[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks kicked off November with nice rally as investors reacted to a batch of corporate deals, fresh economic data and anticipate another big week of corporate earnings. For first time since Aug. 18 the S&P 500 closed above 2100. The index is now at 2104.05 nearing its all-time closing high of …
ETFs/Mutual Funds On The Cutline – Updated Through 10/30/2015
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 91 (last week 103) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: ProShares MSCI Europe Dividend Growers ETF (EUDV)
ProShares, the largest US provider of alternative exchange traded funds, recently launched a so called smart-beta fund that targets European companies with a proven track record of growing dividends. While the global economic turmoil, including China’s slowdown, has hit European companies hard, when it comes to paying dividends they don’t disappoint investors – as of August 31, 2015, the dividend …
ETF/No Load Fund Tracker Newsletter For October 30, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10292015/ ———————————————————— Market Commentary A STRONG MONTH FOLLOWED BY A WEAK ENDING [Chart courtesy of MarketWatch.com] 1. Moving the Markets While October might go down in history as the month that made up for all the losses since August, this week we saw mainly sideways …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 10/29/2015
ETF/Mutual Fund Data updated through Thursday, October 29, 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-green line in above chart) has recently crawled above its long term trend line (red) …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow day on Wall Street today. All indexes ended slightly lower, mostly due to the fact that we heard a bit of disappointing news on the state of our economy. The government reported today that the economy grew at a slightly lower-than-expected 1.5% in the third quarter. That was …