ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03242016/ ———————————————————— Market Commentary MARKETS UNCHANGED FOR THE DAY BUT DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Heading into the long weekend, U.S. stocks showed weakness amid renewed talks of a coming interest rate hike from the Federal Reserve, a resurgent dollar and falling oil prices, putting an end to their five-week winning …
Markets Slip On Oil Pullback
[Chart courtesy of MarketWatch.com] 1. Moving the Markets There wasn’t a lot of news for the markets to react to today, so reactionaries moved back to their fallback…oil prices. Oil prices were down more than 3% after the U.S. government reported a crude build three times above analysts’ expectations. Virgin America stole a number of headlines today after news reports stated …
Terrorists Fail To Shake Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks in the U.S. and Europe on Tuesday basically shook off the deadly terror strikes at an airport and metro station in Brussels. U.S. investors didn’t overreact, as terror acts have unfortunately become more common. After opening slightly lower, the major benchmarks climbed above break-even in afternoon trade, before ending mixed. Taking the bulk of the early …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 03/17/2016
ETF/Mutual Fund Data updated through Thursday, March 17, 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) …
Crude Oil Drives Indexes
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Another rally in crude oil prices boosted energy, while residual goodwill after a dovish Federal Reserve meeting powered broader markets higher. Early in the day, the Dow Jones industrial average crossed into positive territory for the first time this year and stayed there, capping a remarkable comeback from Wall Street’s worst ever …
Fed Moves Markets—Domestic TTI Touches Its Trend Line
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks rallied modestly after the Federal Reserve left interest rates unchanged and signaled more gradual increases.Wall Street had expected the Fed to keep rates unchanged, but wanted clues as to the timing of the Fed’s next rate increase. The Fed lowered its plan to possibly two more hikes this year, down from four, for a …