[Chart courtesy of MarketWatch.com] Moving the Markets All of today’s activity happened below the unchanged line with the energy sector dropping (-0.9%) as oil prices slipped and gave back -1.37%. Of course, after Friday’s climb into record territory, a pause was in order with Wall Street awaiting the next run of earnings reports along with more clarity on Trump’s policies. …
One Man’s Opinion: How Much Longer Can The Market Go Without A Correction?
By Zero Hedge With the recent performance of the S&P, in which there has not been even a single 1% drawdown since the election, not only is complacency raging but some traders have forgotten what it even means to experience a modest 5% correction, let alone a 20% bear market. How much longer can this go on? For the answer, …
ETFs On The Cutline – Updated Through 02/03/2017
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 February 3, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/02/weekly-statsheet-etf-tracker-newsletter-updated-02022017/ When Bad News Is Good News [Chart courtesy of MarketWatch.com] Moving the Markets Equities started the day solidly above the unchanged line and went up from there breaking out of its narrow sideways pattern, but the gains for the week were slim with the S&P 500 adding only a meager 2 points. The widely anticipated non-farm …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/02/2017
ETF Data updated through Thursday, February 2, 2017 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 …
Riding The Range
[Chart courtesy of MarketWatch.com] Moving the Markets “Dead man walking” would best describe today’s session as the major indexes continued their recent sideways pattern by vacillating above and below their respective trend lines with nothing to show for at the end. It’s been now 78 days since the S&P 500 moved 1%, which simply tells us how narrow this trading …