ETF/Mutual Fund Data updated through Thursday, June 11, 2015 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/22/2014 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, …
Equities Edge Higher On Positive Retail Sales
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P shot out of the gates early on and, while the index was not able to hang on to the gains, it managed to eke out 4 points for the day. All major indexes closed on the plus side. Providing momentum were improved retails sales (+1.2% in May), which supports the …
Greece Plans Looking Up; Oil Continues To Rise
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks surged and bond yields hit nearly nine-month highs today as good news on Greek debt talks and U.S. wage growth encouraged investors to take some risk and invest. The mere hint of a thaw in the deadlock between Greece and its eurozone creditors is being viewed as a major positive by …
Inching Above The Unchanged Line
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks were little changed today, with only the S&P managing to close in the green, as investors are processing economic data and awaiting further developments in Greece’s debt negotiations with creditors. In economic news, U.S. wholesale inventories were higher than expected in April, while a separate report showed small businesses confidence …
Three Down Days In A Row
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Last week’s slide continued as the major indexes headed south again, and even the last hour’s rebound attempt had no staying power, so we closed at the day’s lows. We’re stuck in a slump with the Dow now having dipped into negative territory year-to-date, while the S&P 500 has come off its …
ETFs/Mutual Funds On The Cutline – Updated Through 06/05/2015
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 247 (last week 286) are hovering in bullish territory. The second report includes only …