ETFs/Mutual Funds On The Cutline

ETFs/Mutual Funds On The CutlineGold Silver Reports ~ 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.

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Dow Jones Industrial Average Index Remains One of The Most Popular

Dow Jones Industrial Average Index Remains One of The Most PopularGold Silver Reports ~ Amid heightened market volatility and slumping Treasury yields, many investors have started to believe lower rates will linger for a bit longer, meaning dividend plays could make hay for an extended period while the Fed falters. Such a scenario may look ideal for a strategically timed new smart-beta product from Guggenheim Investments.

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ETF/No Load Fund Tracker

ETF/No Load Fund TrackerGold Silver Reports ~ You could call it a Black Friday as Wall Street was saturated in red and bleeding profusely with the S&P 500 dropping to its lowest since October and temporarily piercing that low but closing above it. If that level gets taken out, much lower prices are in the cards with some technicians seeing the next support level at about 1,750. For the first two trading weeks of the year, the S&P 500 has now surrendered almost 8%.

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Domestic Equity Mutual Funds/ETFs

Domestic Equity Mutual Funds/ETFsGold Silver Reports ~ Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) and finally generated a new “Buy” signal effective 11/3/15. The market subsequently dropped, and we exited again on 11/13/15. As of today, the TTI remains below its trend line by -3.01%, which means we are in cash on the sidelines.

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First Trust SSI Strategic Convertible Securities ETF (FCVT)

First Trust SSI Strategic Convertible Securities ETF (FCVT)Gold Silver Reports ~ While the debate among market participants rages about the frequency of rate increases in 2016, investors worried about capital protection may consider an industry first fixedincome product product since not all bonds would get hammered with the gradual normalization of interest rates.

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Rupee Bonds Cheaper Than Loans

Rupee Bonds Cheaper Than LoansGold Silver Reports >>> Rupee bond issuance will probably rise to a record this year as notes offer companies savings of as much as 1 percentage point over loans.

Offerings will range between 4 trillion rupees ($60 billion) and 4.5 trillion rupees in 2016, according to nine of 20 bankers surveyed by Bloomberg. Six respondents predicted even higher sales and five forecast lower. ONGC Mangalore Petrochemicals Ltd., a project by India’s biggest energy explorer, is planning a debut sale, while mortgage lender Housing Development Finance Corp. is looking to raise at least 5 billion rupees.

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