1 / 5 04/10/2016 USD ETFs 07/04/2017 Absolute Scoring & Ranking EQUITY-FIXED INCOME CURRENCY-COMMODITY Weekly Review www.trendandtiming.com
2/5 Weekly Report USD ETF EQUITIES EQUITY W-1 11-Aug-17 AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG W 18-Aug-17-3% 5,9 40,6-0,1 2,8 8,0 0,2-0,8 2,0 9,3 16,6 Equity: Greece - Total Market GREK.K Global X MSCI Greece ETF 1 1 reduce BULL 10,28-35% 18,0 43,4-1,3 10,7 22,4 0,1-3,2 9,8 33,9 43,9 Equity: Italy - Total Market EWI ishares MSCI Italy Capped ETF 2 2 BULL 29,69-45% 14,5 53,5 2,0 8,4 18,4 1,3 2,9 4,6 26,6 34,0 Equity: China - Total Market MCHI.O ishares MSCI China ETF 3 3 BULL 59,39 25% 13,2 53,2 2,9 10,7 18,3 1,8 2,6 11,4 22,5 26,8 Equity: Turkey - Total Market TUR.O ishares MSCI Turkey ETF 6 4 BULL 43,59-18% 11,7 50,8 1,0 8,9 16,3 1,0 0,3 7,9 25,7 21,4 Equity: Netherlands - Total Market EWN ishares MSCI Netherlands ETF 4 5 BULL 30,42-41% 10,1 42,7 1,4 6,2 14,9 0,2 0,3 3,2 19,6 24,9 Equity: Spain - Total Market EWP ishares MSCI Spain Capped ETF 5 6 reduce BULL 33,32-18% 9,6 38,6-0,7 3,6 13,6 0,4 0,1-0,1 22,5 22,5 Equity: Mexico - Total Market EWW ishares MSCI Mexico Capped ETF 11 7 BULL 56,22-4% 9,5 56,7 0,6 6,3 13,0 1,5-0,8 7,1 23,4 15,1 Equity: France - Total Market EWQ ishares MSCI France ETF 7 8 29,33 0% 8,8 44,2 0,0 4,0 12,1 0,5 0,0-0,2 18,0 22,8 Equity: Developed Europe - Total Market EZU ishares MSCI Eurozone ETF 8 9 BULL 41,35-20% 8,6 45,7 0,2 3,9 11,8 0,7 0,4 0,2 17,2 22,2 Equity: Emerging Markets - Total Market EEM ishares MSCI Emerging Markets ETF 14 10 BULL 43,30 3% 8,5 52,9 0,8 5,4 11,6 1,7 0,1 5,5 15,0 18,5 Equity: Developed Europe - Large Cap FEZ SPDR Euro STOXX 50 ETF 9 11 reduce BULL 39,29 2% 8,0 44,4-0,1 3,0 10,8 0,6 0,3-0,7 15,4 21,8 Equity: Germany - Total Market EWG ishares MSCI Germany ETF 16 12 neutral BULL 30,47-4% 6,5 48,2-0,7 1,7 8,6 0,8-0,1-1,2 11,3 19,2 Equity: U.S. - Large Cap QQQ.O PowerShares QQQ Trust 10 13 reduce BULL 141,33 17% 6,4 36,2-0,3 2,7 10,0-0,6-2,0 1,0 8,6 21,6 Equity: China - Large Cap FXI ishares MSCI Eurozone ETF 18 14 BULL 41,92 15% 6,1 44,3 0,9 5,2 9,1 0,5-0,1 6,1 10,0 13,2 Equity: Developed Europe - Large Cap IEV ishares Europe ETF 13 15 neutral BULL 44,81 97% 6,0 36,5-0,5 2,3 8,6 0,0-0,9-1,6 11,8 18,1 Equity: U.S. - Large Cap Growth IWF ishares Russell 1000 Growth ETF 12 16 reduce BULL 120,73-11% 5,7 36,7-0,3 2,5 8,4-0,4-1,5 1,9 6,9 19,3 Equity: Brazil - Total Market EWZ ishares MSCI Brazil Capped ETF 36 17 19 BULL 38,22 19% 5,6 63,9 4,3 4,5 6,8 2,7 5,3 10,9 3,4 7,0 Equity: Developed Markets Ex-U.S. - Total Market EFA ishares MSCI EAFE ETF 20 18 neutral BULL 66,01-6% 5,3 41,8-0,3 2,2 7,4 0,4-0,5-0,1 9,7 15,0 Equity: U.S. - Large Cap Growth VUG Vanguard Growth Index Fund 15 19 reduce BULL 128,48-23% 5,2 34,6-0,6 2,0 7,8-0,4-2,1 1,0 6,4 18,2 Equity: Developed Asia-Pacific Ex-Japan - Total Market EPP ishares MSCI Pacific ex-japan ETF 26 20 6 BULL 45,92-10% 4,9 50,9 0,9 2,6 6,5 0,9 0,7 3,4 6,2 12,5 Equity: Switzerland - Total Market EWL ishares MSCI Switzerland Capped ETF 17 21 neutral BULL 34,01-17% 4,6 31,6-1,2 1,3 7,4-0,3-2,6-2,7 9,2 16,5 Equity: U.S. Biotech IBB.O ishares NASDAQ Biotechnology ETF 19 22 reduce BULL 304,81-20% 4,1 30,2-3,2 1,2 5,2-0,8-6,4 4,4 2,3 17,4 Equity: U.S. - Large Cap VV Vanguard Large Cap Index Fund 21 23 reduce BULL 111,60-3% 3,8 29,6-0,8 1,0 5,5-0,6-1,7 0,9 