ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11172016/ ———————————————————— Market Commentary MAJOR INDEXES PULL BACK HEADING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the Markets The post election bull market slowed down today, and the major indexes finished with slight losses. The dollar was on a tear again and extended its rally in part supported by Fed chief Yellen’s comments that boosted …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/17/2016
ETF Data updated through Thursday, November 17, 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 …
Bond Yields Spike But Major Indexes Crawl Higher
[Chart courtesy of MarketWatch.com] Moving the Markets Fed chief Yellen was in the spotlight during her congressional testimony at which time she pointed out that the election outcome has not changed the Fed’s plan for a rate increase “relatively soon” and absent any dramatic changes, a gradual pace of hikes thereafter. Sounds like the same rhetoric we’ve heard all year …
A Pause In The Post-Election Rally
[Chart courtesy of MarketWatch.com] Moving the Markets It was a mixed day with the S&P meandering slightly below its unchanged line caused by Wall Street digesting a healthy dose of economic data points. Industrial production tanked again and has now contracted for the 14th straight month, which is its longest non-recessionary streak in 96 years. To look at it another …
Post Election Updraft Continues
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes extended their post election really with the Nasdaq being the winner of the day with a gain of +1.10%. The Dow managed to again creep into record territory while the S&P added a solid +0.75%. Energy stocks provided the fuel with oil racing ahead with a gain of +5.82% in …
The Trump Pump Slows: Dow Inches Into Record Territory But Nasdaq Drops
[Chart courtesy of MarketWatch.com] Moving the Markets It was a tale of different markets. While the DIA made a new all-time high, the Nasdaq dropped as the rotation continued out of tech into financials, industrials, energy and transportation, all being powered by expectations that Trump’s economic policies might be beneficial for those sectors. The dollar surged as emerging markets got …