ETF/Mutual Fund Data updated through Thursday, January 2, 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. …
First Day Of Trading Seems Sour, Economy Looks Sweeter
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stock indexes posted their largest decline in three weeks on the first trading day of 2014, after the benchmark S&P 500 finished its best year since 1997. Oil and gas producers were among the hardest hit following a 3% drop in oil prices to under $96 a barrel as Libya prepares to …
Closing The Year On A High Note
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 along with the Dow Industrials kept its upward momentum intact during this last trading day by closing out this year at new record levels. As it stands, the Fed’s decision earlier this month to start tapering was taken as a positive, which helped the indexes to keep the rally …
Investors Optimistic As We Head Into 2014
[Chart courtesy of MarketWatch.com] 1. Moving The Markets After years, in which financial markets lurched from the debt crisis in Europe to U.S. political deadlock, investors are generally becoming more upbeat on the global economic outlook. However, U.S. equity indices closed flat on Monday as light trading heading into the New Year holiday left many market participants on the sidelines …
ETFs/Mutual Funds On The Cutline – Updated Through 12/27/2013
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 331 (last week 304) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Cambria Foreign Shareholder Yield ETF (FYLD)
Cambria Investment Management, a California-based upstart investment adviser, has launched its third exchange-traded fund in an effort to expand the firm’s portfolio of the so-called “shareholder yield” products. The Cambria Foreign Shareholder Yield ETD (FYLD) is the global equivalent of a newly minted, but fairly successful domestic predecessor – the Cambria Shareholder Yield ETF (SYLD), which has already attracted more …