ETF Data updated through Thursday, April 27, 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 …
Nasdaq Hits A New Record; Dow & S&P 500 Unchanged
[Chart courtesy of MarketWatch.com] Moving the Markets Earnings were in the spotlight and threw an assist to the Nasdaq pushing it into record territory, while the Dow and S&P 500 drifted and barely closed above the unchanged line. Despite the gains by companies like Comcast, PayPal and Intuit, the market had to deal with a menu of uncertainties (hat tip …
Diving Into The Close
[Chart courtesy of MarketWatch.com] Moving the Markets The old adage “buy the rumor and sell the fact” certainly rang true today as the upward momentum of the past couple of days continued early in the session in anticipation of Trump’s mother of all tax cuts. While the actual announcement confirmed some leaked information, some analysts considered the tax plan a …
Earnings And Tax Cut Hopes Drive Markets
[Chart courtesy of MarketWatch.com] Moving the Markets Caterpillar and McDonalds combined to continue yesterday’s rally with Trump’s planned tax cut announcement, scheduled for tomorrow, providing the emotional fire power. The Nasdaq managed to conquer the 6,000 level and closed solidly above it in part due to gains by heavyweights Apple and Microsoft. So far, overall profits of S&P companies are …
Relief And Hope Combine To Power Equities
[Chart courtesy of MarketWatch.com] Moving the Markets The 1st round of the French election results provided relief and hope that the current leading candidate of left wing persuasion (Emmanuel Macron) will be the one winning the final election in a couple of weeks by defeating the right-wing anti-euro and anti-establishment Marine Le Pen in a run-off. While Macron’s lead is …
One Man’s Opinion: Why The Big Banks Are Terrified Of Le Pen Winning In France (But Not BREXIT Or Trump)
By Gains, Pains & Capital France holds the first round of its Presidential election this weekend. The big worry for the markets is the fact that anti-Euro candidate Marin Le Pen could potentially win. Now, the polls show Le Pen as having NO chance of becoming Prime Minister. Of course, the polls also showed that BREXIT would not happen and …