ETF/No Load Fund Tracker Newsletter For December 4, 2015

ETF/No Load Fund Tracker StatSheet

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THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS:

http://www.theetfbully.com/2015/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12032015/

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Market Commentary

MARKETS PLOW HIGHER HEADING INTO SECOND WEEK OF DECEMBER

Fri pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

This week ended with a huge gain across the board. All major indexes gained more than 2% Friday to round out a very volatile week as the chart shows. December has traditionally been a favorable month for the stock market, and today’s gains show signs that the present could align with the past.

Earlier this week, I mentioned that investors would be awaiting Friday’s jobs report. Well, the numbers came in for November and they were impressive to say the least. The economy added 211,000 jobs in November, topping expectations of 200,000 and reaffirming the strength of the U.S. labor market and the economy. Also, the nation’s unemployment rate remained unchanged at 5%, which was in line with expectations.

The strong jobs growth adds even more reaffirmation that the Fed will hike interest rates later this month. But, one can never be certain in regards to how or when they will make a move.

There was no major news in the world of M&A today, apart from the fact that there is still speculation that Yahoo (YHOO) may be bought out sometime in 2016.

The price of U.S. Crude Oil fell slightly, but remains around $40 a barrel and there is no imminent sign that it will increase before 2016.

All of our 10 ETFs in the Spotlight participated in today’s snap rebound and closed higher. Sporting the best gain was Healthcare (XLV) with +2.35% while the Mid-Cap Value (IWS) lagged with +1.37%.

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:

MaxDD

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:

YTD

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 Domestic Trend Tracking Index (TTI) did an about face from yesterday as today’s rally pushed the indicator back to the bullish side of its trend line. Since we’ve followed the trend line dance for the past few weeks, we will again wait for a stronger piercing of the line along with some staying power before considering this a new “Buy” cycle.

This week, we ended up as follows:

Domestic TTI: +0.61% (last Friday +0.75%)—Sell signal effective 11/13/2015

International TTI: -2.95% (last Friday -2.89%)—Sell signal effective 8/21/2015

Have a great weekend.

Ulli…

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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READER Q & A FOR THE WEEK

All Reader Q & A’s are listed at our web site!
Check it out at:

http://www.theetfbully.com/questions-answers/

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WOULD YOU LIKE TO HAVE YOUR INVESTMENTS PROFESSIONALLY MANAGED?

Do you have the time to follow our investment plans yourself? If you are a busy professional who would like to have his portfolio managed using our methodology, please contact me directly or get more details at:

http://www.theetfbully.com/personal-investment-management/

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Back issues of the ETF/No Load Fund Tracker are available on the web at:

http://www.theetfbully.com/newsletter-archives/

About Ulli Niemann

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