ETF/Mutual Fund Data updated through Thursday, October 24, 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 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. …
Index ETFs Back On Track As Fears Of Tapering Recede
[Chart courtesy of MarketWatch.com] Domestic equity ETFs closed the trading session nicely higher, putting the Standard & Poor’s 500 Index three points from a record, in the wake of a stronger-than-forecasted read on Chinese manufacturing activity and as another plethora of earnings reports flooded the Street. Treasuries were slightly lower following a report that showed initial weekly jobless claims came …
China And CAT Take Down Bulls
[Chart courtesy of MarketWatch.com] Following four-straight sessions of record highs for the S&P 500, domestic equities finished the session in negative territory on Wednesday as shares of heavy-equipment maker Caterpillar and semiconductor companies tumbled after they reported earnings. Moreover, Chinese liquidity and banking concerns along with uncertain domestic earnings reports weighed on sentiment. Meanwhile, Treasuries were mixed following reports that …
7 ETF Model Portfolios You Can Use – Updated through 10/22/2013
Upward momentum shifted into overdrive based on the mere fact that the U.S. government is no longer shut down. Never mind that none of the real issues were resolved—the proverbial can has been merely kicked down the road again. It did not matter to the markets, which simply took off with the S&P 500 gaining some 3.4% since last week’s …
Ignoring Weakness In Jobs Data
[Chart courtesy of MarketWatch.com] U.S. equities finished higher, despite a softer-than-forecasted U.S. September nonfarm payroll report. The data may have solidified expectations that the Federal Reserve may hold off on tapering its asset purchases until signs of a healthy economy become more lucid. Speculation pushed the annual advance in the Standard & Poor’s 500 Index within a percentage point of …
Earnings In Focus Ahead Of Jobs Data
[Chart courtesy of MarketWatch.com] U.S. equities finished mixed and near the flatline in a choppy session, as investors await a week chock full of earnings and economic data, headlined by tomorrow’s release of the September nonfarm payroll report. Meanwhile, the Dow was pressured by McDonald’s disappointing same-store sales and lackluster guidance which overshadowed its better-than-expected 3Q earnings. In other equity …