[Chart courtesy of MarketWatch.com] 1. Moving the Markets Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year. Earlier …
Stocks Stay Afloat For Second Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Just when it looked like stocks would never go up again, the tide shifted slightly on Monday with the Dow edging higher by 52 points, relieving some of the bearish pressure that has weighed on Wall Street since the start of the year. Now, investors are eyeing a hoped-for bounce after plunging …
Not A Horrible Day In The Market, But No Real Sunshine
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market closed mixed on Monday, a welcome respite from what has been the worst start to a year ever on Wall Street, though the plunge in oil continued and sent crude prices to levels last seen in 2003. Stocks initially shrugged off more turbulence in the mainland China stock market …
ETFs/Mutual Funds On The Cutline – Updated Through 01/08/2016
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 18 (last week 56) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: First Trust SSI Strategic Convertible Securities ETF (FCVT)
While the debate among market participants rages about the frequency of rate increases in 2016, investors worried about capital protection may consider an industry first fixed-income product product since not all bonds would get hammered with the gradual normalization of interest rates. Case in point: convertible bonds that could potentially offer higher total returns as they allow meaningful participation in …
ETF/No Load Fund Tracker Newsletter For January 8, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01072016/ ———————————————————— Market Commentary MARKETS MELT DOWN IN WORST EVER FIRST WEEK TO START THE YEAR [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above chart shows the extent to which the bulls got slaughtered this week as the U.S. …