[Chart courtesy of MarketWatch.com] 1. Moving the Markets After an uneventful start to the week, markets here in the U.S. sprang back into action and posted their largest gains since early May. All three major indexes gained at least 1.20% on the day but with volume being downright atrocious, this move is suspect. The year has been volatile thus far …
Mellow Monday; GE And Bayer Making Bids; Fedspeak On Deck
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were little changed at the closing bell as Wall Street continues to contemplate the (potential) interest rate hike in June and a lingering sluggish growth rate of the U.S. economy. While Monday was quiet overall, investors are awaiting data on April new home sales Tuesday, as well as earnings results from …
ETFs/Mutual Funds On The Cutline – Updated Through 05/20/2016
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 265 (last week 242) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Guggenheim Large Cap Optimized Diversification ETF (OPD)
Guggenheim Investments, the eighth largest US issuer of exchange-traded funds with $27.5 billion in ETF assets-under-management, and the first to launch the so-called strategic/smart beta products, recently rolled out an ‘optimized’ strategic-beta product targeting the large capitalization US stocks. The newly minted Guggenheim Large Cap Optimized Diversification ETF (OPD) seeks to replicate the performance of the Wilshire Large Cap Optimized …
ETF/No Load Fund Tracker Newsletter For May 20, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05192016/ ———————————————————— Market Commentary SOLID FRIDAY, BUT FOURTH STRAIGHT WEEKLY LOSS FOR DOW [Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow closed the week with a rally on Friday, but the gains were not enough to push the index into positive territory for the week. This marks the fourth straight week of …
S&P 500 Falls Back Into Negative Territory For 2016
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell despite a big earnings beat from retailer Wal-Mart (WMT) Walmart (WMT) bucked the trend of many U.S. retailers this profit-reporting season, reporting that its earnings, revenues and sales all handily topped Wall Street’s estimates. Shares of the retailer gained almost 10% on the day. The positive news from the company …