[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls were clearly in charge, and the major indexes managed to build on yesterday’s gains with the S&P 500 pushing through the 2,100 level again by adding another 0.75%. Despite the same old useless jawboning by the Fed about their intentions, or lack thereof, of hiking rates in the fall, traders …
Reversing the Slide
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes managed to put a stop to the worst pullback since January as the markets simply got oversold. Helping to a good start early on were better-than-expected earnings by UPS and Pfizer while energy shares found some momentum to the upside and even copper managed to pull itself out of …
Chinese Stocks Drop 8.5%—Domestic Equity Slide Continues For 5th Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Blame it one the Chinese. With the Shanghai index tanking some 8.5% in today, there was simply no other way to go but down. European stocks took the clue, and the German DAX dropped 2.6%. Following the leaders, the bears quickly took the upper hand in the U.S. markets and down we …
ETFs/Mutual Funds On The Cutline – Updated Through 07/24/2015
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 150 (last week 212) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Hull Tactical US ETF (HTUS)
Blair Hull, one of the veterans of quantitative trading on the Wall Street, recently entered the exchange-traded fund industry in association Exchange Traded Concepts – a white label ETF service provider. Hull’s actively managed fund uses hedge fund like proprietary trading strategies with an aim to give superior returns to the broader investor community. Blair Hull, along with his partners, …
ETF/No Load Fund Tracker Newsletter For July 24, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07232015/ ———————————————————— Market Commentary [Chart courtesy of MarketWatch.com] 1. Moving the Markets The above 5-day chart tells the story for the week. The bears were clearly in charge with the S&P 500 surrendering over 2% during the last 5 trading sessions. Still, the index remains …