Authored by David Stockman via The Daily Reckoning, During the last 129 months, the Fed has held 86 meetings. On 83 of those occasions it either cut rates or left them unchanged. So you can perhaps understand why Wednesday’s completely expected (for the last three weeks!) 25 bips left the day traders nonplussed. The Dow rallied over 100 points that …
ETFs On The Cutline – Updated Through 03/24/2017
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 March 24, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/03/weekly-statsheet-etf-tracker-newsletter-updated-03232017/ HEALTH CARE BILL FAILS; MARKETS SINK [Chart courtesy of MarketWatch.com] Moving the Markets In a repeat performance of yesterday, an early rally stalled and reversed leaving the major indexes about unchanged for the day but down for the week with the S&P 500 surrendering some -1.4%. As I mentioned throughout the week, the most widely …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/23/2017
ETF Data updated through Thursday, March 23, 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 …
Hope Rally Fails As Health-Care Bill Vote Is Delayed
[Chart courtesy of MarketWatch.com] Moving the Markets One look at the above chart shows the type of roller coaster ride the major indexes went through resulting from continued uncertainty about the outcome of the health care vote. In the end, hope of a passage got crushed as the vote got postponed on doubts that it can pass handing Trump a …
Upcoming Healthcare Vote Keeps Markets In Check
[Chart courtesy of MarketWatch.com] Moving the Markets Since market participants did not show much commitment one way or the other, the major indexes ended up hovering slightly above and below the unchanged line but managed to close slightly above it except for the Dow, which gave back a tiny -0.03%. Considering yesterday’s sharp selloff, today’s lack of follow through to …