ETF/Mutual Fund Data updated through Thursday, June 12, 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. …
Markets Continue Pulling Back; Tesla To Offer Up Its Proprietary Technology
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Losses continued across the markets today, reeling from Wednesday’s downturn after the World Bank lowered its outlook for global economic growth. The Dow fell by over 100 points today, and the Nasdaq and S&P 500 dropped over 0.7% With the domestic markets trending lower, the dollar also fell for a second day …
No Warm Fuzzies From The World Bank
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. markets slid back into negative territory today as a response to the World Bank announcing its reduction of the global growth forecast from 3.2 to 2.8%. The selloff was broad, as every S&P 500 sector index (except energy) declined for the day. The World Bank has clarified that the looming …
A Calm Tuesday For The Markets; More Bad News From Radioshack
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks moved in both directions today with the Dow closing in positive territory while the S&P 500 finished just inside the red zone. The stock market has been on a slow and steady climb since April, and in recent weeks has been pushed by a number of encouraging economic reports. At present, …
I Would Like To Buy Three ‘As’ Please. Sorry, Better Luck Next Time
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets stayed in the green zone after a minimal amount of economic news to trade on and no major M&A announcements. All major indexes showed small gains for the day. There was a decent amount of news in the tech world today. Internet domain registration company GoDaddy finally pulled the trigger …
ETFs/Mutual Funds On The Cutline – Updated Through 06/06/2014
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 384 (last week 362) are hovering in bullish territory. The second report includes only …