[Chart courtesy of MarketWatch.com] 1. Moving the Markets After posting its best start to March ever on signs the U.S. economy is perking up, U.S. stocks managed modest gains and the Nasdaq exited correction territory as investors digested the latest upward move and Super Tuesday results. Tuesday’s rally, which was powered in part by incoming economic data that allegedly suggests that recession fears …
When Bad News Is Good News And Good News Is Great News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As I was scanning the early news on MarketWatch, I cam across the headline “Wall Street gains as weak data spurs stimulus,” which was later removed and replaced with “Wall Street surges as data points to economic recovery” confirming that according to MSM bad news is good news and good news can …
Dow Is Only Index To Stay Above Water In February
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended February on a sour note as oil prices rose and “the” meeting of G20 finance officials ended without pledges for joint action to stimulate sagging global economic growth. As I mentioned on Friday, chances are great that useless jawboning without concrete results or resolutions is as good as it gets. The …
ETFs/Mutual Funds On The Cutline – Updated Through 02/26/2016
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 55 (last week 48) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Market Vectors Generic Drugs ETF (GNRX)
Breakthrough drugs generally attract investors’ attention in the pharmaceutical industry although generics make up bulk of the sales in most geographics. Average life expectancy is rising, thanks to the wonders of modern pharmacology, and pushing consumers toward generic versions of expensive brands for cost reasons. While exchange traded funds tracking the broader healthcare sector have become increasingly refined, nobody really …
ETF/No Load Fund Tracker Newsletter For February 26, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02252016/ ———————————————————— Market Commentary SECOND STRAIGHT WEEK OF GAINS UPON CALM FRIDAY [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended mixed but posted a second straight week of gains Friday as oil prices basically held steady, China’s top central banker eased market fears and a report on U.S. economic growth showed the economy wasn’t quite as …