04-24-2015

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ETF/No Load Fund Tracker Newsletter For April 24, 2015

ETF/No Load Fund Tracker StatSheet

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THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS:

https://theetfbully.com/2015/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04232015/

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Market Commentary

STOCKS END VOLATILE WEEK ON POSITIVE NOTE; APPLE WATCH, CAR INTEGRATION APPS NEW WAVE

Fri pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

Stocks rose Friday as the Nasdaq and S&P 500 closed at new record highs in a historic week that saw the Nasdaq return from the dotcom bubble that burst 15 long years ago. The Nasdaq was powered by strong profit results from tech giants Microsoft (MSFT) and Amazon.com (AMZN). Amazon surged 14% after it revealed details of its cloud computing service. Thereafter, Microsoft jumped 10.5% as it easily beat Wall Street estimates.

Following up from yesterday in M&A news, Comcast Corp. (CCV) said Friday that the company is officially ending its $45.2 billion merger agreement with Time Warner Cable (TWC) scrapping a giant deal that ran into stiff opposition from consumers and a likely veto from federal regulators. If the deal had been completed, Comcast planned to move 3.9 million of its TV customers to Charter Communications.

Well, we’ve all been following the roll-out of the Apple watch. So, what will the Apple watch mean for auto manufacturers that are always looking to incorporate the latest of technologies into their automobiles? BMW and Porsche are in the forefront of what is likely to be a wave of automakers rolling out their own smart-watch applications, as they try to move toward having consumers view their cars as extensions of their digital lives. BMW divulged details of its Apple Watch app today, which will work with its two plug-in cars, the i3 and the i8. Across the yard, Porsche says its Apple Watch app will allow drivers to remotely control many functions right from their wrists via Porsche Car Connect. Drivers will know whether their windows, doors, trunk lid and sunroof are closed, among other features.

Earnings season continues next week, so let’s look forward to another week of interesting trading activity!

6 of our 10 ETFs in the Spotlight ended up higher today as XLY (consumer discretionaries) took the lead with a 1.36% gain. On the downside, XLV (healthcare) gave back some of this year’s healthy gains by losing 0.32%.

2. ETFs in the Spotlight

In case you missed the announcement and description of this section, you can read it here again.

It features 10 broadly diversified ETFs from my HighVolume list as posted every Monday. Furthermore, they are screened for the lowest MaxDD% number meaning they have been showing better resistance to temporary sell offs than all others over the past year.

Here are the 10 candidates:

MaxDD

The above table simply demonstrates the magnitude with which some of the ETFs are fluctuating in regards to their positions above or below their respective individual trend lines (%M/A). A break below, represented by a negative number, shows weakness, while a break above, represented by a positive percentage, shows strength.

For hundreds of ETF/Mutual fund choices, be sure to reference Thursday’s StatSheet.

Year to date, here’s how the above candidates have fared so far:

YTD

Again, the first table above shows the position of the various ETFs in relation to their respective long term trend lines (%M/A), while the second one tracks their trailing sell stops in the “Off High” column. The “Action” column will signal a “Sell” once the -7.5% point has been taken out in the “Off High” column.

3. Trend Tracking Indexes (TTIs)

Our Trend Tracking Indexes (TTIs) joined the upward momentum and closed deeper on the bullish side of their respective trend lines.

Here’s how we ended this week:

Domestic TTI: +3.58% (last Friday +2.88%)—Buy signal effective 10/22/2014

International TTI: +5.54% (last Friday +4.30%)—Buy signal effective 2/13/2015

Have a nice weekend.

Ulli…

Disclosure: I am obliged to inform you that I, as well as advisory clients of mine, own some of these listed ETFs. Furthermore, they do not represent a specific investment recommendation for you, they merely show which ETFs from the universe I track are falling within the guidelines specified.

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READER Q & A FOR THE WEEK

All Reader Q & A’s are listed at our web site!
Check it out at:

http://www.successful-investment.com/q&a.php

Reader Norman:

Q: Ulli: Since XLV has been a top performing index fund for many years, why not consider CURE?

A: Norman: The time to use a 3X leveraged ETF like CURE would have been at the beginning of the cycle and not this far into it. However, if your risk tolerance allows such leverage, then by all means go for it. I prefer the slow and steady approach, because it is more suited to trend tracking as it minimizes potential whip-saw signals.

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WOULD YOU LIKE TO HAVE YOUR INVESTMENTS PROFESSIONALLY MANAGED?

Do you have the time to follow our investment plans yourself? If you are a busy professional who would like to have his portfolio managed using our methodology, please contact me directly or get more details at:

https://theetfbully.com/personal-investment-management/

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Back issues of the ETF/No Load Fund Tracker are available on the web at:

https://theetfbully.com/newsletter-archives/

ETF/No Load Fund Tracker Newsletter For April 24, 2015

Ulli ETF Tracker Contact

ETF/No Load Fund Tracker StatSheet

————————————————————-

THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS:

https://theetfbully.com/2015/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04232015/

————————————————————

Market Commentary

STOCKS END VOLATILE WEEK ON POSITIVE NOTE; APPLE WATCH, CAR INTEGRATION APPS NEW WAVE

Fri pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

Stocks rose Friday as the Nasdaq and S&P 500 closed at new record highs in a historic week that saw the Nasdaq return from the dotcom bubble that burst 15 long years ago. The Nasdaq was powered by strong profit results from tech giants Microsoft (MSFT) and Amazon.com (AMZN). Amazon surged 14% after it revealed details of its cloud computing service. Thereafter, Microsoft jumped 10.5% as it easily beat Wall Street estimates.

