ETFs/Mutual Funds On The Cutline – Updated Through 09/12/2014

Ulli ETFs on the Cutline Contact

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 318 (last week 349) are hovering in bullish territory.

The second report includes only High Volume ETFs. To clarify, High Volume (HV) ETFs are defined as those with an average daily volume of $10 million or higher.

These ETFs are generated from my selected list of some 97 that I use in my advisor practice. It cuts out the “noise,” which simply means it eliminates those ETFs that I would never buy because of their volume limitations. 67 ETFs (last week 76) have managed to remain in bullish territory after the recent market volatility.

The third report covers Mutual Funds on the Cutline. There are currently 747 (last week 796) above the line and 103 below it out of the 850 that I follow.

Take a look:

1. ETF Master Cutline Report     

2. ETF High Volume Cutline Report

3. MF Cutline Report

In case you are not familiar with some of the terminology used in the reports, please read the Glossary of Terms.

If you missed the original post about the Cutline approach, you can read it here.

One Man’s Opinion: Will US Economic Growth Exceed 2 Percent This Year?

Ulli Market Review Contact

92835431US bonds and stocks have been moving in tandem for some time now, indicating the new reality in price correlation, said Jim Bianco, President and Founder of Bianco Research.

Historically, bond and stock correlations have never been stable over a period of decades; they go back and forth depending upon whether markets are worried about inflation or deflation. In the US, there are concerns over growing inflation, but surprisingly any uptick in price levels are missing.

So, yields have been down for most of the year and stocks have been up. Stated another way, stock and bond prices have been going up. If inflation had been the real threat, stock and bond prices would have been going down. Investors can not hide anywhere in the financial assets sectors when inflation goes up, though it’s possible to hide in the commodities markets.

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New ETFs On The Block: First Trust Strategic Income ETF (FDIV)

Ulli Income ETFs Contact

105487691First Trust portfolios, the Il-based sixth-largest issuer of exchange-traded funds, launched a new actively-managed product that aims to generate risk-adjusted returns through positions in various asset classes.

The newly launched First Trust Strategic Income ETF (FDIV) is sub-advised by six portfolio managers including Stonebridge, Richard Bernstein, Energy Income Partners and First Trust Global Portfolios.

FDIV is a “multi-strategy” fund that holds securities across six-asset classes; high-yield bonds and senior loans, master limited partnerships (MLPs) and energy infrastructure stocks, preferred securities, dividend stocks, mortgage-related securities and international sovereign bonds.

Read More

09-12-2014

Ulli Newsletter Archives Contact

ETF/No Load Fund Tracker Newsletter For September 12, 2014

ETF/No Load Fund Tracker StatSheet

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

https://theetfbully.com/2014/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09112014/

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Market Commentary

Friday, September 12, 2014

INDEXES END THE WEEK LOWER ON BEARISH ENERGY STOCKS AND OUTLOOK OF FED DECISION

Fri pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

Equities finished lower on the week, led by a decline in energy stocks. The Dow fell 0.9% to end the week at 16,988, the S&P 500 dropped 1.1%, to end at 1,986 while the Nasdaq pulled back 0.33%

It was an extremely slow week for economic data, but readings on the economy were encouraging nonetheless. Retail sales showed the consumer strengthened in August, mostly driven mostly by auto sales which rose 0.6%

All eyes will be on the Federal Reserve next Wednesday, when it will release its interest rate decision as well as its quarterly outlook. Expectations are for the Fed to reduce bond purchases by another $10 billion per month, taking current purchases down to $15 billion per month.

All of our 10 ETFs in the Spotlight slipped today but remain on the bullish side of their respective trend lines, as the table below shows.

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

All of them are currently in “buy” mode, meaning their prices are above their respective long term trend lines by the percentage indicated (%M/A).

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

YTD

To be clear, 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 is taken out in the “Off High” column.

3. Domestic Trend Tracking Indexes (TTIs)

Our Trend Tracking Indexes (TTIs) headed south for the week and closed as follows:

Domestic TTI: +2.14% (last Friday +3.00%)

International TTI: +1.60% (last Friday +2.69%)

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 Cole:

Q: Ulli: Regarding the 2 tables above, you mention that “All of them are currently in “buy” mode, meaning their prices are above their respective long term trend lines by the percentage indicated (%M/A).

However in the “Action” column, they are all listed as a “Hold”. Would you recommend putting new money to work in the current lofty market?

Thanks for this fantastic website and all your valuable insight!

A: Cole: If you currently own any of the listed ETFs, they are considered to be in “Hold” mode as opposed to “Sell” mode, which occurs once they drop off their highs by 7.5%. The “Action” column will reflect such a change.

For new money, I recommend the use of my incremental buying procedure as described in the following video:

https://www.youtube.com/watch?v=9bMzdkYY-hk

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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 September 12, 2014

Ulli ETF Tracker Contact

ETF/No Load Fund Tracker StatSheet

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

https://theetfbully.com/2014/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09112014/

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Market Commentary

Friday, September 12, 2014

INDEXES END THE WEEK LOWER ON BEARISH ENERGY STOCKS AND OUTLOOK OF FED DECISION

Fri pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

Equities finished lower on the week, led by a decline in energy stocks. The Dow fell 0.9% to end the week at 16,988, the S&P 500 dropped 1.1%, to end at 1,986 while the Nasdaq pulled back 0.33%

It was an extremely slow week for economic data, but readings on the economy were encouraging nonetheless. Retail sales showed the consumer strengthened in August, mostly driven mostly by auto sales which rose 0.6%

All eyes will be on the Federal Reserve next Wednesday, when it will release its interest rate decision as well as its quarterly outlook. Expectations are for the Fed to reduce bond purchases by another $10 billion per month, taking current purchases down to $15 billion per month.

All of our 10 ETFs in the Spotlight slipped today but remain on the bullish side of their respective trend lines, as the table below shows.

Read More

Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 09/11/2014

Ulli ETF StatSheet Contact

ETF/Mutual Fund Data updated through Thursday, September 11, 2014

Table of Content082312

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 10/25/2011

TTI

Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the TTI hovering slightly below and above this dividing line between bullish and bearish territory. The clear break to the upside occurred on 10/24/11 and, effective 10/25/11, a new Buy signal for domestic equities went into effect.

As of today, our TTI (green line in above chart) is positioned above its long term trend line (red) by +2.65%.

To avoid a potential whip-saw, a Sell signal to move out of all domestic equity positions will be generated once we have clearly pierced the red line to the downside. Be sure to tune in for the latest updates.

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