ETF Tracker StatSheet https://theetfbully.com/2017/04/weekly-statsheet-etf-tracker-newsletter-updated-04132017/ SLIPPING, SLIDING AND GRINDING [Chart courtesy of MarketWatch.com] Moving the Markets More saber rattling rattled the markets after a 21,000 pound MOAB (Mother of all Bombs) was dropped in Afghanistan to destroy some underground ISIS facilities. At this time, it’s unknown if the damage inflicted was greater in domestic equities than in the intended targets. For …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/13/2017
ETF Data updated through Thursday, April 13, 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 …
Uncertainty Reigns; Dollar Gets Pummeled
[Chart courtesy of MarketWatch.com] Moving the Markets Uncertainty and volatility reigned supreme as Secretary of State Tillerson’s meeting in Russia initially generated a small relief rally in the dollar with bond yields shooting higher. Then the hammer came down as Trump commented on a variety of issues including China and the overvalued US dollar. That was all it took, and …
Geopolitical Uncertainty Supports Gold
[Chart courtesy of MarketWatch.com] Moving the Markets As saber rattling continues to be the topic du jour, it’s no surprise that gold has been the main beneficiary by not just being the leader YTD for 2017, but also finally conquering its 5-month glass ceiling, namely its 200-day M/A. We’ll have to wait and see if current momentum can propel gold …
Clinging To A Tiny Gain
[Chart courtesy of MarketWatch.com] Moving the Markets We started the week on a positive note when suddenly the markets took a dive below the unchanged line, crawled back above it and then closed with a tiny gain. Stocks were spooked on news reports that China had amassed some 150,000 troops along the North Korean border, which was enough to take …
One Man’s Opinion: FOMC Admits The Stock Market Is A Bubble, Along With Many Other Asset Classes
By ZeroHedge The much anticipated March FOMC minutes were released today (last Wed), and the minutes concluded exactly what I predicted in my last post titled “Is the Fed Trying to stop a “Market” that has gotten ahead of itself”. In it I said that the only reason they were raising rates unexpectedly is because they are trying to slow …