ETF/Mutual Fund Data updated through Thursday, December 11, 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, …
A Pump And Dump Kind Of Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As the chart above clearly shows, the major indexes went off to races right at the opening as upbeat, although severely seasonally adjusted, retail sales figures lead the way to a sharp rebound rally overcoming yesterday’s bearish tendencies. Hope for a strengthening economy based on optimism that the consumer had not died …
The Worst Day In Stocks Since Early October; And A Burger To Go With It
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took a beating today. The S&P 500, Dow and Nasdaq all dropped more than 1.5%, and marked the third straight day of losses on Wall Street. The dominant financial story remains oil, as the price of crude plunged again after the Organization of Petroleum Exporting Countries (OPEC) slashed its estimate of …
Dow And S&P Close In The Red For Second Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a bit of a quiet day in regards to market moving news. Stocks were steady early in the day, but fizzled later and, despite a tremendous rebound, the S&P 500 and Dow both closed in the red. The Nasdaq was the only major index that inched up, driven higher by …
A Sluggish Start To The Second Week Of December
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks dropped on Monday with the Dow stumbling more than 100 points. The S&P 500 retreated more than 0.8% and the Nasdaq gave back more than 0.7%. Falling oil prices were the culprit that dragged down the energy sector. U.S. crude fell more than 4% to close the day at $63.05 …
ETFs/Mutual Funds On The Cutline – Updated Through 12/05/2014
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 264 (last week 278) are hovering in bullish territory. The second report includes only …