[Chart courtesy of MarketWatch.com] 1. Moving the Markets The indexes raced out of the starting blocks with the S&P 500 shooting up 27 points as China’s efforts of stemming their market slide seemed to be successful—at least for the time being. Of course, as we all know, it’s very questionable as to whether these manipulative attempts, including harsh penalties for …
Equities Tumble—The International TTI Slips Into Bear Market Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets For a change, at least on Wall Street, the problems in Greece seemed to have moved to the back-burner, while issues in China, such as their over 30% stock market slide in the past 3 weeks took center stage. The concern is that China’s equity slide will hurt their economy, the second …
Hope Of A Solution In Greece Fuels Rebound
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Things looked very dicey for the S&P 500, and the markets in general, as the indexes dropped sharply after the opening. The S&P touched the 2,044 level, which was a break below its widely followed 200-day moving average. A close around the lows of the day may have generated a “Sell” signal …
Equities Pull Back As Outlook For Greece Remains Uncertain
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a roller coaster ride as the major indexes dropped at the open, then managed to climb above the unchanged line before slipping again but rallying into the close. So far, the fallout has been worse in Europe but uncertainty and subsequent volatility may stay with us for a while. Via …
ETFs/Mutual Funds On The Cutline – Updated Through 07/02/2015
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 195 (last week 240) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Elkhorn S&P 500 Capital Expenditures Portfolio (CAPX)
When it comes to innovation, there’s hardly any segment in the financial sector that can beat the exchange-traded funds industry. With more than 1,700 products and about $2.1 trillion in assets under management, it all points to an industry that flourishes on novelty and is more dynamic than every before. It’s no surprise then that a new product with a …