ETF/Mutual Fund Data updated through Thursday, September 3, 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 8/24/2015 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a “Sell” for this arena effective 10/14/2014, …
Early Rally Fades; Dow Up Nasdaq Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities closed mixed today as an early rally on Wall Street slowly faded and gave back strong gains. Stocks jumped early in the trading session after yesterday’s big rebound, as Wall Street digested favorable data on the services sector of the U.S. economy and reassuring comments from the European Central Bank. It …
Dow Swings Back Into The Black
[Chart courtesy of MarketWatch.com] 1. Moving the Markets A tech rally today helped Wall Street stage a rebound that sent the Dow up almost 300 points and pushed the Nasdaq back into positive territory for the year. The rally was broad-based as all ten of the S&P 500 sectors rose with technology and industrials leading the way. Investors were encouraged …
In True Form September Begins Shaky
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the trading month of August was a wild ride for us all. August 2015 chalked up to be the worst month for the Dow since May 2010 and the stock market’s first 10% correction in four years. Investors remained nervous over fears of a move by the Fed to raise rates …
Markets Smash Hopes About Stability
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Uncertainty about the timing of Federal Reserve rate hikes and persistent fears about a China slowdown continued to weigh on financial markets after last week’s wild ride. Investors thought stocks may have stabilized by the end of last week, however, indexes tumbled and oil prices surged Monday as Wall Street closed out …
ETFs/Mutual Funds On The Cutline – Updated Through 08/28/2015
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 41 (last week 36) are hovering in bullish territory. The second report includes only …