By any measure, market activity looked pretty ugly this morning, as the major market ETFs opened sharply to the downside in what appeared to be the Bernanke hangover. In addition, worries about domestic and global economies were supporting the plunge. However, the S&P 500’s 200-day moving average again proved to be a springboard, as buyers started to come in and …
High Volume ETFs On The Cutline – Updated Through 6/22/2011
With the markets having staged a rebound over the past few trading days, it’s no surprise that this strength positively affected some of the High Volume Major Market ETFs, however, on balance, when looking at the big picture, it was a mixed bag. To clarify, High Volume (HV) ETFs are defined as those with an average daily volume of $10 …
6 ETF Model Portfolios You Can Use – Updated through 6/21/2011
This week’s rebound helped 5 of our 6 ETF Model Portfolios to move higher, while the Income Portfolio (#5) retreated. That’s no surprise since its holdings were cut by 50% as two of the trailing sell stops were triggered during the recent slide. If momentum continues upward, I will re-instate these positions. This caused a changing of the guards in …
Mutual Funds On The Cutline – Updated as of 6/20/2011
Following our International Sell signal last week, more foreign mutual funds succumbed to selling pressure, despite yesterday’s bounce, and have slipped into bear market territory. Some of the big names from last week are: Fidelity International Diversified (FDIVX), which fell from +11 to below the -20 position, while the Vanguard International Stock Index (VGTSX) followed suit by moving from +10 …
ETFs On The Cutline – Updated through 6/17/2011
With the International Trend Tracking Index (TTI) having signaled a ‘Sell’ last Wednesday, can the domestic TTI be far behind? Judging by the action around the current ETF Cutline report, only a substantial rebound with legs may be able to stem the slide and reinstate upward momentum. Since the last report, several additional major indexes have slid below their long …
Last Week In Review: ETF News And Blog Posts
In case you missed it, here’s a summary of the topics that I posted to my blog during the week ending on 6/19/2011. Downward market momentum pushed our International Trend Tracking Index (TTI) below its long-term trend line into bear market territory generating a Sell for that area, as I posted last Wednesday. Will the Domestic TTI follow? While that …