[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes headed higher as energy shares and oil prices proved to be the catalyst to drive the markets. Helping the advance were polls allegedly showing that Hillary Clinton’s lead over Trump widened, at least that’s what MSM was heavily promoting. Clinton’s views are well known and considered to be positive …
One Man’s Opinion: Yellen Says Fed Buying Stocks Is “A Good Thing To Think About” And Could Help In A Downturn
By ZeroHedge Having hinted overnight that The Fed could buy stocks “maybe in the future,” Janet Yellen blurted out confirmation that buying assets other than long-term U.S. debt is on the table. Despite the total and utter failure of SNB and BOJ direct equity buying to create increased consumption, Yellen explained “it could be useful to be able to intervene …
ETFs On The Cutline – Updated Through 10/07/2016
Below please find the latest High Volume ETFs Cutline report, which shows how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …
ETF Tracker Newsletter For October 7, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/10/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-10062016/ ———————————————————— Market Commentary SUBDUED JOBS REPORT IS A NON-EVENT [Chart courtesy of MarketWatch.com] 1. Moving the Markets Reaction to the September jobs report was subdued at best as the print came in at a gain of 156k, which was weaker than expected. The theme was the same as in previous months in that part-time jobs …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/06/2016
ETF Data updated through Thursday, October 6, 2016 Methodology/Use of this StatSheet: From the universe of over 1,800 ETFs, I have selected only those with a trading volume of over $5 million per day (HV ETFs), so that liquidity and a small bid/ask spread are assured. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …
Uncertainty Reigns In Anticipation Of Jobs Report
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets were definitely mired in uncertainty, as an early sell-off reversed and pulled the major indexes back up close to the unchanged line. As the chart above shows, the S&P traded within a 2 point range for some 4 hours all in anticipation of tomorrow’s jobs numbers. Traders hope that they …