Daily DWA Indexes Wrap

May 19, 2015

As of the close, 2/10/15:

perf

Source: Yahoo! Finance

See www.powershares.com, www.ftportfolios.com, and www.arrowshares.com for more information.

The performance above is based on pure price returns, not inclusive of dividends or all transaction costs.  Past performance is not indicative of future results.  Potential for profits is accompanied by possibility of loss.  The relative strength strategy is NOT a guarantee.  There may be times where all investments and strategies are unfavorable and depreciate in value.  Nothing contained herein should be construed as an offer to sell or the solicitation of an offer to buy any security.  This post does not attempt to examine all the facts and circumstances which may be relevant to any product or security mentioned herein.  We are not soliciting any action based on this post.  It is for the general information of readers of this blog.  This post does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients.  Before acting on any analysis, advice or recommendation in this post, investors should consider whether the security or strategy in question is suitable for their particular circumstances and, if necessary, seek professional advice.  Dorsey Wright & Associates is the index provider for the above ETFs.

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RS Chart of The Day

May 19, 2015

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Point and Figure RS Charts are calculated by dividing one security by another and plotting the ratio on a PnF chart.  When the ratio is rising, it is plotted in a column of X’s and reflects the numerator outperforming the denominator.  Likewise, when the relative strength ratio is declining, it is plotted in a column of O’s and reflects the outperformance of the denominator.

Past performance is not indicative of future results.  Potential for profits is accompanied by possibility of loss.  This example is presented for illustrative purposes only and does not represent a past recommendation.  The relative strength strategy is NOT a guarantee.  There may be times where all investments and strategies are unfavorable and depreciate in value.  Nothing contained herein should be construed as an offer to sell or the solicitation of an offer to buy any security.  This post does not attempt to examine all the facts and circumstances which may be relevant to any product or security mentioned herein.  We are not soliciting any action based on this document.  It is for the general information of clients of Dorsey, Wright & Associates, LLC (“Dorsey, Wright & Associates”).  This document does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients.  Before acting on any analysis, advice or recommendation in this document, clients should consider whether the security or strategy in question is suitable for their particular circumstances and, if necessary, seek professional advice.

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Morning Mutual Fund Wrap

May 19, 2015

5/18/15 performance of mutual funds for which Dorsey Wright provides models or research:

mutual fund

Source: Yahoo! Finance

The performance numbers above are based on NAV returns, as reported by Yahoo! Finance. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. There is no relationship between Dorsey Wright and the mutual fund provider other than a license by Dorsey Wright to the mutual fund provider of certain Dorsey Wright trademarks and trade names, and the Dorsey Wright research (“Research”). The Research has been created and developed by Dorsey Wright without regard to and independently of the mutual fund provider, its business, its development of this product, and/or any prospective investor. The licensing of any Research to the mutual fund provider is not an offer to purchase or sell, or a solicitation or an offer to buy any securities. A determination that any portion of an investor’s portfolio should be devoted to any product developed by the mutual fund provider is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey, Wright or the mutual fund provider. Investors should carefully consider the investment objectives, risks, charges, and expenses of any mutual fund before investing. The prospectus and summary prospectus documents contain this and other information about the Fund. You should read the prospectus and/or summary prospectus carefully before you invest or send money. Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value. Virtus mutual funds distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc. Arrow Funds are distributed by Archer Distributors, LLC (member FINRA).

For information regarding the Virtus Funds, please contact your financial representative, call 1-800-243-4361, or visit www.virtus.com to obtain a current prospectus and/or summary prospectus.

For information regarding the ArrowFunds, please call 1-877-277-6933 or visit www.arrowfunds.com.

 

 

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Relative Strength Spread

May 19, 2015

The chart below is the spread between the relative strength leaders and relative strength laggards (universe of mid and large cap stocks).  When the chart is rising, relative strength leaders are performing better than relative strength laggards.    As of 5/18/15:

spread

This example is presented for illustrative purposes only and does not represent a past recommendation.  The performance above is based on pure price returns, not inclusive of dividends or all transaction costs.   Investors cannot invest directly in an index. Indexes have no fees. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. 

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