[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 …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 08/07/2014
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 …