ETF/Mutual Fund Data updated through Thursday, February 20, 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 10/25/2011 Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a Sell for this area effective 8/9/2011. …
U.S. Manufacturing Keeps Growing; Tesla Continues To Zoom
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Overall, domestic and global markets performed well today. Here in the U.S., the S&P 500 climbed 0.6%, the Dow gained 0.7% and the Nasdaq composite rose 0.5%. A survey (from Markit) came in today that showed U.S. manufacturing expanded at the fastest pace in almost four years, which boosted investor confidence in …
Not A ‘Fed Minute’ Too Soon
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The ‘Fed Minutes’ were perhaps the biggest headline and market mover today. Recent economic data has been disappointing, particularly in the job and housing markets, which has raised questions about the Fed’s future tapering plans. Some of the sluggishness appears to be due to the snowy weather across the country, but despite …
Nasdaq Is Streaking Again; Cold Weather Still Drawing Bulls To Gas And Oil
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks edged a bit higher today. The Dow lagged the other leading indexes, weighed down by Coca-Cola (KO) after reporting weak Q4 results; the Nasdaq, however, rose to 13-year highs amid an eighth straight session gain, which it has not experienced since July 2013. Tesla Motors Inc (TSLA) hit an all-time high …
ETFs/Mutual Funds On The Cutline – Updated Through 02/14/2014
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 398 ETFs, of which currently 357 (last week 318) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: The Market May See A 60 Percent Decline If It Unravels
In early part of October, on October 9 to be precise, the stock market made its low as predicted by Demark Analytics, just as it had done in 1929, said Thomas Demark of Demark Analytics. The market was expected to rally 12.6 percent, identical to the rally in 1929, he added. Asked if the markets were heading for a crash …