[Chart courtesy of MarketWatch.com] Moving the Markets It was a tale of two markets as the Nasdaq was propelled higher with semiconductors (SMH) reversing their recent downtrend by charging ahead +1.90%. The Dow closed about unchanged, while the S&P 500 managed to eke out a small gain of +0.15%. Things looked ugly in the energy sector as oil got hit …
Nasdaq Slips But Dow And S&P 500 Edge Up
Due to the shortened pre-holiday session, there will be no market report today but only an update to our Trend Tracking Indexes (TTIs): The TTI’s were mixed with the Domestic one slipping a tad while the International one gained solidly. Here’s how we closed 7/3/2017: Domestic TTI: +2.98% (last close +3.01%)—Buy signal effective 4/4/2016 International TTI: +7.19% (last close +6.89%)—Buy …
One Man’s Opinion: Get Ready For “QT1”: A First Look At The Fed’s Hidden Policy
By James Rickards The Federal Reserve is now setting out on a new path for quantitative tightening (QT) after nine years of unconventional quantitative (QE) easing policy. It is the evil twin of QE which was used to ease monetary conditions when interest rates were already zero. First, it is important to examine QE and QT in a broader context …
ETFs On The Cutline – Updated Through 06/30/2017
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 …