[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks cut early losses and closed mostly higher as the Federal Reserve began a two-day policy meeting to discuss the economy and interest rates. The Nasdaq was the only major index that closed in the red, down 0.10%. As you know, interest rates have been at the forefront of news headlines for …
Pulling Back From Record Highs
[Chart courtesy of MarketWatch.com] 1. Moving the Markets A pause sure was in order after last week’s push into record territory. The major indexes pulled back as the chart above shows. The focus remains on earnings with the name of the game being to beat the already lowered expectations. After the closing bell, Apple managed to beat handsomely by posting …
ETFs/Mutual Funds On The Cutline – Updated Through 04/24/2015
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 331 (last week 309) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For April 24, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04232015/ ———————————————————— Market Commentary STOCKS END VOLATILE WEEK ON POSITIVE NOTE; APPLE WATCH, CAR INTEGRATION APPS NEW WAVE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rose Friday as the Nasdaq and S&P 500 closed at new record highs in a historic week that …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 04/23/2015
ETF/Mutual Fund Data updated through Thursday, April 23, 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 …
Nasdaq Tops Record High For First Time Since 2000
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The previous record high (5,048.62), which dates back to March 10, 2000 at the prime time height of the dot-com bubble, was surpassed today by about 12 points. What does the new record high mean exactly? Well, in the simplest sense it means that the Nasdaq has finally completely recovered 15 years …