[Chart courtesy of MarketWatch.com] 1. Moving the Markets Despite talking out of both sides of its mouth for weeks, the Federal Reserve announced at the close of its meeting today that it would keep interest rates unchanged. While commenting on the matter though, Yellen said a July hike “is not impossible,” suggesting that strong job growth in June and substantial upward revisions …
Fourth Straight Loss For Domestic Indexes
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks extended their decline today as the Fed began its two-day policy meeting. The general sentiment is that rates are going to be hiked anytime soon, so that potential announcement is fairly well baked into prices throughout the market at this point; that’s the official version. Personally, when looking at the consistently …
Nervous Monday: Markets Retreat
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street was a mess today after the shooting in Florida this past Sunday morning. This unfortunate incident, alongside uncertainty ahead of the U.S. Federal Reserve’s meeting this week and on mounting concern about Britain’s possible exit from the European Union did not equate to a prosperous trading day in the market …
ETFs/Mutual Funds On The Cutline – Updated Through 06/10/2016
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 324 (last week 344) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For June 10, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06092016/ ———————————————————— Market Commentary RUNNING INTO A BRICK WALL [Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were on a hot streak heading into today’s trading, driven by well-performing energy stocks and oil. However, the hopes of the S&P 500 breaking into record territory slowly faded into dust as all 3 major indexes …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 06/09/2016
ETF/Mutual Fund Data updated through Thursday, June 9, 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 +2.47% …