[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow rebounded big time today, surging nearly 620 points, which is its third-best daily point gain ever and best since 2008. This finally ended a painful six-day losing streak and gave Wall Street the signs of stabilization it has been craving after its worst rout in four years. Giving the markets …
Bounceback Tuesday Turns into Vicious Sell-off—China Dumps Again
[Chart courtesy of MarketWatch.com] 1. Moving the Markets This morning, China’s Shanghai index took another cliff dive at the tune of some 7.6%, but the European and U.S. markets simply ignored it as they were busy celebrating the Tuesday bounce-back, which took the Dow up by some 440 points. Unfortunately, the euphoric feeling did not last, and the major indexes …
World Equities Get Crushed By The Great Fall Of China
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It all started with China’s Shanghai index dropping some 8.5% and the European markets following closely by losing some 5%. U.S. equities took a huge tumble at the opening, rallied back to almost even before succumbing to last hour selling. China has been a story in itself with their index having gained …
ETFs/Mutual Funds On The Cutline – Updated Through 08/21/2015
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 410 ETFs, of which currently 36 (last week 152) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Principal EDGE Active Income ETF (YLD)
Principal Financial Group, the financial behemoth with $500 billion in assets under management and better known for its range of 401(k) retirement plans, insurance products and mutual funds, recently forayed into the exchange traded funds segment. The newly launched Principal EDGE Active Income ETF (YLD) is sub-advised by Principal’s EDGE Asset Management unit and seeks to provide current income by …
ETF/No Load Fund Tracker Newsletter For August 21, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08202015/ ———————————————————— Market Commentary THE BEAR MARKET HAS ARRIVED: DOMESTIC AND INTERNATIONAL TTIs IN “SELL” MODE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks have been in a world of pain this week as selloffs continued. The Dow lost 531 points today, dropping to …