[Chart courtesy of MarketWatch.com] One uncertainty factor was removed from the markets today as prospective Fed Chairman Summers called it quits before a two-day Fed meeting scheduled to start tomorrow. The markets took this as a positive, and the rally was on. The Dow and S&P 500 gave back some of their early gains but managed to close solidly on …
ETFs/Mutual Funds On The Cutline – Updated Through 9/13/2013
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 310 (last week 297) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Global X Next Emerging & Frontier ETF (EMFM)
Global X, the NY-based issuer of exchange-traded products famous for its niche offerings in international, income and commodity funds, is set to extend its reach in the developing markets with a pure-play equity strategy that combines both frontier and emerging markets. After the recent broad pullback in the emerging markets, ETF sponsors are obviously having a relook at their developing-market …
ETF/No Load Fund Tracker Newsletter For Friday, September 13, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09122013/ ———————————————————— Market Commentary Friday, September 13, 2013 MAJOR INDEX ETFs END THE WEEK HIGHER ON NEGATIVE DATA Domestic equity markets ended in positive territory and the Dow registered its best weekly gain since January, despite lackluster reads on U.S. consumer sentiment and retail sales, …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 09/12/2013
ETF/Mutual Fund Data updated through Thursday, September 12, 2013 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 The Domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Green Streak Comes To An End
[Chart courtesy of MarketWatch.com] The U.S. Federal Reserve was back in the spotlight again as traders worried that the Fed would begin to scale back its monetary stimulus when it meets on Tuesday and Wednesday next week. U.S. equity averages fell, halting a seven-day win streak for the Standard & Poor’s 500 Index as materials producers slid amid growing concern …