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 324 (last week 344) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For June 10, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06092016/ ———————————————————— Market Commentary RUNNING INTO A BRICK WALL [Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were on a hot streak heading into today’s trading, driven by well-performing energy stocks and oil. However, the hopes of the S&P 500 breaking into record territory slowly faded into dust as all 3 major indexes …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 06/09/2016
ETF/Mutual Fund Data updated through Thursday, June 9, 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 +2.47% …
S&P 500 Can’t Break Through; Winning Streak Ends
[Chart courtesy of MarketWatch.com] 1. Moving the Markets European and Asian markets were down and so were the US major indexes, at least in the early part of the session. Then the usual afternoon Lift-A-Thon pulled the major indexes up but we still closed slightly below the unchanged line. Well, Wall Street was hoping that the S&P 500 would push …
Energy Component Top Performer For S&P 500
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P 500 continued to push towards its all-time high of 2,130.82 today, as the index closed at 2,119.12. Surprising as it may seem, energy has been the main driver for the S&P 500 this year. The Standard & Poor’s 500 index energy sector is up 14.8% to date, which makes it …
Stocks Rock And Drop
[Chart courtesy of MarketWatch.com] 1. Moving the Markets An early rally failed but left the major indexes near multi-months highs despite a late session pullback. It looks like the computer algos continue their push towards all-time highs on no news other than that oil not only climbed above the $50/bbl level but also closed there. The fly in the ointment …