[Chart courtesy of MarketWatch.com] 1. Moving the Markets Both the Dow and S&P 500 closed at high water marks for 2016. Movement upward today was driven mostly by Janet Yellen’s speech today in New York wherein she said the central bank will “move cautiously” on interest rate hikes. The “cautious” stance is mostly due to risks of a weak global …
Quiet Monday After Easter; GM Moves Towards Autopilot
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes closed moderately higher after a day with little volatility. Perhaps the hesitance in markets today was the fact that investors are waiting to react to more economic news this week that will provide further insight into the state of the slumping domestic economy. Today, we received reports on personal …
ETFs/Mutual Funds On The Cutline – Updated Through 03/24/2016
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 176 (last week 225) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Wisdomtree CBOE S&P 500 PutWrite Strategy Fund (PUTW)
Institutional investors have been selling or writing put options for many years to boost income when markets are placid and trend sideways. Put options are financial derivative contracts that gives the buyer/owner the ‘right’ to sell an underlying asset (e.g. stocks) at a pre-agreed strike price on a stipulated date (e.g. one month/ three months from the date of purchase). …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 03/24/2016
ETF/Mutual Fund Data updated through Thursday, March 24, 2016 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 11/13/2015 Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) …
ETF/No Load Fund Tracker Newsletter For March 24, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03242016/ ———————————————————— Market Commentary MARKETS UNCHANGED FOR THE DAY BUT DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Heading into the long weekend, U.S. stocks showed weakness amid renewed talks of a coming interest rate hike from the Federal Reserve, a resurgent dollar and falling oil prices, putting an end to their five-week winning …