Breakthrough drugs generally attract investors’ attention in the pharmaceutical industry although generics make up bulk of the sales in most geographics. Average life expectancy is rising, thanks to the wonders of modern pharmacology, and pushing consumers toward generic versions of expensive brands for cost reasons. While exchange traded funds tracking the broader healthcare sector have become increasingly refined, nobody really …
ETF/No Load Fund Tracker Newsletter For February 26, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02252016/ ———————————————————— Market Commentary SECOND STRAIGHT WEEK OF GAINS UPON CALM FRIDAY [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended mixed but posted a second straight week of gains Friday as oil prices basically held steady, China’s top central banker eased market fears and a report on U.S. economic growth showed the economy wasn’t quite as …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 02/25/2016
ETF/Mutual Fund Data updated through Thursday, February 25, 2016 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 11/13/2015 Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) …
Markets Keep Rebound Alive Despite Major Sell-Off In China
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks shrugged off a selloff in Shanghai and were higher as Wall Street seeks to build on yesterday’s V-shape come-back that wiped out big losses and allowed stocks to finish the day up. There was a huge sell-off of Chinese stocks overnight plunging 6%. It was the worst day of losses in …
Stocks Fight Back To Close In The Green
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled out of an early deep slide to close higher as the common “follow the leader” trend that has dominated Wall Street for most of 2016 came back in play: The direction of oil prices determines the direction of stocks. The “disappointing” sentiment that oil production caps would not come into play …
Back To “Correctional” Territory For Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After its recent hot streak, the Dow Jones industrial average dipped back into correction territory Tuesday as stocks tumbled amid a renewed slump in oil prices and a still uncertain outlook for global growth and U.S. corporate earnings. All major indexes dropped at least 1.1% on the day. Hopes for a near-term oil production cut were dashed today when …