New ETFs on the block: North American Oil Sands ETF (SNDS)

Ulli Oil ETFs Contact

Sustainable Wealth Management is the latest entrant into the North-American oil sands market, launching their first ETF, the Sustainable North American Oil Sands ETF (SNDS) that gives investors broad exposure in to the space.

SNDS seeks to track the Sustainable North American Oil Sands Index, a benchmark that comprises of companies with operations in oil exploration, production, refining, transportation and storage. Depending upon the depth of the market, the underlying index may consist of up to 40 US or Canada based companies, allocating equal weights to each.

The benchmark only considers companies that trades on a North American exchange and have achieved at least $5 million in average trading volumes in the last 100 days. Some of the components of the ETF are large reputable companies such as Exxon Mobil, Conoco Phillips, marathon, Chevron etc. that are engaged in more traditional exploration and refining activities. The fund also holds ADRs of giant multinationals like Royal Dutch Shell, PetroChina, Statoil and Total.

Read More

ETF/No Load Fund Tracker Newsletter For Friday, June 15, 2012

Ulli ETF Tracker, Uncategorized Contact

ETF/No Load Fund Tracker StatSheet

————————————————————-

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

https://theetfbully.com/2012/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06142012/

————————————————————

Market Commentary

Friday, June 15, 2012

STOCKS RISE ON FED STIMULUS HOPES; RWG POPS, CVOL SINKS

US stocks finished higher Friday, capping two consecutive weekly gains for the first time since April on further stimulus hopes from the Federal Reserve and central banks around the world, if needed, following Greek elections over the weekend.

Wall Street traders are now displaying Pavlovian dog behavior waiting for the bell to ring in order to be served another helping of stimulus food, so economic realities can be overlooked, and the rally can go on.

All economic data points over the past week showed a weakening economy, which is a good thing for the perverse thinkers on Wall Street, as it enhances the chances of getting the spiked punch bowl back. In my mind, every stimulus package of the past has had a lesser effect than the next one, which makes me wonder what ammunition is really left in the Fed’s bag to satisfy traders’ insatiable appetite for more. And what happens if the Fed does not play ball next week?

Read More

Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 06/14/2012

Ulli ETF Tracker Contact

ETF/Mutual Fund Data updated through Thursday, June 14, 2012

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

The domestic 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 Trend Tracking Index (TTI—green line in above chart) has broken above its long term trend line (red) by +1.91%. Be sure to tune into my blog for the latest updates.

Read More

Major Market ETFs Jump On Stimulus Rumors; UNG Burns Bright, VIXY Sinks

Ulli Market Review Contact

[Chart courtesy of MarketWatch.com]

US stocks jumped more than one percent Thursday as reports in the media suggested central banks from major economies across the world stand ready to take coordinated steps to stabilize markets if Greece elections over the weekend cause market turbulence.

The market was a rumor mill all day long, but the abovewas the mother of wishful thinking as the markets tried to find any reason, since economic data were simply not viable, to push the indexes higher.

For some spot on and clear analysis of this hyped up trading day, this is what ZeroHedge had to say:

Read More

Greece Election On Sunday Hangs Heavy Over Stock Markets; FAA Flies, EU Tanks

Ulli Market Review Contact

[Chart courtesy of MarketWatch.com]

US stocks declined Wednesday as investors remained worried over Sunday’s Greek elections. The situation was compounded further after ratings agency Egan-Jones cut Spain’s government debt to junk Wednesday.

Treasuries advanced to erase yesterday’s gain in yields as markets turned jittery after reports showed a decline in US retail sales in May, spiking demand for safe-haven assets. Reports of increasing withdrawals at Greek banks didn’t ease investor concerns either.

The Dow Jones Industrial Average (DJIA) dropped 77.42 points, with 20 of the 30 components closing lower within the blue-chips index. The S&P 500 Index (SPX) slipped 9.30 points with consumer discretionary declining the among its 10 business groups.

Read More

7 ETF Model Portfolios You Can Use – Updated through 6/12/2012

Ulli Model ETF Portfolios Contact

The prior week’s 3.5% loss by the S&P 500 was followed by this week’s 2.95% gain, as the markets reacted to the potential Spain bailout estimated to be in the range of $100 billion. Of course, no one yet has asked the hard question as to where the money is actually coming from.

Nevertheless, simply hope along with yesterday’s dead cat bounce based on rumors of a coordinated effort by the major central banks to come up with another stimulus plan was enough to pull the S&P 500 back to last Friday’s closing level.

While upward momentum has slowed, there will always be rebound rallies before reality finally sets in, which is that a global slowdown is underway. While it can be temporarily interrupted by fancy intervention schemes, they usually prove to be ephemeral in nature.

Our model ETF portfolios held steady because most of our equity holdings were liquidated as their respective trailing sell stops had been triggered.

Take a look at the latest update:

Read More