2,7 15,2 Equity: Japan - Total Market EWJ ishares MSCI Japan ETF 29 24 5 BULL 54,21 7% 3,7 48,8 0,2 2,3 5,3 0,7 0,2 2,7 6,3 8,2 Equity: U.S. - Large Cap SPLV.K Powershares S&P 500 Low Volatility Portfolio 22 25 BULL 45,14-1% 3,7 38,7 0,1 1,7 5,4-0,2-0,4 1,4 3,4 12,7 Equity: U.S. - Large Cap IWB ishares Russell 1000 ETF 23 26 reduce BULL 135,12-14% 3,6 30,1-0,9 0,8 5,2-0,6-1,8 0,7 2,4 15,0 Equity: U.S. - Total Market IWV ishares Russell 3000 ETF 24 27 reduce BULL 143,46-8% 3,4 29,3-1,2 0,5 4,8-0,7-2,1 0,5 2,0 15,0 Equity: U.S. - Total Market VTI Vanguard Total Stock Market Index Fund 25 28 reduce BULL 124,42 5% 3,4 29,4-1,1 0,6 4,8-0,7-2,2 0,5 2,0 14,9 Equity: U.S. - Large Cap Value VTV Vanguard Value Index Fund 27 29 reduce BULL 96,49 7% 2,5 25,9-0,9 0,1 3,4-0,8-1,4 0,9-0,6 12,6 Equity: U.S. - Large Cap RSP Guggenheim S&P 500 Equal Weight ETF 28 30 neutral BULL 91,79 12% 2,5 26,4-1,6-0,2 3,5-0,8-2,9-0,1 0,5 13,2 Equity: Canada - Total Market EWC ishares MSCI Canada ETF 34 31 reduce BULL 27,22-1% 2,4 40,1-0,4 1,6 2,9 0,2-1,9 3,3 2,2 7,4 Equity: Russia - Total Market RSX VanEck Vectors Russia ETF 35 32 20,10-3% 2,4 63,7 1,7 0,3 0,9 1,5 1,3-1,3 0,4 8,9 Equity: U.K. - Total Market EWU ishares MSCI United Kingdom ETF 30 33 neutral BULL 33,28-33% 2,0 28,0-1,2-0,3 3,5-0,8-2,2-4,5 4,0 11,0 Equity: U.S. - Small Cap IWM ishares Russell 2000 ETF 33 34 134,93 18% 1,7 25,5-4,0-2,7 0,8-1,1-5,4-1,9-2,1 15,3 Equity: U.S. - Large Cap Value IWD ishares Russell 1000 Value ETF 31 35 114,53-13% 1,4 23,9-1,6-0,9 1,9-0,9-2,1-0,5-2,0 10,6 Equity: U.S. - High Dividend Yield DVY.O ishares Select Dividend ETF 32 36 90,89 2% 1,3 27,1-1,5-1,2 1,5-0,6-2,3-0,8-1,5 9,6 Equity: Global Gold Miners GDX VanEck Vectors Gold Miners ETF 37 37 23,03 5% -1,8 55,8 3,2 2,0-0,5-1,0 2,3-0,2 0,4-8,8 The EQUITY scoring is "NEUTRAL" between -2 and +2
3/5 Weekly Report FIXED INCOME-CURRENCY-COMMODITY FIXED INCOME W-1 11-Aug-17 AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG W 18-Aug-17-5% 0,1 56,4 0,2 0,6 0,4 0,1 0,0 0,2 0,8-0,6 Fixed Income: Emerging Markets - Sovereign EMB.O ishares JP Morgan USD Emerging Markets Bo 5 1 4 BULL 115,26 0% 0,8 62,9 0,4 0,7 1,3 0,5 0,2 0,1 1,8 1,3 Fixed Income: U.S. Government Treasury Long-Term TLT.O ishares 20+ Year Treasury Bond ETF 1 2 126,65-3% 0,7 64,3 1,4 2,9 1,5 0,2 0,7 2,8 4,0-3,4 Fixed Income: U.S. - Broad Market Investment GradeVanguarBND Vanguard Total Bond Market Index Fund 4 3 82,21 6% 0,1 60,0 0,4 0,8 0,5 0,0 0,1 0,5 1,1-1,0 Fixed Income: U.S. - Broad Market Investment Grade AGG ishares Core U.S. Aggregate Bond ETF 6 4 2 110,02 17% 0,1 60,2 0,4 0,8 0,5 0,1 0,0 0,5 1,1-1,0 Fixed Income: U.S. Government Treasury Intermediate IEF.O ishares 7-10 Year Treasury Bond ETF 3 5-2 107,55 1% 0,1 63,9 0,7 1,1 0,5 0,0 0,4 0,7 1,8-2,1 Fixed Income: U.S. Government Treasury Intermediate IEI.O ishares 3-7 Year Treasury Bond ETF 2 6-4 124,31-30% 0,1 62,7 0,4 0,6 0,4 0,0 0,2 0,3 1,0-1,0 Fixed Income: U.S. - Corporate High Yield HYG ishares iboxx $ High Yield Corporate Bond ET 10 7 3 87,34 6% 0,0 35,3-1,0-0,6 0,1 0,2-1,4-1,3-0,9 2,5 Fixed Income: U.S. Government Treasury Short-Term SHY.O ishares 1-3 Year Treasury Bond ETF 7 8 84,62-23% -0,1 58,0 0,1 0,1 0,0-0,1 0,0 0,0 0,1-0,3 Fixed Income: U.S. - Corporate High Yield JNK SPDR Barclays High Yield Bond ETF 11 9 2 36,78 8% -0,1 34,4-0,9-0,6 0,1 0,1-1,4-1,4-1,1 