[Chart courtesy of MarketWatch.com] 1. Moving the Markets If you read yesterday’s commentary, you may remember me discussing the possibility that U.S. Crude oil could fall below $40 a barrel. Well, today it happened, which is completely opposite of how analysts were expecting the black gold to perform this summer. Many had pegged $50 per barrel as a mark that …
Mediocre Monday; Uber Hails Ride Back From China
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks were mixed Monday as a two-week period of relative stability in the markets continued despite a sharp slide in oil prices. In Uber news, we heard today that the company is officially “bowing out” of the China market. Uber’s Chinese operations will merge with Beijing-based ride hailing firm Didi Chuxing. …
ETFs/Mutual Funds On The Cutline – Updated Through 07/29/2016
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 538 ETFs, of which currently 473 (last week 506) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For July 29, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07282016/ ———————————————————— Market Commentary DOW FELL EVERY DAY THIS WEEK; GDP SHOCKER [Chart courtesy of MarketWatch.com] 1. Moving the Markets Can the GDP numbers get any worse? Today’s announcement was a real shocker as second quarter GDP clocked in at a miserable 1.0% against expectations of 2.6%. And, to add insult to injury, first …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 07/28/2016
ETF/Mutual Fund Data updated through Thursday, July 28, 2016 If you are not familiar with some of the terminology used, please see the Glossary of Terms. Important announcement: Please note that I am in process of expanding the ETF portion of the StatSheet to bring you a wider variety of High Volume ETFs. I will be discontinuing the mutual fund …
Dow Falls Four Days Straight
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back a tad on mixed corporate earnings and falling oil prices as the Dow slipped for a fourth straight day. Oil prices continue to fall with no obvious reason as the price of West Texas Intermediate Oil, the U.S. benchmark, was down 1.96% to close at $41.10 a barrel. Oil …