With Europe capturing most of the attention, although negatively, it’s no surprise that this area dominates the Laggards column. With the Swiss attempting to peg their Francs (FXF) to the Euro, they took the top spot on the downside with a loss of -10.66%. Currency interventions rarely last for any length of time before they resume their natural trend. Time …
ETF/No Load Fund Tracker Newsletter For Friday, September 9, 2011
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2011/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-9082011/ ———————————————————— Market Commentary Friday, September 9, 2011 ANOTHER ETF ROLLER COASTER RIDE Equity ETFs were handed a sharp loss today amid rumors that Greek might default over the weekend (no surprise here) and that an ECB high level official resigned among rumors of disagreement …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 9/08/2011
ETF/Mutual Fund Data updated through Thursday, September 8, 2011 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: SELL — since 8/9/2011 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 TTI …
Fed Chief Disappoints – Major Market ETFs Slide
Yesterday’s rally ran into resistance, as an early bounce turned into an afternoon fade disappointing those that had hoped for more follow through to the upside. Fed Chief Bernanke’s speech sent the markets lower, as he offered no tangible details as to the assist he could provide in boosting the economy. Wall Street’s high expectations simply turned into disappointment. Unless, …
High Volume ETFs On The Cutline – Updated Through 9/7/2011
Despite yesterday’s strong rebound, the S&P 500 is still down by -1.64% from last week’s HV Cutline report. This is reflected by the number of ETFs above the trend line, which have dropped to 14 (last week 16), while 74 ETFs hover below it, which means they’re still stuck in bear market territory. To repeat, the High Volume ETF Cutline …
A Relief Rally For Equity ETFs
After 3 days of relentless selling, which caused the S&P 500 to lose -4.43%, it was time for a relief rally or possibly a dead cat bounce. The index managed to make up some of the recent losses by gaining +2.86% on the day as the chart, courtesy of MarketWatch.com, shows. There were several supporting actors lending an assist as …