2,4 Fixed Income: U.S. Government Agency MBS MBB.O ishares MBS ETF 9 10 107,26-20% -0,3 62,7 0,3 0,5-0,1 0,1 0,2 0,0 0,5-1,9 Fixed Income: U.S. Government TIPS TIP ishares TIPS Bond ETF 8 11-3 reduce BEAR 113,96-17% -0,5 56,5 0,4 0,0-0,2-0,3 0,4-0,3-0,6-1,6 The FIXED INCOME scoring is "NEUTRAL" between -0,5 and +0,5 CURRENCY AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG 0% 1,5 49,2 0,5 2,3 2,6-0,5-0,2 1,7 5,1 1,4 Currency: Euro FXE CurrencyShares Euro Trust 1 1 BULL 113,31-11% 4,3 52,1 1,1 5,1 6,4-0,5 0,8 4,7 10,6 5,7 Currency: Pound Sterling FXB CurrencyShares British Pound Sterling Trust 2 2 neutral BULL 125,30 1% 1,4 30,4-0,9 0,7 1,4-1,1-1,0-0,7 3,5 4,9 Currency: Swiss Franc FXF CurrencyShares Swiss Franc Trust 3 3 98,47-12% 0,4 50,3 0,0 1,7 2,2-0,5-2,2 0,6 3,4 0,1 Currency: Japanese Yen FXY CurrencyShares Japanese Yen Trust 4 4 87,83 22% 0,1 64,2 1,8 1,8 0,3-0,1 1,7 2,2 2,7-5,1 The CURRENCY scoring is "NEUTRAL" between -1 and +1 COMMODITY AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG AVG -16% -2,3 51,4 0,2-1,8-3,8-0,6 1,9-2,7-6,3-4,3 Commodities: Precious Metals Gold GLD SPDR Gold Trust 1 1 122,49 20% 1,1 63,0 2,9 2,9 3,3-0,4 2,5 2,2 2,6-0,4 Commodities: Energy DBE PowerShares DB Energy Fund 4 2 2 11,76-87% -1,3 59,9 0,3-2,2-5,1 0,5 5,5-3,7-7,0-2,1 Commodities: Broad Market DJP ipath Bloomberg Commodity Index Total Ret 3 3 22,63-22% -1,7 51,2-0,4-1,4-3,1-0,5 0,4-1,6-5,7-1,7 Commodities: Precious Metals Silver SLV ishares Silver Trust 2 4-2 reduce BEAR 16,12 3% -2,9 59,2 3,5-0,2-2,0-0,4 3,2-1,1-7,3-7,5 Commodities: Energy Crude Oil USO United States Oil Fund LP 6 5 1 BEAR 9,62 0% -3,5 56,0-0,2-4,0-8,8-0,2 6,7-5,9-12,9-5,7 Commodities: Agriculture DBA PowerShares DB Agriculture Fund 5 6-1 BEAR 18,66-8% -5,8 18,9-5,1-5,7-7,0-2,8-7,3-5,9-7,6-8,2 The COMMODITY scoring is "NEUTRAL" between -2 and +2
4/5 T&T 58 USD ETFs sample EQUITY-FIXED INCOME-CURRENCY-COMMODITY 18/08/2017 SEGMENT RIC NAME SEGMENT RIC NAME Commodities: Agriculture DBA PowerShares DB Agriculture Fund Equity: Spain - Total Market EWP ishares MSCI Spain Capped ETF Commodities: Broad Market DJP ipath Bloomberg Commodity Index Total Return ETN Equity: Switzerland - Total Market EWL ishares MSCI Switzerland Capped ETF Commodities: Energy DBE PowerShares DB Energy Fund Equity: Turkey - Total Market TUR ishares MSCI Turkey ETF Commodities: Energy Crude Oil USO United States Oil Fund LP Equity: U.K. - Total Market EWU ishares MSCI United Kingdom ETF Commodities: Precious Metals Gold GLD SPDR Gold Trust Equity: U.S. - High Dividend Yield DVY ishares Select Dividend ETF Commodities: Precious Metals Silver SLV ishares Silver Trust Equity: U.S. - Large Cap RSP Guggenheim S&P 500 Equal Weight ETF Currency: Euro FXE CurrencyShares Euro Trust Equity: U.S. - Large Cap IWB ishares Russell 1000 ETF Currency: Japanese Yen FXY CurrencyShares Japanese Yen Trust Equity: U.S. - Large Cap QQQ.O PowerShares QQQ Trust Currency: Pound Sterling FXB CurrencyShares British Pound Sterling Trust Equity: U.S. - Large Cap SPLV.K Powershares S&P 500 Low Volatility Portfolio Currency: Swiss Franc FXF CurrencyShares Swiss Franc Trust Equity: U.S. - Large Cap VV Vanguard Large Cap Index Fund Equity: Brazil - Total Market EWZ ishares MSCI Brazil Capped ETF Equity: U.S. - Large Cap Growth IWF ishares Russell 1000 Growth ETF Equity: