US equities are expected to give single-digit returns this year though the initial days look a little bad, said Bob Doll of Nuveen Asset Management. The current market turmoil looks a lot like August last year with plenty of similarities. China authorities did some things then, and they will do some things now (to calm the markets). Chinese policy makers …
New ETFs On The Block: First Trust SSI Strategic Convertible Securities ETF (FCVT)
While the debate among market participants rages about the frequency of rate increases in 2016, investors worried about capital protection may consider an industry first fixed-income product product since not all bonds would get hammered with the gradual normalization of interest rates. Case in point: convertible bonds that could potentially offer higher total returns as they allow meaningful participation in …
ETF/No Load Fund Tracker Newsletter For January 8, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01072016/ ———————————————————— Market Commentary MARKETS MELT DOWN IN WORST EVER FIRST WEEK TO START THE YEAR [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above chart shows the extent to which the bulls got slaughtered this week as the U.S. …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 01/07/2016
ETF/Mutual Fund Data updated through Thursday, January 07, 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) …
China Troubles Continue To Spank Wall Street
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street’s worst opening to a new year since 2008 got even uglier today when repeated waves of selling sent the Dow tumbling almost 400 points and the Nasdaq into correction territory amid a global stock rout that started when China halted trading in its market again following a 7% plunge. The …
China, Korea Both Impacting U.S. Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets 2016 has been awful so far for the bulls, with the Dow logging its worst three-day stretch in a new year since the financial-crisis days of 2008. All major indexes closed at least 1.15% lower today and there were no signs of a change to come. Some news agencies are blaming the …