ETF/Mutual Fund Data updated through Thursday, August 7, 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. …
Those Pesky Worldwide Conflicts Just Won’t Go Away; International TTI Slips Below Its Trend Line
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks tumbled as investors continued to worry about rising global tensions, despite adjacent reports of an improving U.S. economy. All major indexes dropped about 0.5%. Many headlines today featured the fact that the Dow is at its lowest level since May 20. Eight of the 10 industry sectors in the S&P 500 …
Investors Remain Idle Amidst International Issues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors remained largely on the sidelines today, with sell-offs occurring throughout the markets in general. The S&P 500 barely gained 0.01%, the Nasdaq rose 0.05% and the Dow squeezed out a 0.08% gain. Time Warner (TMX) reported Wednesday that its second quarter net income rose 10% to $850 million as the robust …
International Tensions Push Equities Lower; International TTI Close To A Sell
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed lower with all 10 S&P 500 sectors losing. Energy was the biggest S&P 500 loser on the day, dropping 2.1%. Ukraine tensions were mostly to blame throughout headlines, as we heard today that Russian troops were massing near the Ukraine border. Groupon Inc. (GRPN) fell 16% in after-hours trading. The …
Equities Attempt To Recover; New Macbook Pros Anyone?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks recovered a bit from some of the losses that were suffered last week. Investors were encouraged by positive corporate earnings announcements, including Berkshire Hathaway (BERK). The S&P 500 posted a 0.72% gain, the Dow rose 0.46% and the Nasdaq also added a 0.72% gain on the day. In tech news, Apple …
New ETFs On The Block: Calamos Focus Growth ETF (CFGE)
Calamos Investments, the Naperville, Chicago-based $25.3 billion investment manager better known for its line-up of mutual funds, forayed into the ETF world with the introduction of the Calamos Focus Growth ETF (CFGE) in an attempt to leverage its stock-picking skills. The Calamos Focus Growth Mutual Fund, which is nearly 11 years old and manages $74 million in assets, returned more …