ETF Tracker Newsletter For September 2, 2016

ETF Tracker StatSheet



Market Commentary


Fri pic

[Chart courtesy of]

1. Moving the Markets

U.S. stocks ended higher Friday as traders examined a critical monthly report on job growth that could carry implications for Federal Reserve policy. The anticipated jobs report was particularly crucial because the Fed is closely examining economic data for guidance as it sets interest-rate policy.

The report estimated August growth of 151,000 jobs and the unemployment rate flat at 4.9%. On average, economists surveyed by Bloomberg were projecting growth of about 180,000 jobs in August and an unemployment rate of 4.8%. The top leader in jobs creation was Education and Health with 39,000 closely followed by Minimum wage food services and drinking places adding 34,000. Leading up to today’s jobs report were the worst 2 weeks for US Macro data in 6 months making a mockery of the alleged recovery and confirming that, other than saving face, there is no reason for the Fed to consider an interest rate hike.

In the world of smart phone tech, Samsung announced that it is going to have to recall 2.5 million units of its recently released Galaxy Note 7 smart phone. The announcement came after discovering batteries of some phones exploded while they were charging. While this incident may be a temporary headline, the company feels confident that its brand name will continue selling strong moving forward.

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 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) headed higher with the major indexes eking out a small gain for the week. Helping was today’s weaker than expected jobs report, which boosted hopes that an interest rate hike may have been postponed till December.

Here’s how we closed 9/2/2016:

Domestic TTI: +2.92% (last Friday +2.71%)—Buy signal effective 4/4/2016

International TTI: +5.39% (last Friday +4.27%)—Buy signal effective 7/19/2016

Have a great weekend.


Disclosure: I am obliged to inform you that I, as well as my advisory clients, own some of the ETFs listed in the above table. 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.



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



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:


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

About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
This entry was posted in ETF Tracker and tagged , , , , , . Bookmark the permalink.

Comments are closed.