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 303 (last week 326) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Sprott Junior Gold Miners ETF (SGDJ)
Sprott Asset Management, the Denver, CO based asset manager known for its skills in precious metals investment, recently rolled out its second gold miner exchange-traded fund after the first product raked in more than $180 million following its launch last year. The newly launched Sprott Junior Gold Miners ETF (SGDJ) follows a factors based strategy and invests in smaller cap …
ETF/No Load Fund Tracker Newsletter For May 22, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05212015/ ———————————————————— Market Commentary MARKETS CLOSE LOWER FRIDAY, BUT ROUND OUT A SOLID WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended lower ahead of the Memorial Day holiday weekend as Fed Reserve Chair Janet Yellen reconfirmed that the central bank remains on …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/21/2015
ETF/Mutual Fund Data updated through Thursday, May 21, 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 Fall From Intra-Day High
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed after a short-lived bump, caused by the release of the minutes from the last Federal Reserve meeting, which showed a June rate hike was unlikely. Federal Reserve policymakers said last month that they were unlikely to raise interest rates in June because of the economy’s recent sluggish performance, according …
Losing Steam
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a struggle for the indexes today, as the upward momentum of the last few days waned and even a last hour rebound lacked spunk and turned out not to be enough for the S&P and Nasdaq to cross above the unchanged line. Energy stocks sold off sharply as oil prices …