ETF Data updated through Thursday, September 14, 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 …
Weak Economic Data Keeps Markets In Check
[Chart courtesy of MarketWatch.com] Moving the Markets While the Dow managed to close in the green for the 3rd straight session in a row, the broader market sagged a little based on weak retail shares that had the sector (XRT) giving back -0.72%. A couple of other numbers did absolutely nothing to instill confidence in an already declining economy. Consumer …
Late Buying Pushes Markets Into Record Territory
[Chart courtesy of MarketWatch.com] Moving the Markets The respective unchanged lines appeared to be the magnet for the major indexes throughout most of the session, as they bounced above and below it until late buying pushed them into the green for good, and we registered another record close. The gains were tiny, but they were gains nonetheless. As the chart …
Extending The Rally
[Chart courtesy of MarketWatch.com] Moving the Markets After yesterday’s massive rebound, the major indexes continued with their bullish theme supported by Treasury Secretary Mnuchin’s words that he’s hopeful a tax overhaul can be accomplished by the end of the year. He also hinted that they’re considering backdating any reform to the beginning of 2017. That’s all it took, and stocks …
Hurricane Irma Strikes…Markets Rally
[Chart courtesy of MarketWatch.com] Moving the Markets Sure, why not? After hurricane Harvey’s strike in Texas, which is still trying to get a handle on the amount of devastation and costs to rebuild, Irma struck Florida this weekend wreaking havoc in many parts, but the hit turned out to be less forceful than expected. That fact, combined with N. Korea …
One Man’s Opinion: The World Is Becoming Desperate About Deflation
By Vitaliy Katsenelson The Great Recession may be over, but eight years later we can still see the deep scars and unhealed wounds it left on the global economy. In an attempt to prevent an unpleasant revisit to the Stone Age, global governments have bailed out banks and the private sector. These bailouts and subsequent stimuli swelled global government debt, …