ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02112016/ ———————————————————— Market Commentary EQUITIES AND CRUDE REBOUND SHARPLY BUT END UP DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets The wild ride continued on Wall Street as crude oil finally found some footing and sparked a 12% surge on Friday, …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 02/11/2016
ETF/Mutual Fund Data updated through Thursday, February 11, 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) …
OPEC Rumor Keeps Markets From Crashing
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Sure, when all else fails to prop up the markets, start a rumor. Just as the S&P dipped towards the psychologically 1,800 level, the WSJ reported that the OPECers were “ready to cooperate” on a production cut. That’s all it took, and the indexes staged their typical afternoon rally which, however, petered …
Smashing Exuberance
[Chart courtesy of MarketWatch.com] 1. Moving the Markets There was much hope of the Fed showing signs of not only relenting from their planned interest rate hikes in 2016 but possibly shifting in reverse and lowering rates in the very near future. Such was the anticipation as Fed chief Yellen delivered testimony in front of a congressional committee, which also …
Oil Dumps; Major Indexes Seesaw
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was repeat of yesterday’s session in that markets sold off most of the day but managed a better recovery during the last hour by closing only slightly below the unchanged line. Apparently the bulls are still alive and putting up a fight during these tug-of-war sessions. The energy sector ended up …
Dead Cat Bounce Saves Indexes From Crashing
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It it hadn’t been for a last hour turn-around, possibly a dead cat bounce, the major indexes may have headed for a steep dive. As it turned out, the worst was avoided for the time being, but this type of market action underscores what I have been saying since the middle of …