ETF/Mutual Fund Data updated through Thursday, January 14, 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) …
Stability Returns; Or Is It A Dead Cat Bounce?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After an early, rough start Thursday, stocks finally shot higher with the Dow jumping more than 300 points before moderating its gains after Wednesday’s brutal sell-off that sent the broad U.S. stock market down more than 10% from its highs. Of course, the indexes were oversold, so a bounce back had to …
Equities Get Crushed As The Bear Is Alive And Well
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year. Earlier …
Stocks Stay Afloat For Second Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Just when it looked like stocks would never go up again, the tide shifted slightly on Monday with the Dow edging higher by 52 points, relieving some of the bearish pressure that has weighed on Wall Street since the start of the year. Now, investors are eyeing a hoped-for bounce after plunging …
Not A Horrible Day In The Market, But No Real Sunshine
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market closed mixed on Monday, a welcome respite from what has been the worst start to a year ever on Wall Street, though the plunge in oil continued and sent crude prices to levels last seen in 2003. Stocks initially shrugged off more turbulence in the mainland China stock market …
ETFs/Mutual Funds On The Cutline – Updated Through 01/08/2016
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 18 (last week 56) are hovering in bullish territory. The second report includes only …