[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks drifted in and out of positive territory most of the morning, but turned downwards in afternoon trading as investors digested economic reports that showed an uptick in inflation and a big jump in new-home sales in February. Before the closing bell, the Labor Department reported that consumer prices were up 0.2%, …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The indexes meandered throughout the trading day but were not able to sustain early upside momentum. In the last few minutes of trading, the indexes puked and finished in the red, although by only a small margin given last week’s advance. Concern remained in the currency arena where the dollars advance has …
ETFs/Mutual Funds On The Cutline – Updated Through 03/20/2015
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 292 (last week 237) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: SPDR S&P 500 Buyback ETF (SPYB)
The US economy is facing a strange situation; while corporate profits reached record highs, economic activity still remains subdued along with considerable slack in capacity utilization. In the absence of capex opportunities, many companies are undertaking share buybacks to trim balance-sheets and boost EPS/returns. Also, buybacks are more tax efficient for investors than a special dividend. Data by FactSet shows …
ETF/No Load Fund Tracker Newsletter For March 20, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03192015/ ———————————————————— Market Commentary Friday, March 20, 2015 STOCKS CLOSE VOLATILE WEEK ON POSITIVE NOTE [Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a volatile week of trading, but U.S. stocks capped off Friday in positive territory lifted by a positive slew of …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 03/19/2015
ETF/Mutual Fund Data updated through Thursday, March 19, 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, …