[Chart courtesy of MarketWatch.com] Moving the Markets It was a mixed day with the major indexes looking for a catalyst that never materialized. Equities meandered, and only the Dow managed to eke out a meager gain of +0.04%. It’s been a sideways pattern with the S&P 500 closing 2,388, 2,387, 2,388, 2,384, 2,388, 2,391 and 2,387 over the past 7 …
Dismal Economic Data: Bonds Rally; Equities Inch Up
[Chart courtesy of MarketWatch.com] Moving the Markets Economic data point releases were anything but awe inspiring with auto sales looking “less like a plateau and more like debt-fueled bubble on the verge of an epic collapse,” as ZH succinctly put it. Even hope for an April surprise ended in disappointment as OEMs did not even come close to estimates. Other …
Tech Sector Saves The Day
[Chart courtesy of MarketWatch.com] Moving the Markets While the Nasdaq and S&P 500 hovered above their respective unchanged lines all day, the Dow see-sawed and dove into the close for a slight loss. The Nasdaq was the savior with a solid +0.73% gain, but it also threw an assist to the S&P thereby helping it to close in the green. …
One Man’s Opinion: Stockman: The Trump Reflation Fantasy Ends On Day 100
By David Stockman In honor of the Donald’s “Mother of All Bomb” (MOAB) attack on the Hindu Kush mountains Thursday, let me introduce MOAD. I’m referring to the “Mother of All Debt” crises, of course. The opening round is coming when Washington goes into shutdown mode on April 28, which happens to be Day 100 of the Donald’s reign. In theory, this …
ETFs On The Cutline – Updated Through 04/28/2017
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 April 28, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/04/weekly-statsheet-etf-tracker-newsletter-updated-04272017/ MARKETS EKE OUT A GAIN DURING THE LAST WEEK OF THE MONTH [Chart courtesy of MarketWatch.com] Moving the Markets The aimless meandering to the downside during the first 3 weeks of April is now in the rear view mirror as the last 5 trading days combined to pull the markets above the unchanged line for the …