Canada - Total Market EWC ishares MSCI Canada ETF Equity: U.S. - Large Cap Growth VUG Vanguard Growth Index Fund Equity: China - Large Cap FXI ishares China Large-Cap ETF Equity: U.S. - Large Cap Value IWD ishares Russell 1000 Value ETF Equity: China - Total Market MCHI.O ishares MSCI China ETF Equity: U.S. - Large Cap Value VTV Vanguard Value Index Fund Equity: Developed Asia-Pacific Ex-Japan - Total Market EPP ishares MSCI Pacific ex-japan ETF Equity: U.S. - Small Cap IWM ishares Russell 2000 ETF Equity: Developed Europe - Large Cap IEV ishares Europe ETF Equity: U.S. - Total Market IWV ishares Russell 3000 ETF Equity: Developed Europe - Large Cap FEZ SPDR Euro STOXX 50 ETF Equity: U.S. - Total Market VTI Vanguard Total Stock Market Index Fund Equity: Developed Europe - Total Market EZU ishares MSCI Eurozone ETF Equity: U.S. Biotech IBB.O ishares NASDAQ Biotechnology ETF Equity: Developed Markets Ex-U.S. - Total Market EFA ishares MSCI EAFE ETF Fixed Income: Emerging Markets - Sovereign EMB ishares JP Morgan USD Emerging Markets Bond ETF Equity: Emerging Markets - Total Market EEM ishares MSCI Emerging Markets ETF Fixed Income: U.S. - Broad Market Investment Grade AGG ishares Core U.S. Aggregate Bond ETF Equity: France - Total Market EWQ ishares MSCI France ETF Fixed Income: U.S. - Broad Market Investment GradeVanguardBND Vanguard Total Bond Market Index Fund Equity: Germany - Total Market EWG ishares MSCI Germany ETF Fixed Income: U.S. - Corporate High Yield HYG ishares iboxx $ High Yield Corporate Bond ETF Equity: Global Gold Miners GDX VanEck Vectors Gold Miners ETF Fixed Income: U.S. - Corporate High Yield JNK SPDR Barclays High Yield Bond ETF Equity: Greece - Total Market GREK.K Global X MSCI Greece ETF Fixed Income: U.S. Government Agency MBS MBB ishares MBS ETF Equity: Italy - Total Market EWI ishares MSCI Italy Capped ETF Fixed Income: U.S. Government TIPS TIP ishares TIPS Bond ETF Equity: Japan - Total Market EWJ ishares MSCI Japan ETF Fixed Income: U.S. Government Treasury Intermediate IEI ishares 3-7 Year Treasury Bond ETF Equity: Mexico - Total Market EWW ishares MSCI Mexico Capped ETF Fixed Income: U.S. Government Treasury Intermediate IEF ishares 7-10 Year Treasury Bond ETF Equity: Netherlands - Total Market EWN ishares MSCI Netherlands ETF Fixed Income: U.S. Government Treasury Long-Term TLT.O ishares 20+ Year Treasury Bond ETF Equity: Russia - Total Market RSX VanEck Vectors Russia ETF Fixed Income: U.S. Government Treasury Short-Term SHY ishares 1-3 Year Treasury Bond ETF
5/5 Easy reading for the CHARTS: T&T double : spread between 2, above 20 : overbought - Below -20 oversold - above 50 = the trend is bull - below 50 = the trend is bear T&T osc* : First : to get a bullish trend, we need an oscillator above 1. Second : the MA red or green shows the oscillator momentum. The cross between the indicator and the moving average can be used as trading signal. To be more efficient, you may open a bull trade only if the cross and the indicator are above 1. When the indicator is above 1 and the cross indicates a sell signal, it is not a sell signal, it is only time to close the trade. T&T cumul position : it is a synthesis of several ST and LT T&T indicators: it gives an idea of the trend and its strength. T&T CMF : Chaikin money flow indicates accumulation (green) or distribution (red) volume. On the main chart, we use a yellow channel made of two moving averages to determine the trend. We need a close above the upper one to become bullish. On the opposite, a close below the lowest moving average and we get a bearish signal (red). If a buying trade is already running and then the price comes down between the 2 moving averages, you can accumulate more positions as long as we don't see a close below the lowest moving average. We use also 2 sophisticated moving averages ( medium and large red dashes). Even if they their parameters are implemented to get a longer perspective, they are conceived to be also short term sensitive. Very often, they are useful as a projected support or resistance. IMPORTANT : our methodology is a mixed approach with results extracted from: trend following models, support-resistance levels, quantitative trend profile based on all index component. Don't be surprised if sometimes, the T&T trend appearing on the chart is different than the one indicated in the table with the ST,MT and LT trend and their own reversal levels. Charts are edited from ProRealtime.com Easy reading for the QUALITATIVE RANKING : This spreadsheet gives you a qualitative view of the index components based on technical indicators. On the top, you get the average value obtained from the index components. Just below, for each stocks, you get the difference between the components and the average result obtained with the index components. As usual, we use the green color to light up components beating the index and a red color for the opposite. The scoring is a T&T qualitative tool. It enables us to obtain a notation for each stock. We sort the sample from the best to the worst scoring. On the right of the spread sheet, we can appreciate for several time frame, how each stocks behave compared to the index. For example, If on the longest period a stock has beaten the index and if on the short term it does the opposite, it can be an opportunity to reduce the exposure on that instrument and if possible to reallocate funds in an instrument improving its short term performance!!! Rough data are coming from Thomson Reuters. Disclaimer : This document has been prepared solely for informational purposes, and is intended only fo use be the designated recipient(s). This information was obtained from sources we believe to be reliable, but its accuracy is not guaranteed. All information is subject to change without notice. This does not constitute a solicitation or offer to buy securities or sell secutities or any other instruments, or a recommandation with respect to any security or instrument mentioned herein. This is not a confirmation of terms of any transaction. No representations are made herein with respect to availability, pricing or performance. Additional information available on request. This document should only be read by those persons to whom it is addressed and is not intended to be relied upon by any person without subsequent written confirmation of its contents. If you have received this e-mail message in error, please destroy it and delete it from your computer, Any form of reproduction, dissemination, copying, disclosure, modification, distribution and/or publication of this e-maim message is strictly prohibited. huteauth@trendandtiming,com Phone: 33 (0) 6 11 88 36 11