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 338 (last week 265) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: REX VolMaxx Long VIX Weekly Futures Strategies ETF (VMAX)
REX Shares, the fairly new entrant in the exchange-traded funds space promoted by industry veteran Greg King, recently launched two products that focus on volatility of the broad-based large-cap US equity market. The REX VolMAXX Long Weekly Futures Strategies ETF (VMAX) aims to provide exposure to the implied volatility of the broader large-cap US equities by investing in VIX futures-contracts …
ETF/No Load Fund Tracker Newsletter For May 27, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05262016/ ———————————————————— Market Commentary STOCKS POST SOLID GAINS FOR THE WEEK; ARE THE BULLS BACK? [Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets posted modest gains today, but it was just enough to push the major indexes above water to a weekly gain and snap a 3-week losing streak. As I mentioned yesterday, …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/26/2016
ETF/Mutual Fund Data updated through Thursday, May 26, 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) remains above its long term trend line (red) by +1.76% …
No Upside Follow Through On Low Volume Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks went nowhere and held steady as most assets decoupled and closed lower. ZH reports that USDYPY headed south as did oil, high yield bonds and Treasury yields while the major stock indexes stubbornly remained in nosebleed territory closing around the unchanged line. Volume was atrocious. Banks were a drag on the …
The Short Squeeze Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets are on a 3-day run heading into the end of May and it seems that a ‘Rally Cry’ is on the tip of everyone’s tongue despite China devaluing their currency to the lowest in 5 years and the U.S. services industry tanking. So, what is driving markets higher this week? A …