ETF/Mutual Fund Data updated through Wednesday, December 24, 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 10/22/2014 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a “Sell” for this arena effective 10/14/2014, …
Dow Ekes Out Gain
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was nice start to a continuation of the current upward momentum but, while the S&P 500 fell back later on, the Dow managed its 37th record close of 2014. It was a Holiday shortened session on extreme light volume, so not much should be read into today’s action. Helping the indexes …
Dow Conquers 18,000 For The First Time
[Chart courtesy of MarketWatch.com] 1.Moving the Markets Markets continued their rally today following news reports of continued economic growth and the strongest consumer sentiment we have seen since 2007. The government released numbers today that showed GDP expanded at a seasonally adjusted annual rate of 5% for the three months ended September 30th. The S&P 500 gained 0.2%, the Dow …
Upward Bias Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Despite a slow start, the major indexes picked up steam during mid-day with the Dow and S&P 500 closing at record levels—again. The theme that the Fed won’t be raising rates at anytime soon proved to be the driver for today’s session. This was the fourth straight day of gains, since Fed …
ETF/No Load Fund Tracker Newsletter For December 19, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12182014/ ———————————————————— Market Commentary Friday, December 19, 2014 MARKETS IN RALLY MODE; EARLY DECEMBER LOSSES ARE RECOUPED [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above 5-day chart tells the story. A sloppy beginning was followed by a strong rebound as …
Markets Roar Higher Marking Best Day Since November 2011
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street was on fire for a second straight day today as investors remained exuberant about news of continued low interest rates and low oil prices. The Dow gained 421 points today (+2.43%), marking a gain of almost 600 points in the past two trading sessions. The S&P added 2.4% and the …