[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a solid downward slide from yesterday’s gains on Wall Street, despite some good earnings reports from big players. Inflation worries were spread all over news outlets today as we heard reports that April’s reading on consumer inflation (+0.4%) was the highest in three years. The move higher in inflation, due …
Temporary End To Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Coming off a three week losing streak, the stock market kicked off the new week in rally mode as investors eyed more retail earnings, digest news related to corporate deals and await Wednesday’s release of minutes of the Fed’s April meeting. All three major indexes gained at least 1% on the day. …
ETFs/Mutual Funds On The Cutline – Updated Through 05/13/2016
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 242 (last week 263) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: “We Are Unsure Whether To Wear A Helmet Or A Diaper” – Merger Arb Funds Crushed
By ZeroHedge 2015 was the year of M&A (Mergers & Acquisitions): some $5 trillion in global merger and acqusition deals were announced, the highest level ever, topping even pre-crash 2007. In fact, last year there were more mega-deals, those valued at $20 billion or above, than ever. In all, there were 17 deals at or above that value compared with …
New ETFs On The Block: SPDR Doubleline Emerging Markets Fixed Income ETF (EMTL)
State Street Global Advisors (SSgA), the Boston-based third largest US issuer of exchange-traded funds, and DoubleLine Capital – promoted by star fixed-income manager Jeffrey Gundlach, recently rolled out a pair of new ETFs; one aimed at fixed income securities from emerging markets and another at short-maturity bonds. The actively managed SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) seeks to …
ETF/No Load Fund Tracker Newsletter For May 13, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05122016/ ———————————————————— Market Commentary MARKETS END WEEK ON A DULL NOTE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Although all 3 major indexes ended in the red, we heard some positive news that retail sales rebounded in April and jumped 1.3% after dropping 0.3% in March. It is the largest rise in 13 …