutline – Updated Through 06/24/2016
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 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 …