[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks rebounded today after a shaky start this morning. All three major indexes finished in positive territory, with the Nasdaq leading the way up as the chart above shows. Earnings season is winding down, but Target (TGT) announced today that their CEO, Gregg Steinhafel, has resigned from the position effective immediately and …
ETFs/Mutual Funds On The Cutline – Updated Through 05/02/2014
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 360 (last week 351) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Powershares Variable Rate Preferred Portfolio ETF (VRP)
PowerShares, the exchange-traded fund unit of Invesco and the fourth-largest sponsor of ETFs in the US, launched the PowerShares Variable Rate Preferred Portfolio ETF (VRP) on May 1. The fund is US’s first variable rate preferred stock ETF product. Preferred stocks have been the toast of institutional investors due to their potential for price appreciation and impressive dividend yields. Yet …
ETF/No Load Fund Tracker Newsletter For May 2, 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-05012014/ ———————————————————— Market Commentary Friday, May 2, 2014 MARKETS UP OVERALL FOR THE WEEK ON STRONG JOBS DATA [Chart courtesy of MarketWatch.com] 1. Moving The Markets While markets slid a bit today, all three major indexes posted gains for the week as the 5-day chart …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 05/01/2014
ETF/Mutual Fund Data updated through Thursday, May 1, 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 Mixed As Investors Await Jobs Report On Friday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 ended nearly flat on Thursday as investors anxiously await Friday’s jobs report, though some gains in Internet shares helped lift the Nasdaq to positive territory late in the day. The anticipated (April) jobs report, which is expected to show that U.S. employment rose at its fastest pace in five …