ETF/No Load Fund Tracker Newsletter For August 14, 2015

ETF/No Load Fund Tracker StatSheet




Market Commentary


Fri pic

[Chart courtesy of]

1. Moving the Markets

U.S. equities closed higher today to round out a week filled with volatility. The major indexes hit session highs less than an hour ahead of the closing bell as news about the euro zone confirmed it agreed to launch a new bailout program for Greece. The S&P 500 managed to eke out a decent gain for the past 5 sessions.

The big news this week was, of course, the shock waves caused by China devaluing its currency. The government announced that they devalued the country’s currency (the yuan or renminbi) by over 3% against the USD, taking global markets by surprise. Trying to stimulate the slowing Chinese economy has been at the forefront of the government’s focus of late. Hope runs high that the currency move will increase demand for Chinese goods abroad, however, the devalued currency will make imports to the country more expensive and hurt U.S. companies’ business.

In economic news, data showed factory production beat economists’ expectations, and that wholesale prices increased at a greater-than-expected rate. Traders were also digesting other incoming economic data, including a bigger-than-expected jump in inflation at the producer level in July, which again has Wall Street worried about an interest rate hike from the Federal Reserve as early as next month. July industrial production data came in stronger than expected, as well, rising 0.6%

All of our 10 ETFs in the Spotlight were able to close higher today as the markets found new upward momentum. Leading the pack was the Mid-Cap Value (IWS) with +0.55%; the laggard was Consumer Discretionaries (XLY) with +0.06%.

2. ETFs in the Spotlight

In case you missed the announcement and description of this section, you can read it here again.

It features 10 broadly diversified ETFs from my HighVolume list as posted every Monday. Furthermore, they are screened for the lowest MaxDD% number meaning they have been showing better resistance to temporary sell offs than all others over the past year.

Here are the 10 candidates:


The above table simply demonstrates the magnitude with which some of the ETFs are fluctuating in regards to their positions above or below their respective individual trend lines (%M/A). A break below, represented by a negative number, shows weakness, while a break above, represented by a positive percentage, shows strength.

For hundreds of ETF/Mutual fund choices, be sure to reference Thursday’s StatSheet.

Year to date, here’s how the above candidates have fared so far:


Again, the first table above shows the position of the various ETFs in relation to their respective long term trend lines (%M/A), while the second one tracks their trailing sell stops in the “Off High” column. The “Action” column will signal a “Sell” once the -7.5% point has been taken out in the “Off High” column.

3. Trend Tracking Indexes (TTIs)

Our Trend Tracking Indexes (TTIs) retreated this week with the International one slipping below its long-term trend line. However, as I mentioned yesterday, this slight break is not sufficient enough to call an end to this Buy cycle.

Domestic TTI: +0.64% (last Friday +1.47%)—Buy signal effective 10/22/2014

International TTI: -0.16% (last Friday +1.25%)—Buy signal effective 2/13/2015

Have a nice weekend.


Disclosure: I am obliged to inform you that I, as well as advisory clients of mine, own some of these listed ETFs. Furthermore, they do not represent a specific investment recommendation for you, they merely show which ETFs from the universe I track are falling within the guidelines specified.



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About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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