[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors pushed markets higher as biotech shares helped counter somewhat disappointing retail sales numbers. The Commerce Department shared with us today that U.S. retail sales stalled during the month of July, which was the weakest numbers we have seen thus far in 2014. Amazingly, the major indexes rallied, as the chart above …
Favorable Jobs Report Just Couldn’t Cut The Mustard Today
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes here in the U.S. ended lower today, despite a favorable jobs report from the Labor Dept that showed job openings are at their highest level since February of 2001. The S&P 500 dropped 0.15%, the Dow finished down 0.05% and the Nasdaq slipped 0.28%. For all you lovers of …
Stocks Edge Higher Amidst Easing Ukraine Tensions And Demand For Ebola Cure
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets closed higher, driven higher by a bit calmer geopolitical tensions abroad, as well as favorable comments from the Fed. The S&P 500 gained 0.3%, the Dow rose 0.10% and the Nasdaq ended the day up 0.7%. Consumer staples and technology were the leaders in the S&P 500, and another interesting …
ETFs/Mutual Funds On The Cutline – Updated Through 08/08/2014
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 297 (last week 297) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: First Trust Dorsey Wright International Focus 5 ETF (IFV)
First Trust, a leading US provider of exchange-traded products, recently launched the international version of the popular First Trust Dorsey Wright Focus 5 Fund (FV), which has already amassed more than $350 million in assets since its debut in early March. The First Trust Dorsey Wright International Focus 5 ETF (IFV) is the latest example of the “smart beta” trend …
ETF/No Load Fund Tracker Newsletter For August 8, 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-08072014/ ———————————————————— Market Commentary Friday, August 8, 2014 BULLS BACK ON TRACK TO END FIRST WEEK OF AUGUST [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended higher today and closed out the first week of August on a strong note. This comes …