[Chart courtesy of MarketWatch.com] Moving the Markets I’ve been mentioning the glass ceiling during recent posts, and today was the day when the S&P 500 managed to break out of a 4-day sideways pattern to close the session at a new record but only by a tiny margin while setting a 2017 volume low. Most of the day was spent …
Bouncing Against A Glass Ceiling
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes managed to stay above the unchanged line throughout the session (on low volume) and kept bouncing against the invisible glass ceiling also known as new all-time highs. There was not enough momentum to break through, and it appears that we’ll be having a fairly quiet week as far as politics …
Stocks And Precious Metals Jump; Dollar Slips
[Chart courtesy of MarketWatch.com] Moving the Markets Another effort to push equities back to levels reached prior to last Wednesday’s sell-off was successful with all three major indexes gaining for the third day in a row as the S&P 500 is now lurking within 8 points of its all-time high and is back in the green for May. However, the …
One Man’s Opinion: 1999 Called, They Want Their Stock Bubble Back…
By Simon Black File this one away under “Completely Obvious…” Last night the parent company of Snapchat reported a quarterly loss of more than TWO BILLION dollars. Snapchat, of course, is the photo-focused social networking app that’s adored by tweens and adults who still live with their parents. (Talk about a lucractive demographic.) The company IPO’d just a few months …
ETFs On The Cutline – Updated Through 05/19/2017
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 May 19, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/05/weekly-statsheet-etf-tracker-newsletter-updated-05182017/ BULLARD PUMP DRIVES MARKETS [Chart courtesy of MarketWatch.com] Moving the Markets When all else fails, and the markets are in danger of heading south in a big way, it’s nice to know that we can always count on one of the Fed mouthpieces to create an enticing news headline, designed to be picked up by computer …