[Chart courtesy of MarketWatch.com] Moving the Markets An early rally fizzled in a hurry as the Dow and S&P 500 dipped into negative territory but managed to crawl back to barely conquer the unchanged line. The Nasdaq ended solidly in the green by +0.50% thanks to gains in Apple shares, which rallied 6.1% to $128.75 and reached its highest close …
Dow Clings To Gains For The Month
[Chart courtesy of MarketWatch.com] Moving the Markets Early market momentum followed yesterday’s theme with the major indexes heading south and vacillating below their unchanged lines for most of the session. During the last hour, buyers stepped in, as the VIX was crushed, and managed to push the major indexes back towards their break-even points for the day with only the …
Wall Street Slips As The Trump Pump Turns Into The Trump Slump
[Chart courtesy of MarketWatch.com] Moving the Markets I had to happen eventually. After a tremendous amount of hype and hope since Election Day, some sense of reality had to set in. It did today as investors worried that not all of the new President’s ideas and policies may be market friendly. Such was the case with the curb on immigration …
One Man’s Opinion: 2017’s Real Milestone (Or Why Interest Rates Can Never Go Back To Normal)
By John Rubino Forget about NAFTA or OPEC or TPP or crowd size or hand size or any other acronym or stat or concept that obsesses the financial press these days. Only two numbers actually matter. The first is $20 trillion, which is the level the US federal debt will exceed sometime around June of this year. Here’s the current …
ETFs On The Cutline – Updated Through 01/27/2017
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 January 27, 2017
[Chart courtesy of MarketWatch.com] Moving the Markets Keeping the major indexes in check was a report showing that US economic growth slowed in the 4th quarter expanding 1.6% for all of 2016, its worst performance since 2011. Sure, there were periods of stronger growth, such as in the third quarter, which clocked in at a 3.5% annual rate but, in …