View From The Hill: May-19-2016

Posted on Posted in Views From The Hill

Market Condition Analysis

 

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The breakdown in equities across the board continues as almost all of the ETFs in our capital markets summary universe are trading below their 50-day moving averages and violating support at the 200-day moving averages as well.  One of the few exceptions has been the Energy sector (XLE) and Commodity based US Oil Fund (USO).  Bonds are not providing any solid returns either, but are adding value as portfolio stabilizers due to their low volatility. Speaking of volatility, not even the VIX (VXX) has been generous in this trading environment. No further comments as we sign off…

 

(Please see our ETF asset class performance summary below)

ETF Capital Markets Perfomance Summary

 

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