ETF/Mutual Fund Data updated through Thursday, November 6, 2014 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, …
Markets Continue To Climb On ECB Stimulus
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P 500 and the Dow rose to new record highs today, again. At the close, the S&P 500, Dow and Nasdaq were all up 0.4%. One of the major factors moving the markets higher today was that the ECB announced it is leaving interest rates unchanged and will continue to boost …
Stocks Return To Record Territory As GOP Regains Control Of The Senate
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks bounced back into record territory today after the GOP (Republican Party) regained control of the U.S. Senate for the first time in eight years. The S&P 500 gained 0.6% to close at an all-time high of 2,023.57. The Dow also gained 0.6% and closed at a record high of 17,484.53. The …
Falling Oil Prices Drag Markets Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed mostly lower today, primarily driven by falling oil prices and renewed fears of a global economic slowdown. The S&P 500 dropped 0.29%, the Nasdaq fell 0.32%, while the Dow gained 0.10%. Oil prices fell to a three-year low as Saudi Arabia cut prices of crude exported to the U.S. A …
Out With October Scares And Into November We Go
[Chart courtesy of MarketWatch.com] 1. Moving the Markets October, the spooky, volatile month best known for stock market crashes, is finally over after giving investors a brief, frightful scare. However, stocks retreated slightly today as oil prices tumbled more than 2% to below $79 a barrel. The S&P 500 dropped 0.01%, the Dow fell 0.1% and the Nasdaq squeezed out a slight …
ETFs/Mutual Funds On The Cutline – Updated Through 10/31/2014
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 287 (last week 210) are hovering in bullish territory. The second report includes only …