ETF Tracker StatSheet https://theetfbully.com/2017/10/weekly-statsheet-etf-tracker-newsletter-updated-10192017/ ENDING THE WEEK WITH A BANG [Chart courtesy of MarketWatch.com] Moving the Markets The major indexes opened up the session on the positive side of the unchanged line and never looked back, as the relentless ascent into record territory continued unabated. The big assist came from the Senate when it passed a “budget blueprint” for the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/19/2017
ETF Data updated through Thursday, October 19, 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 …
Dipping And Ripping
[Chart courtesy of MarketWatch.com] Moving the Markets Early morning selling pressure, possibly related to the 30th anniversary of the 1987 crash, pushed the major indexes lower, with the S&P 500 being down a non-newsworthy -0.33%, before starting the long climb towards the unchanged line. Other reports were mixed with earnings being robust while political tensions in Europe and questionable economic …
IBM Surges And Pushes Dow To New Record
[Chart courtesy of MarketWatch.com] Moving the Markets Sometimes you just have to laugh. The Dow rallied sharply by some 160 points with over 100 of them coming from IBM’s jump in stock price of almost 9%, its best in 9 years. You’d think that IBM’s earnings report card set the world on fire, but that was not the case, as …
Struggling To Defend Records
[Chart courtesy of MarketWatch.com] Moving the Markets While the Dow managed to eclipse the 23k milestone marker intra-day, it was not able to hold this level into the close by falling 3 points short. Nevertheless, the record is in the books with the Dow notching its 4th 1,000 point climb in the past 12 months—the most ever in a calendar …
Crawling Deeper Into Record Territory
[Chart courtesy of MarketWatch.com] Moving the Markets And the theme continued with the major indexes slowly but surely scoring another round of records, as the Dow closed within spitting distance of a new milestone marker, namely the 23,000 level. All of this came in anticipation that the upcoming earnings season won’t disappoint but to also confirm that the current lofty …