[Chart courtesy of MarketWatch.com] 1. Moving The Markets Apparently, investors and traders across the board were well rested when the markets re-opened today, because the major indexes roared all day and the S&P 500 advanced to close at a record high for the second trading day. The Dow gained 0.42% and the Nasdaq rose 1.22% on the day. The large …
ETFs/Mutual Funds On The Cutline – Updated Through 05/23/2014
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 359 (last week 338) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: iShares Qatar (QAT) And United Arab Emirates ETFs (UAE)
The Middle East has often been ignored by exchange traded fund issuers of the world though the region gained in economic prominence with the surfacing of the so-called Frontier Markets. Among the frontier markets, Qatar and United Arab Emirates have been outperforming, and the international investor community was quick to recognize their emergence. Also, Qatar’s winning the hosting rights of …
ETF/No Load Fund Tracker Newsletter For May 23, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05222014/ ———————————————————— Market Commentary Friday, May 23, 2014 S&P REACHES NEW HEIGHTS HEADING INTO HOLIDAY WEEKEND [Chart courtesy of MarketWatch.com] 1. Moving The Markets The benchmark S&P 500 set a new closing high today, settling above the 1,900 mark for the first time. U.S. stocks …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/22/2014
ETF/Mutual Fund Data updated through Thursday, May 22, 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. …
Biotech Gives Pop To Nasdaq; New Data On China’s Manufacturing
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The stock market opened full steam ahead on Thursday and showed no signs of a pullback. The Nasdaq led index gains today up 0.55%, while the S&P rose 0.21% and the Dow squeezed out a 0.06% increase. The Nasdaq was propelled upwards today by a surge in biotech stocks. The Nasdaq biotech …