Market Review – Mutual Funds On The Cutline – Updated as of 7/29/2011

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Indications of a deal to raise the debt ceiling had the futures market soaring prior to Monday’s opening. Well, the euphoric rebound actually happened, but it turned out to be short lived, as the major market ETFs staged a 180 degree reversal, only seen 10 times since 1985, and a steep sell off ensued. It was simply a violent display …

Mutual Funds On The Cutline – Updated as of 7/18/2011 – More Improvements

Ulli Mutual Funds On The Cutline 2 Comments

More downside momentum kicked in yesterday, as worries about the progress, or lack thereof, about the U.S. debt ceiling kept traders on edge. Supporting the sour mood were reports from Europe confirming utter confusion about the debt crisis with no clear leadership and/or plans emerging to attack the ever growing problems. Just as last week, many funds have been meandering …

Mutual Funds On The Cutline – Updated as of 7/11/2011 – More Improvements

Ulli Mutual Funds On The Cutline Contact

Yesterday’s drubbing was a direct result of global uncertainties, especially in Europe, but also China’s sharp rise in inflation did nothing to soothe the nerves on Wall Street. Many funds have been meandering around the cutline with no clear direction. While some momentum numbers have improved, the DrawDown figures (DD% column) leave a lot to be desired and are in …

Mutual Funds On The Cutline – Updated as of 6/27/2011

Ulli Mutual Funds On The Cutline 2 Comments

Despite yesterday’s rebound, which faded towards the close and was accompanied by low volume, improvements around the cutline (trend line) were negligible. Last week’s featured widely held international funds, FDIVX, VGTSX and TRIGX, slipped further down the rankings and ended up somewhere below the -20 position. The international Sell signal remains intact as our International TTI (Trend Tracking Index) has …