[Chart courtesy of MarketWatch.com] 1. Moving the Markets Oil prices headed south again but investors did not care as domestic indexes were mixed early on but suddenly rallied into the close as choppiness prevailed. There was no news event supporting the sudden intra-day trend reversal as energy showed continued weakness and European markets suffered a severe sell-off. With the volatility …
ETFs/Mutual Funds On The Cutline – Updated Through 12/18/2015
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 381 ETFs, of which currently 35 (last week 36) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: PowerShares S&P 500 Momentum Portfolio (SPMO)
Factor-based investing has been quite popular within the investment community and, at a time when valuations seem a little stretched, momentum factor based strategies managed to find increasing favor with investors. PowerShares, the fourth-largest US issuer of exchange-traded funds and one of the biggest purveyors of factor-based investment, recently added a momentum factor based ETF to their lineup after the …
ETF/No Load Fund Tracker Newsletter For December 18, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12172015/ ———————————————————— Market Commentary EQUITIES GET SPANKED BY SLIDING CRUDE PRICES AND OPTIONS EXPIRY [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above chart tells the story. The euphoric “Fed High” did not last, the morning after hangover sat it …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/17/2015
ETF/Mutual Fund Data updated through Thursday, December 17, 2015 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) …
The Morning After: Bulls On Fed Hike Take A Hike
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street’s enthusiasm over the Federal Reserve’s interest rate hike proved short-lived as stocks sold off sharply today, led by the energy sector, after oil prices fell below $35 a barrel. Although equities rallied briefly at the opening bell and looked ready to build on a three-day winning streak, the gains quickly …