[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes managed to shake off yesterday’s pullback, which marked the day of the Fed’s second hike in interest rates in almost 10 years. While this was widely expected, I thought the markets would have taken that removal of uncertainty as a positive, but Yellen spoiled the party with her announcement that …
Fed Hikes And Market Strikes
[Chart courtesy of MarketWatch.com] Moving the Markets Despite the odds of the Fed hiking rates today having been close to 100%, Wall Street traders went on strike as the post-election bullish momentum waned, and the major indexes sold off by a modest amount which, however, was the worst pull-back in two months. The Fed finally came through after crying “wolf” …
Dow 20,000 Here We Come
[Chart courtesy of MarketWatch.com] Moving the Markets Yesterday’s pause in the market, during which the S&P 500 and the Nasdaq pulled back slightly, formed the basis for more advances today as the Dow reached a point that is within striking distance of the magical 20,000 milestone marker. All three major indexes stormed into record high territory as the post-election levitation …
Starting The Week On A Mixed Note
[Chart courtesy of MarketWatch.com] Moving the Markets After last week’s rip-roaring run, during which the major indexes scored some solid ground, time for a break was much overdue, especially in view of the Fed’s upcoming meeting on interest rates. The final verdict will be due out on Wednesday with the odds being still close to 100% in favor of a …
One Man’s Opinion: “Investors Are Dangerously Unprepared” – Axel Weber, Former Bundesbank Head Warns Of Coming Rate Hikes By ECB
Submitted by Michael Shedlock via MishTalk.com, Axel Weber, former head of Germany’s central bank says the ECB is going to halt QE soon and hike rates by September. Weber warns Markets Unprepared for Central Bank Shifts. Investors are dangerously unprepared for a sharp rise in eurozone bond yields when US interest rates march higher and European quantitative easing ends, Axel …
ETFs On The Cutline – Updated Through 12/9/2016
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 365 High Volume ETFs ETFs, defined as those with an average daily volume of more than …