ETF/Mutual Fund Data updated through Thursday, January 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: 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, …
Stocks Break 2-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks staged a strong afternoon rally and closed higher today as the major indexes broke a two-day losing streak. Utilities led the way for the S&P 500, as all ten sectors of the index posted gains. In tech news, shares of Alibaba (BABA) plunged 8.5% after the Chinese Internet giant reported revenue …
Fed Commentary Takes Starch Out Of Upward Momentum
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took a dive today, ending another wild ride with a plunge deeper into the red after the Federal Reserve’s latest policy statement. The Federal Reserve gave no indication today that it would stand down from plans to raise interest rates this year, noting that it expects unusually low inflation to gradually …
Markets End Lower, But Not Without Hope From Economy And Airlines
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major indexes ended lower today. However, not without seeing a blue sky. Yahoo shares rallied 6% after the company said it would spin off its remaining holdings in Alibaba into a separate entity. Stock in the new investment company created by the tax-free move, SpinCo, will be distributed to Yahoo shareholders. Speaking …
Stocks Borderline, But Positive To Begin The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended higher Monday, with the Dow basically flat, as investors grappled with the consequences of a victory for Greece’s anti-austerity Syriza party in general elections. In corporate news, Microsoft (MSFT) shares dipped slightly today, even after the software giant reported a spike in revenue and profits in line with analyst estimates. …
ETFs/Mutual Funds On The Cutline – Updated Through 1/23/2015
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 244 (last week 217) are hovering in bullish territory. The second report includes only …