[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were back in full swing, as the Dow surged 175 points and the Nasdaq hit a 14-year high. The S&P 500 gained 0.9%, the Dow climbed 1.1% and the Nasdaq gained 1%, which marked a fourth straight session of gains. The buzz around the networks attributed bullish sentiment today on the …
ETFs/Mutual Funds On The Cutline – Updated Through 08/15/2014
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 398 ETFs, of which currently 325 (last week 297) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Market Vectors China-AMC SME-Chinext ETF (CNXT)
Market Vectors, the NY-based exchange-traded fund issuing arm of Van Eck Global, added another China-focused fund to its kitty with the launch of the Market Vectors China-AMC SME-ChiNext ETF (CNXT). The new fund aims to give direct exposure in China A-shares through the sub-advisor’s RQFII (Renminbi Qualified Foreign Institutional Investor) quota. A-shares are companies incorporated in China and trade on …
ETF/No Load Fund Tracker Newsletter For August 15, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08142014/ ———————————————————— Market Commentary Friday, August 15, 2014 EQUITIES MOVE HIGHER FOR SECOND CONSECUTIVE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. equity markets continued to recover from last week’s lows, moving higher for the second consecutive week. Solid corporate earnings results …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 08/14/2014
ETF/Mutual Fund Data updated through Thursday, August 14, 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 10/25/2011 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a Sell for this area effective 8/9/2011. …
Lessening Of Ukraine Concerns Drives Equities
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Comments from Russia, which were interpreted as conciliatory, turned into an assist for the markets despite some less than inspiring earnings reports. All the major indexes gained with only slight pullbacks throughout the day, as the chart above shows. 9 of the S&Ps sector indexes rose, with healthcare taking top billing while …