Due to a variety of Holiday obligations, I will not be able to write today’s newsletter. However, this week’s StatSheet has been published, and the weekend pieces will be posted as usual. Hope you are enjoying this Holiday weekend. Ulli…
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/24/2014
ETF/Mutual Fund Data updated through Wednesday, December 24, 2014 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/22/2014 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a “Sell” for this arena effective 10/14/2014, …
Stocks And Russian Ruble Continue Struggling
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were up and down substantially throughout the day, but ultimately closed lower across the board, marking losses for the six of the past seven days. The Dow dropped 0.7%, the S&P 500 fell 0.8% and the Nasdaq ended 1.2% lower. West Texas Intermediate crude oil dropped to $53.60 a barrel early …
New ETFs On The Block: First Trust Eurozone Alphadex ETF (FEUZ)
European equities have performed well this year despite stubbornly low inflation in the European Union with the pan-European STOXX Europe 600 Index jumping 3.1 percent in November alone. Since all the major EU economies are net importers of crude oil, falling gas prices in pumps are expected to boost consumer spending across the region, thus creating sustainable demand in the …
ETFs/Mutual Funds On The Cutline – Updated Through 08/01/2014
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 398 ETFs, of which currently 297 (last week 362) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Calamos Focus Growth ETF (CFGE)
Calamos Investments, the Naperville, Chicago-based $25.3 billion investment manager better known for its line-up of mutual funds, forayed into the ETF world with the introduction of the Calamos Focus Growth ETF (CFGE) in an attempt to leverage its stock-picking skills. The Calamos Focus Growth Mutual Fund, which is nearly 11 years old and manages $74 million in assets, returned more …