[Chart courtesy of MarketWatch.com] U.S. equities were broadly lower, as lawmakers on Capitol Hill continued to quarrel about spending issues with today’s midnight deadline to avoid a partial government shutdown, which is now quickly approaching. Moreover, Italian political turmoil and a disappointing manufacturing activity read from China exacerbated sentiment. Meanwhile, Treasuries were higher following stronger-than-expected reads on domestic regional manufacturing …
ETFs/Mutual Funds On The Cutline – Updated Through 9/27/2013
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 315 (last week 322) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: Citigroup C-Tracks Miller/Howard MLP ETN (MLPC)
C-Tracks, the exchange-traded notes subsidiary of Citigroup Inc., expanded its offering by launching an ETN product tied to an index of energy master-limited partnerships, an increasingly crowded category that makes up more than a third of total ETN assets in the US and is currently dominated by the $6.9 billion Alerian MLP (AMLP). The JP Morgan Alerian MLP Index ETN …
ETF/No Load Fund Tracker Newsletter For Friday, September 27, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09262013/ ———————————————————— Market Commentary Friday, September 27, 2013 UNSOLVED GOVERNMENT SHUT DOWN SINKS STOCKS Domestic equity markets closed the trading session in the red on Friday, and the S&P 500 and Dow posted their first weekly drop in four, as sentiment continued to remain hamstrung …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 09/26/2013
ETF/Mutual Fund Data updated through Thursday, September 26, 2013 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 The Domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Losing Streak Comes To A Halt
[Chart courtesy of MarketWatch.com] U.S. equities closed the trading day higher, halting the longest slump this year for the Standard & Poor’s 500 Index, as investors welcomed a better-than-expected jobless report, which overshadowed concern that a budget impasse could hurt economic growth. Meanwhile, Treasuries were mostly lower following the upbeat employment data, which was accompanied by an unrevised 2.5% rate …