[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took somewhat of a “breather” on Monday, closing mixed just after coming off the best weekly performance of the year. The biggest drag on the markets was that oil prices fell to $80 a barrel, which marks a notable decline from the $107 price in June. Sinking oil prices suggests weakening …
ETFs/Mutual Funds On The Cutline – Updated Through 10/24/2014
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 210 (last week 105) are hovering in bullish territory. The second report includes only …
ETF/No Load Fund Tracker Newsletter For October 24, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10232014/ ———————————————————— Market Commentary Friday, October 24, 2014 STOCKS POLISH OFF A SOLID WEEK OF GAINS AMIDST VOLATILITY [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks finished notably higher on the week driven by solid U.S. economic data and corporate earnings reports. The 4.15% …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 10/23/2014
ETF/Mutual Fund Data updated through Thursday, October 23, 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 Back On Top After Strong Earnings Reports Continue
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities got a major boost today from a bunch of strong earnings reports from companies such as Caterpillar (CAT) and General Motors (GM). The S&P 500 rose 1.24%, the Nasdaq gained 1.6% and the Dow ended up 1.32%. Airline stocks fared well today as both Southwest (LUV) and United Continental (UAL) came …
Markets Break 4-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets fell from their 4-day winning streak today as the S&P 500 gave back 0.74%, the Dow dropped 0.93% and the Nasdaq declined 0.83%. The Dow is now officially back in the red for the year. Despite the slide today, the market remains in better shape than it was a week earlier, …