[Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market, currently riding a two-week losing streak amid signs of fading momentum after a big rally off the market lows back in February, kicked off the new week with mixed results and little signs of breaking out to the upside. Oil dropped a bit, there was some news on …
ETFs/Mutual Funds On The Cutline – Updated Through 05/06/2016
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 381 ETFs, of which currently 263 (last week 300) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: REX Gold Hedged S&P 500 ETF (GHS)
The heightened volatility in US equity markets due to swings in oil price and global growth concerns have many investors leaning on gold as a hedge against market turmoil and a store for value. Traditionally, the yellow metal has shown low correlation to both stocks and fixed-income securities, and has enjoyed great demand as a safe haven both during uncertain …
ETF/No Load Fund Tracker Newsletter For May 6, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05052016/ ———————————————————— Market Commentary MEDIOCRE FINISH TO A CHOPPY WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were lower for the third week in a row as renewed concerns regarding global growth prospects have put pressure on investor sentiment. Additionally, recent domestic economic data has not been as robust as many had …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/05/2016
ETF/Mutual Fund Data updated through Thursday, May 5, 2016 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 4/4/2016 Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crossed above its long term trend line (red) …
May Proving To Be Unpredictable
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks struggled to stay above ground today. Early morning movement was positive, however, roller coasters go up and they go down. The Dow was the only major index to finish in positive territory on the day. U.S. produced crude prices are on the rise again as raging forest fires in Alberta, a …