ETF/Mutual Fund Data updated through Thursday, April 10, 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. …
US Equities Get Spanked; AKA When Good News Is Bad News
[Chart courtesy of MarketWatch.com] 1. Moving The Markets What a difference a day makes. After the markets fell in love with yesterday’s Fed minutes, which caused a nice rebound rally, today it was back to reality as the major indexes reversed affected by the same suspects during the last sell off, namely technology and biotech sectors with IBB losing 5.61%. …
Markets React Well To Fed Minutes; Biotech Back In Focus
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Major U.S. indexes rose broadly Wednesday, helped by a report out of the nation’s central bank that showed Fed policymakers want to be absolutely certain the U.S. economy had recovered before starting to raise interest rates. Feeling at ease that the Fed won’t raise rates until sometime next year, investors seemed to …
Volatility Remains But Markets Snap Back
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks rose today, snapping a three-day losing streak as investors smiled upon social media and tech shares. Being its volatile self, the S&P is now back in positive territory for the year. Tuesday’s advance followed the S&P 500’s biggest three-day retreat since late January and the Nasdaq’s steepest three-day drop since …
Equities Selloff Continues…
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Today officially marks the first day that all three major indexes (S&P, Dow and Nasdaq) are negative year to date. The Nasdaq continued its decline (which began last Thursday) and is now down a combined 4.6% over the three day period. The S&P 500 and Dow Jones both finished down more than …
ETFs/Mutual Funds On The Cutline – Updated Through 04/04/2014
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 367 (last week 364) are hovering in bullish territory. The second report includes only …