[Chart courtesy of MarketWatch.com] Moving the markets The major indexes hovered above the unchanged line for most of the session, but some volatility set in after the Fed’s (expected) announcement of a 25-bps increase in interest rates, while assuring the Wall Street crowd that the economy is not yet overheating. Yet, at the same time, Fed head Powell signaled that …
Treading Water Despite Surging Inflation
[Chart courtesy of MarketWatch.com] Moving the markets Not much mattered to the markets today, as the major indexes were stuck in a tight range with MSM seemingly ignoring or simply shrugging off the outcome of the historical meeting between Trump and Kim Jong Un. Undeterred by the flat session, bullish momentum remains in place, despite recent events to the contrary, …
Inching Up Ahead Of Summit
[Chart courtesy of MarketWatch.com] Moving the markets Market activity happened above the unchanged line today with the major indexes vacillating in bullish territory, where they closed, despite fading in the last few minutes. The reason for the late slip was nervousness about the highly anticipated summit between Trump and N. Korea’s Kim Jong Un scheduled for tomorrow. 8 of the …
ETFs On The Cutline – Updated Through 06/08/2018
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 June 8, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/06/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-06-07-2018/ [Chart courtesy of MarketWatch.com] Moving the markets Despite a weak opening, the major indexes managed to gain some footing and climb above the unchanged line to close in the green. This performance was their strongest week in a quarter assisted by the biggest short squeeze in 4 months along with a low VIX. Since the start …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/07/2018
ETF Data updated through Thursday, June 7, 2018 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 …