Following up from yesterday in M&A news, Comcast Corp. (CCV) said Friday that the company is officially ending its $45.2 billion merger agreement with Time Warner Cable (TWC) scrapping a giant deal that ran into stiff opposition from consumers and a likely veto from federal regulators. If the deal had been completed, Comcast planned to move 3.9 million of its TV customers to Charter Communications.

Well, we’ve all been following the roll-out of the Apple watch. So, what will the Apple watch mean for auto manufacturers that are always looking to incorporate the latest of technologies into their automobiles? BMW and Porsche are in the forefront of what is likely to be a wave of automakers rolling out their own smart-watch applications, as they try to move toward having consumers view their cars as extensions of their digital lives. BMW divulged details of its Apple Watch app today, which will work with its two plug-in cars, the i3 and the i8. Across the yard, Porsche says its Apple Watch app will allow drivers to remotely control many functions right from their wrists via Porsche Car Connect. Drivers will know whether their windows, doors, trunk lid and sunroof are closed, among other features.

Earnings season continues next week, so let’s look forward to another week of interesting trading activity!

6 of our 10 ETFs in the Spotlight ended up higher today as XLY (consumer discretionaries) took the lead with a 1.36% gain. On the downside, XLV (healthcare) gave back some of this year’s healthy gains by losing 0.32%.

Read More

Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 04/23/2015

Ulli ETF StatSheet Contact

ETF/Mutual Fund Data updated through Thursday, April 23, 2015

TOC021915

 

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

TTI

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, which was followed by a violent break back above the line on 10/22/14 generating a new “Buy.” It was a classic whipsaw signal, and you can read more on my blog as to the events as they were unfolding.

As of today, our TTI (green line in above chart) is positioned above its long term trend line (red) by +3.69% keeping us in the market with our established positions.

Read More

Nasdaq Tops Record High For First Time Since 2000

Ulli Market Commentary Contact

Thur pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

The previous record high (5,048.62), which dates back to March 10, 2000 at the prime time height of the dot-com bubble, was surpassed today by about 12 points. What does the new record high mean exactly? Well, in the simplest sense it means that the Nasdaq has finally completely recovered 15 years later.

In general earnings news, Procter & Gamble (PG) and 3M (MMM) both fell after earnings missed expectations due to a strong dollar hurting global sales. In more enticing earnings news, Starbucks (SBUX) captured headlines today when the company posted record Q2 revenues just after the closing bell. The Q2 revenues were $4.6 bil and the bottom line was reported earnings per share of 33 cents — up 18% from the same period a year ago. As a side note, the company also reported that it opened 210 new stores in the second quarter, bringing the total stores worldwide to 22,088.

As for M&A, it was rumored today that Comcast Corp. is preparing to announce that it will abandon its attempt to buy Time Warner Cable (TWC), according to Bloomberg News. Given the size of the potential transaction ($45 billion) there has obviously been a notable level of federal involvement, which seems to have become a major headache and impediment for Comcast to move forward with the transaction.

There was not much to report in economic news, except that we received a batch of data that turned out to be weaker than estimated…notably that jobless claims rose and new home sales fell in March.

9 our 10 ETFs in the Spotlight closed on the plus side, as XLY (consumer discretionaries) took the lead with +0.50%, while XLP (consumer staples) was the lone loser with -0.34%.

Read More

Earnings Reports Continue; No Major Impact On Markets

Ulli Market Commentary Contact

Wed pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

Equities rose as the major indexes moved closer to record levels, and a tech stock rally sent the Nasdaq to a new 2015 closing high.

In earnings news, Dow giants McDonald’s (MCD) and Coca-Cola (KO) helped boost the blue-chip index higher as shares of MCD jumped 3.1% and KO rose 1.3% on the companies’ earnings reports. Facebook (FB) disappointed investors by reporting first-quarter revenues that were less than expected, sending shares down more than 2% in after-hours trading. On the flip side, Boeing (BA) flew past analyst estimates in the Q1 with earnings per share of $1.97.

First-quarter earnings season will likely set much of the tone for the rest of the week. In addition, existing home sales will be reported on Wednesday after markets close, new home sales are expected Thursday, and durable goods orders are expected on Friday.

In the economic realm, excluding the often volatile auto and gas categories, retail sales posted a 0.5% increase in March, slightly below economists’ expectations. The pace of growth in consumer spending has slowed from the strong levels at the end of 2014, but remains positive nonetheless. Inflation data showed some signs of a pickup, with both the PPI and CPI indexes posting larger-than-expected increases. Despite the slight uptick though, inflation remains relatively low overall.

All our 10 ETFs in the Spotlight climbed higher with lead by IYF (Financials) with a gain of 0.85%, while the laggard turned out to be XLP (consumer staples), which edged up by 0.06%.

Read More

Mixed Earnings News Leaves Markets In Flux

Ulli Market Commentary Contact

Tue pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

Stocks closed mixed as the Nasdaq jumped back above 5,000 but the Dow was dragged lower by mixed earnings news.

At the top of headlines today was Yahoo! (YHOO). The company missed earnings and revenue forecasts for Q1, which sorely disappointed investors that were hoping for a rebound to start off 2015. The company reported adjusted earnings of 15 cents a share, which is down 61% from the year-ago quarter. That missed forecasts calling for a profit of 18 cents a share. Shares are down 1.4% in afterhours trading.

As for M&A, we heard some positive news in the pharma space. In a potentially $40 billion pharma deal, Teva Pharmaceutical (TEVA) offered $82 per share for Mylan (MYL). Teva’s shares rose 1.9% and Mylan’s surged 8.9%.

Internationally, stock markets marched higher today, boosted by investor optimism over recent stimulus efforts, market reform measures in China and quarterly earnings from U.S. and European companies.

4 our 10 ETFs in the Spotlight managed to eke out a gain with XLV being the leader sporting a gain of 0.66%. On the downside, the laggard of the day was DVY with a 0.56% loss.

Read More