[Chart courtesy of MarketWatch.com] Moving the Markets To me, today’s trading session had the look of a relief rally after last week’s sell-off, and the fact that the war mongering with N. Korea did not turn into anything more but jawboning over the Holiday weekend. The major indexes gained solidly with the S&P 500 trying to make up the losses …
One Man’s Opinion: Just A Quick Reminder: The Federal Reserve Is Almost Insolvent
By Sovereign Man September 10, 2008 was one of the last “normal” days in the world of banking and finance. That afternoon, the US Federal Reserve published its routine, weekly balance sheet report, indicating that the central bank had total assets worth around $925 billion. Just a few days later, Lehman Brothers filed for bankruptcy, kicking off the most severe …
ETFs On The Cutline – Updated Through 04/13/2017
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 13, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/04/weekly-statsheet-etf-tracker-newsletter-updated-04132017/ SLIPPING, SLIDING AND GRINDING [Chart courtesy of MarketWatch.com] Moving the Markets More saber rattling rattled the markets after a 21,000 pound MOAB (Mother of all Bombs) was dropped in Afghanistan to destroy some underground ISIS facilities. At this time, it’s unknown if the damage inflicted was greater in domestic equities than in the intended targets. For …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/13/2017
ETF Data updated through Thursday, April 13, 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 …
Uncertainty Reigns; Dollar Gets Pummeled
[Chart courtesy of MarketWatch.com] Moving the Markets Uncertainty and volatility reigned supreme as Secretary of State Tillerson’s meeting in Russia initially generated a small relief rally in the dollar with bond yields shooting higher. Then the hammer came down as Trump commented on a variety of issues including China and the overvalued US dollar. That was all it took, and …